Kmg Fiduciary Partners 13F: Cuts AMAT Stake by $771K
Kmg Fiduciary Partners reduced its stake in Applied Materials, reflecting a 15.97% decrease.
Reviewed by automated data checks against the source filing. How we make and check alerts
Kmg Fiduciary Partners sold 1,508 shares from its stake in Applied Materials, Inc. ($AMAT), a 15.97% decrease, according to a 13F filing with the SEC dated October 14, 2026. It reported 7,934 shares worth $4.06 million at the end of the quarter.
Since the filing, $AMAT is down 8.4% to date (from the $446.63 close on Oct 14, 2026).
Find the original: Kmg Fiduciary Partners 13F filings on SEC EDGAR
AMAT
Applied Materials, Inc.
Key Points
- Kmg Fiduciary Partners reduced its stake in Applied Materials, Inc. by 1,508 shares, now holding 7,934 shares valued at $4.06 million as of the latest 13F filing.
- Applied Materials trades on the NasdaqGS with a market cap of $368.4 billion, a P/E ratio of 40.0, and a 52-week range between $196.2 and $739.67.
- The company pays an annual dividend rate of $2.12 with a yield of 0.48% and maintains a strong buy consensus among analysts.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Applied Materials, Inc. alert may contain errors. Disclosures
Kmg Fiduciary Partners has trimmed its holdings in Applied Materials, Inc. (NasdaqGS: AMAT) by 1,508 shares, according to its latest 13F filing with the SEC. The firm now holds 7,934 shares valued at approximately $4.06 million. This marks a 15.97% decrease in its position as of the reporting period.
Kmg Fiduciary Partners vs. the S&P 500
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What Changed in Kmg Fiduciary Partners' Applied Materials Position
Kmg Fiduciary Partners reduced its stake in Applied Materials from 9,442 shares to 7,934 shares, a decrease of 1,508 shares. The reported value of this holding is about $4.06 million.
Applied Materials, Inc. Stock Down 1.9%
Shares of Applied Materials, Inc. were trading near $444.57 as of the last close on Friday. The company, which operates in the semiconductor equipment and materials industry, has a market capitalization of approximately $368.4 billion. It holds a P/E ratio of 40.0 and a forward P/E of 25.2, with a beta of 1.597, indicating its relatively high volatility compared to the broader market. The stock's 52-week range spans from $196.2 to $739.67, with a 50-day moving average of $498.35 and a 200-day moving average of $417.26.
Recent Earnings
Applied Materials reported revenue of $30.84 billion, with a revenue growth rate of 24.8%. The company achieved a net margin of 30.05% and a return on equity of 41.07%. Earnings per share stood at $11.60. Investors can expect the next earnings report on November 12, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
20 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 5.9%. Revenue beat estimates by 12.9%.
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Profit surprise
EBITDA beat by 52 percent. Operating income beat by 24 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
20 target raises.
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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
The company offers an annual dividend rate of $2.12, yielding 0.48%. Its dividend payout ratio is 16.48%, suggesting a conservative approach to dividend distribution. The ex-dividend date was not specified.
About Applied Materials
Applied Materials, Inc., headquartered in Santa Clara, California, provides solutions in materials engineering, equipment, services, and software for the semiconductor industry worldwide. The company operates through two main segments: Semiconductor Systems and Applied Global Services (AGS). It serves semiconductor chip manufacturers and other electronic device producers. Led by CEO Gary E. Dickerson, the company employs around 38,900 people.
Bottom Line
Kmg Fiduciary Partners' decision to reduce its stake in Applied Materials highlights the dynamic nature of institutional investment strategies. Investors often track these filings to gauge institutional confidence in companies. However, it's important to remember that 13F filings are backward-looking and might not represent current positions.
Related Filing Alerts
Source: Kmg Fiduciary Partners's 13F filing on $AMAT (Oct 14, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Kmg Fiduciary Partners 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts