• Morgan Stanley maintains an "Overweight" rating for NASDAQ:AMAT, raising the price target from $252 to $273.
• Boston Family Office LLC and other significant investors increase their stakes in AMAT, indicating strong institutional interest.
• AMAT's stock price reaches a yearly high of $255.79, with a market capitalization of approximately $202.94 billion and a trading volume of 6,195,179 shares.

Applied Materials, Inc. (NASDAQ:AMAT) is a leading company in the semiconductor industry, providing manufacturing equipment and services. It plays a crucial role in the production of chips used in various electronic devices. The company competes with other major players like Lam Research and KLA Corporation. On December 2, 2025, Morgan Stanley maintained its "Overweight" rating for AMAT, with the stock priced at $254.75.

Morgan Stanley's decision to raise the price target for AMAT from $252 to $273 reflects confidence in the company's future performance. This optimism is shared by investors like Boston Family Office LLC, which increased its investment in AMAT by 20% during the most recent quarter. The firm now holds 8,516 shares, valued at approximately $1.56 million.

Other significant investors have also shown interest in AMAT. Geode Capital Management LLC increased its stake by 2% in the second quarter, now owning over 21 million shares valued at approximately $3.84 billion. Additionally, Norges Bank acquired a new stake in AMAT, valued at around $1.6 billion, indicating strong institutional interest.

The stock is currently trading at $254.75, with a recent price increase of $2.50, marking a 0.99% rise. The day's trading has seen a low of $248.53 and a high of $255.79, which is the highest price for the year. Over the past year, the stock has reached a low of $123.74, showcasing significant growth.

Applied Materials has a market capitalization of approximately $202.94 billion, with a trading volume of 6,195,179 shares. This substantial market cap and trading volume highlight the company's strong position in the market and the high level of investor interest.