SPX Gestao de Recursos Ltda Invests $904,000 in Applied Materials, Inc. $AMAT

Posted by Brenda Bartman on Aug 19th, 2026

SPX Gestao de Recursos Ltda purchased a new position in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) in the second quarter, HoldingsChannel reports. The fund purchased 1,250 shares of the manufacturing equipment provider’s stock, valued at approximately $904,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. JFS Wealth Advisors LLC grew its holdings in Applied Materials by 4.3% during the 2nd quarter. JFS Wealth Advisors LLC now owns 409 shares of the manufacturing equipment provider’s stock worth $296,000 after acquiring an additional 17 shares in the last quarter. Innovative Asset Advisors Group LLC raised its stake in shares of Applied Materials by 2.1% in the 2nd quarter. Innovative Asset Advisors Group LLC now owns 961 shares of the manufacturing equipment provider’s stock valued at $695,000 after purchasing an additional 20 shares in the last quarter. Stonebridge Financial Group LLC raised its stake in shares of Applied Materials by 2.1% in the 2nd quarter. Stonebridge Financial Group LLC now owns 1,003 shares of the manufacturing equipment provider’s stock valued at $725,000 after purchasing an additional 21 shares in the last quarter. Basecamp Wealth Advisors LLC lifted its position in shares of Applied Materials by 0.7% during the first quarter. Basecamp Wealth Advisors LLC now owns 3,288 shares of the manufacturing equipment provider’s stock worth $1,124,000 after purchasing an additional 22 shares during the last quarter. Finally, Financial Management Professionals Inc. lifted its position in shares of Applied Materials by 2.2% during the second quarter. Financial Management Professionals Inc. now owns 1,040 shares of the manufacturing equipment provider’s stock worth $752,000 after purchasing an additional 22 shares during the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Applied Materials

In other Applied Materials news, SVP Omkaram Nalamasu sold 24,263 shares of Applied Materials stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the sale, the senior vice president owned 146,916 shares of the company’s stock, valued at $87,184,361.88. The trade was a 14.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Prabu G. Raja sold 50,000 shares of the business’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $505.28, for a total value of $25,264,000.00. Following the transaction, the insider owned 356,642 shares of the company’s stock, valued at $180,204,069.76. This trade represents a 12.30% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 278,088 shares of company stock valued at $169,654,805. 0.30% of the stock is currently owned by insiders.

Key Stories Impacting Applied Materials

Here are the key news stories impacting Applied Materials this week:

Positive Sentiment: Applied Materials has gained significant investor attention as a key beneficiary of AI-related semiconductor and memory-fabrication investment. Its broad equipment portfolio and exposure to strong chip demand support the longer-term growth outlook. Applied Materials Rockets 98% in 2026
Positive Sentiment: Analyst commentary remains broadly constructive, citing AI-driven growth, semiconductor demand and Applied Materials’ diversified product portfolio as reasons to hold the stock despite its premium valuation. Should You Buy, Sell or Hold AMAT Stock
Positive Sentiment: B. Riley and Needham reiterated Buy ratings, while separate analyst reports raised price targets to $600 and $660, reinforcing bullish expectations for continued earnings and industry growth. Applied Materials Buy Rating Reiterated
Neutral Sentiment: Applied Materials has substantially outperformed Lam Research and KLA in the 2026 AI-capex rally. The comparison suggests the shares have greater momentum but may also face higher expectations if chip-equipment spending slows. AMAT Compared With Lam Research and KLA
Negative Sentiment: Recent doubts about the durability of AI spending triggered a broad pullback in chip-equipment stocks. Applied Materials’ roughly 98% year-to-date advance leaves the stock particularly exposed to de-risking and profit-taking.
Negative Sentiment: One analysis argues that AMAT is “priced for perfection,” while another notes that beating Wall Street estimates may not be sufficient to support further gains when valuation and forward expectations are already demanding. Applied Materials Is Priced for Perfection

Applied Materials Stock Down 3.9%

AMAT stock opened at $514.33 on Wednesday. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $739.67. The firm’s 50-day simple moving average is $565.31 and its 200 day simple moving average is $448.45. The stock has a market cap of $408.36 billion, a PE ratio of 44.34, a price-to-earnings-growth ratio of 1.25 and a beta of 1.61.

Applied Materials (NASDAQ:AMAT – Get Free Report) last posted its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.40 by $0.10. The firm had revenue of $9.12 billion during the quarter, compared to analyst estimates of $8.99 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. Applied Materials’s revenue was up 24.8% on a year-over-year basis. During the same period in the previous year, the business posted $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, sell-side analysts predict that Applied Materials, Inc. will post 12.65 EPS for the current year.

Applied Materials Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a dividend of $0.53 per share. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials’s payout ratio is currently 18.28%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on AMAT. Truist Financial set a $575.00 price objective on Applied Materials in a report on Thursday, May 28th. Raymond James Financial set a $650.00 target price on Applied Materials in a report on Wednesday, June 10th. Cantor Fitzgerald reiterated an “overweight” rating on shares of Applied Materials in a research report on Friday. HC Wainwright set a $850.00 price target on Applied Materials in a report on Monday, June 29th. Finally, Craig Hallum upped their price target on Applied Materials from $530.00 to $585.00 and gave the company a “buy” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $643.50.

Read Our Latest Analysis on AMAT

About Applied Materials

(Free Report)

Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.

Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.