J. Safra Sarasin Holding 13F: Cuts AMAT Stake by $29M
Key Points
- J. Safra Sarasin's cut reflects a 29.8% decrease in its holdings, valued at about $28.8 million.
- J. Safra Sarasin Holding held 141,368 $AMAT shares at quarter end, down 29.82% from the prior quarter.
- The fund now has a portfolio weight of 2.85% in Applied Materials, ranking it 9th among its 800 reported positions.
- Analysts maintain a generally positive outlook, with UBS setting a price target of $695, while the stock recently traded at about $387.59.
Get Applied Materials text alerts
We text you when insiders, Congress, analysts or big funds move on $AMAT.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Applied Materials, Inc. alert may contain errors. Disclosures
On October 26, 2026, J. Safra Sarasin Holding reduced its position in Applied Materials, Inc. (AMAT) by 60,075 shares, bringing its total to 141,368 shares valued at approximately $67.7 million. This change was disclosed in the fund's latest Form 13F filing with the SEC.
AMAT
Applied Materials, Inc.
What Changed in J. Safra Sarasin's Position
J. Safra Sarasin's cut reflects a 29.8% decrease in its holdings. The reported value of this position is about $67.7 million, down from $95.5 million before the reduction.
Where Applied Materials Fits in J. Safra Sarasin's Portfolio
After this cut, Applied Materials represents 2.85% of J. Safra Sarasin's total reported value of about $2.37 billion. The fund ranks this position 9th out of its 800 reported holdings, indicating a significant adjustment in its investment in the semiconductor equipment sector.
Other Institutional Activity in Applied Materials
Other funds have also made adjustments in their stakes in Applied Materials recently. UniSuper Management cut its holdings by 78,531 shares, ending with 412,651 shares valued at about $211 million. EULAV Asset Management sold out of its position entirely, reducing its shares by 4,927.
Applied Materials, Inc. Stock Up 3.2%
The stock recently traded around $387.59, which is about equal to its closing price on the filing date. This level suggests that the shares are currently stable after a period of fluctuation in the semiconductor market.
Recent Earnings
For the trailing twelve months, Applied Materials reported revenue of approximately $30.8 billion and earnings per share (EPS) of $11.59. The next earnings report is scheduled for November 12, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
20 analysts raised price targets.
-
EPS & revenue
EPS beat estimates by 5.9%. Revenue beat estimates by 12.9%.
-
Profit surprise
EBITDA beat by 52 percent. Operating income beat by 24 percent.
-
Pre-earnings setup
Bar was high, analysts already very bullish.
-
Analyst signal
20 target raises.
-
Earnings quality
Gross margin up 0.8 points. Operating margin up 1.3 points. Positive free cash flow.
Earnings Call Summary
Applied Materials delivered record revenue of $7.91 billion this quarter driven by strong artificial intelligence infrastructure demand. The company sees its highest gross margin in over 25 years at 50 percent. Management highlighted that artificial intelligence is diversifying beyond training into new areas like agentic applications, which increases demand for memory and processors, and they expect continued strong growth into 2027 and beyond as customers build new factories.
Guidance Applied expects about $8.95 billion in revenue next quarter, up nearly 23 percent from last year. The company expects earnings per share of $3.36, up nearly 36 percent. Management raised its full-year equipment growth outlook to more than 30 percent as artificial intelligence demand accelerates and customers add production capacity.
Clearly positive report. Results were better than expected, though the forward reset is not the strongest.
Dividend
Applied Materials pays an annual dividend of $2.12 per share, with a payout ratio of 16.5%. This provides a steady return for investors amidst stock fluctuations.
Insider Buying and Selling at Applied Materials, Inc.
Several insiders have sold shares recently. CEO Gary E. Dickerson sold 78,321 shares on June 30, 2026, valued at about $55.6 million. CFO Brice Hill sold 7,500 shares on August 25, 2026, for around $3.6 million at an average price of $479.25.
Analysts Set New Price Targets
Analysts maintain a generally positive outlook for Applied Materials. On September 1, 2026, UBS maintained a Buy rating with a price target of $695. Morgan Stanley kept an Equal-Weight rating with a target of $563, while RBC Capital reiterated an Outperform rating with a target of $600.
About Applied Materials
Applied Materials, Inc. offers materials engineering solutions and equipment to the semiconductor and related industries. The company operates through two main segments: Semiconductor Systems and Applied Global Services (AGS). This recent adjustment in J. Safra Sarasin's position highlights ongoing changes in the semiconductor market landscape.
Bottom Line
Investors should keep an eye on the upcoming earnings report on November 12, 2026, and further institutional filings. J. Safra Sarasin's recent reduction in its stake in Applied Materials reflects broader trends affecting the semiconductor sector.
Related Filing Alerts
Source: J. Safra Sarasin Holding's 13F filing on $AMAT (Oct 26, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts