Applied Materials (AMAT)
Technology · NASDAQ · US
Price as at 1 Sept 2026, 17:17 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Applied Materials trades at $441.70, close to the $408.10 our fair value estimate puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 92 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 56.8 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
AMAT dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $1.52 | 3 |
| 2025 | $1.78 | 4 |
| 2024 | $1.52 | 4 |
| 2023 | $1.22 | 4 |
| 2022 | $1.02 | 4 |
| 2021 | $0.940 | 4 |
| 2020 | $0.870 | 4 |
| 2019 | $0.830 | 4 |
| 2018 | $0.700 | 4 |
| 2017 | $0.400 | 4 |
| 2016 | $0.400 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
AMAT earnings and analyst estimates
Recommendation mix, 39 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Applied Materials
Applied Materials, Inc. provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries in the United States, China, Korea, Taiwan, Japan, Southeast Asia, Europe, and internationally. The company operates through Semiconductor Systems and Applied Global Services (AGS) segments. The Semiconductor Systems segment includes semiconductor capital equipment to enable materials engineering steps, including etch, rapid thermal processing, deposition, chemical mechanical planarization, metrology and inspection, wafer packaging, and ion implantation. The AGS segment offers integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, and 200 millimeter and other equipment and factory automation software for semiconductor and other products. It serves manufacturers of semiconductor wafers and chips, and other electronic devices. Applied Materials, Inc. was incorporated in 1967 and is headquartered in Santa Clara, California.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
AMAT passes 5 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
37 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Capital Research Global, Capital Research Global Investors$10.07B · 1.6% of book
- Philippe Laffont, COATUE MANAGEMENT LLC$3.05B · 6.3% of book
- Lewis Sanders, Sanders Capital, LLC$2.11B · 2.5% of book
- Parnassus Investments, PARNASSUS INVESTMENTS, LLC$1.83B · 4.9% of book
- Chase Coleman, TIGER GLOBAL MANAGEMENT LLC$1.18B · 4.9% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Applied Materials (AMAT) undervalued?
Against our fair value estimate of $408.10, AMAT at $441.70 is 8% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own AMAT?
37 of the institutions we track reported a position in AMAT in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is AMAT's P/E ratio?
AMAT trades at 56.8 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Applied Materials (AMAT) pay a dividend?
Yes. Applied Materials yields 0.36% at the current share price. It has paid $1.98 per share over the trailing twelve months. It has paid a dividend in each of the last 21 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its AMAT data?
Fundamentals for AMAT come from company filings and exchange data, as listed on NASDAQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Sept 2026, 17:17 UTC and is delayed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for AMAT, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.