Applied Materials Hits New 52-Week High of $378.86, Showcasing Strong Growth

Applied Materials, Inc. has reached a significant milestone by hitting a new 52-week high of USD 378.86 on February 23, 2026. This achievement underscores the company's robust performance in the industrial manufacturing sector, where it has demonstrated a remarkable one-year return of 63.72%, significantly outperforming the S&P 500's 12.95% return during the same period. With a market capitalization of USD 717,955 million, Applied Materials is classified as a large-cap company. The stock's price-to-earnings (P/E) ratio stands at 64.00, reflecting its premium valuation compared to industry peers. The company also boasts a healthy dividend yield of 5.38%, with a dividend payout ratio reaching 20.74% and a dividend per share of USD 5.03. Applied Materials has shown strong long-term fundamental strength, evidenced by a return on equity (ROE) of 32.98% and consistent growth in net sales and operating profit. The company maintains a low debt-to-equity ratio of -0.09, indicating a solid financial position. With high institutional holdings at 85.16%, the stock continues to attract attention in the market, reflecting confidence in its operational capabilities.