Tidal Investments Adds $13M in Applied Materials, Inc. ($AMAT)

Tidal Investments has increased its stake in Applied Materials, Inc. (NasdaqGS: AMAT) by 18,061 shares. As of the latest filing, the fund holds 311,199 shares valued at approximately $171.94 million. This move represents a 6.16% increase in its position from the previous quarter.

What Changed in Tidal Investments' Applied Materials Position

Tidal Investments added 18,061 shares of Applied Materials, growing its stake by 6.16% to a total of 311,199 shares. The value of its holdings now stands at roughly $171.94 million, reflecting confidence in the semiconductor equipment provider.

Other Institutional Activity in Applied Materials

BlackRock, Inc. grew its holdings in Applied Materials by 3,715,744 shares, ending with 78,974,833 shares valued at about $26.99 billion. Vanguard Capital Management LLC maintained its position with 51,577,799 shares worth approximately $17.63 billion. State Street Corp, on the other hand, reduced its stake by 423,673 shares, bringing its total to 37,506,950 shares valued at $12.82 billion. Capital Research Global Investors also trimmed its holdings by 3,251,625 shares, resulting in 29,455,424 shares worth nearly $10.07 billion. Meanwhile, Geode Capital Management, LLC increased its shares by 3,313,100 to a total of 21,921,798 shares, valued at $7.48 billion.

Applied Materials, Inc. Stock Up 51.5%

Shares of Applied Materials, Inc. (NasdaqGS: AMAT) are trading near $552.50. The company boasts a market capitalization of approximately $450.37 billion, with a P/E ratio of 53.46 and a forward P/E of 34.89. The stock's 52-week range spans from $154.47 to $569.95, with a 50-day moving average of $427.21 and a 200-day moving average of $309.24. Applied Materials has a current ratio of 2.51, a quick ratio of 1.62, and a debt-to-equity ratio of 30.40.

Recent Earnings

In its most recent quarter, Applied Materials reported revenue of $29.02 billion, reflecting a growth rate of 11.4%. The company achieved a net margin of 29.31% and a return on equity of 39.69%. The next earnings report is expected on August 13, 2026.

Dividend

Applied Materials pays an annual dividend of $2.12 per share, yielding 0.37%. The dividend payout ratio is 17.31%.

Insider Buying and Selling at Applied Materials, Inc.

Recent insider activity at Applied Materials includes several sales. Raja Prabu, President of the Semiconductor Products Group, sold 50,000 shares at an average price of $505.28 on June 4, 2026. On June 3, 2026, Hill Brice, Senior Vice President and CFO, sold 2,500 shares at $498.86. Other insiders, including Judy Bruner and Adam Sanders, also sold shares in late May.

Analysts Set New Price Targets

On June 11, 2026, Barclays maintained its "buy" rating for Applied Materials with a price target of $590. UBS and Cantor Fitzgerald also maintained "buy" ratings with targets of $570 and $650, respectively, on June 10, 2026. Mizuho and Argus Research have set targets of $540 and $500, respectively, in late May. The consensus among 36 analysts is a "strong buy," with a mean target price of $517.28.

About Applied Materials, Inc.

Applied Materials, Inc. is a leading company in the semiconductor equipment industry, providing materials engineering solutions and services globally. Headquartered in Santa Clara, California, the company operates through its Semiconductor Systems and Applied Global Services segments, serving manufacturers of semiconductor wafers, chips, and other electronic devices. Under the leadership of CEO Gary E. Dickerson, Applied Materials employs approximately 36,400 people worldwide.

Bottom Line

Tidal Investments' recent increase in its stake in Applied Materials, Inc. signals a positive outlook on the semiconductor equipment sector. Investors often monitor 13F filings like this one to gauge institutional sentiment, though it's important to remember these filings reflect past positions and may not indicate current holdings.