BSN CAPITAL PARTNERS 13F: Adds $44M to AMAT Stake

BSN Capital Partners boosted its holdings in Applied Materials, Inc. AMAT by 93,000 shares during the quarter, bringing its total stake to 143,000 shares. According to a Form 13F filing with the Securities and Exchange Commission on October 23, 2026, the value of the fund's investment reached about $67.8 million.

AMAT Applied Materials, Inc.

$377.24 ▲ +40.80% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in BSN Capital Partners's Applied Materials Position

The fund expanded its position by 186.0%, growing from 50,000 shares previously. The expanded bet places the semiconductor equipment provider among the larger positions reported in the fund's latest filing.

Other Institutional Activity in Applied Materials

Other institutional investors adjusted their positions in the chip gear maker around the same time. Livforsakringsbolaget Skandia, Omsesidigt reduced its holdings by 5,330 shares, ending with 70,237 shares worth about $35.9 million. Midwest Trust cut its stake by 6,784 shares, leaving it with 88,978 shares valued at about $45.5 million. AMF Tjanstepension picked up a new position of 6,638 shares worth about $3.4 million. Carnegie Investment Counsel trimmed its holdings by 3,613 shares, ending with 108,067 shares valued at about $55.3 million.

Applied Materials, Inc. Stock Down 7.1%

The stock recently traded around $380.06 as of October 24, 2026, up about 0.7% from its closing price of $377.24 on the filing date. The shares sit below their 50-day moving average of $471.56 and below their 52-week high of $739.67, while remaining well above the 52-week low of $203.40.

Recent Earnings

Applied Materials reported trailing twelve-month revenue of $30.8 billion and earnings of $11.59 per share. The company posted a net profit margin of 30.1% alongside a return on equity of 41.1%, with year-over-year revenue growth reaching 24.8%. The company is scheduled to release its next financial results on November 12, 2026.

Dividend

The company pays an annual dividend rate of $2.12 per share, which translates to a dividend yield of 0.56%. The payout ratio stands at 16.5%, meaning the firm uses a modest portion of its earnings to fund the shareholder payout.

Insider Buying and Selling at Applied Materials, Inc.

Company insiders executed several sales prior to the filing. Chief Executive Officer Gary E. Dickerson disposed of 78,321 shares valued at about $55.6 million on June 30, 2026. Chief Financial Officer Brice Hill sold 7,500 shares at $479.25 apiece for a total of $3.6 million on August 25, 2026. Director Judy Bruner parted with 1,000 shares at $465.00 each on September 8, 2026, and officer Adam Sanders sold 725 shares at $544.56 each on October 2, 2026.

Analysts Set New Price Targets

Wall Street analysts updated their views on the stock ahead of the filing. On September 1, 2026, UBS maintained a Buy rating and lifted its target to $695.00. Morgan Stanley maintained an Equal-Weight rating on September 28, 2026, while lowering its target to $563.00. RBC Capital reiterated an Outperform rating with a $600.00 target on October 14, 2026. Evercore ISI Group maintained an Outperform rating on October 15, 2026, adjusting its target to $590.00. Needham maintained a Buy rating on October 16, 2026, while moving its target to $580.00. The stock carries a consensus strong buy recommendation and a mean price target of $627.83 from 36 analysts.

About Applied Materials

Headquartered in Santa Clara, California, Applied Materials builds specialized equipment, software, and services used by chipmakers to manufacture semiconductors worldwide. Its systems help fabricators etch, deposit, and inspect microscopic circuits on silicon wafers. Institutional backing from firms like BSN Capital Partners underscores the company's central role in the global technology supply chain.

Bottom Line

Investors will look to the upcoming earnings report on November 12, 2026, for further updates on order momentum and profit margins. The stock currently trades below analyst targets as the broader semiconductor equipment sector navigates shifting demand trends.