4,475 Shares in AMETEK, Inc. $AME Acquired by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc purchased a new stake in AMETEK, Inc. (NYSE:AME) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 4,475 shares of the technology company’s stock, valued at approximately $1,083,000.

Other large investors also recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of AMETEK by 6.2% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 487,238 shares of the technology company’s stock worth $101,901,000 after purchasing an additional 28,621 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in AMETEK in the 4th quarter valued at about $1,027,000. Fifth Third Bancorp raised its stake in AMETEK by 1,060.3% during the 1st quarter. Fifth Third Bancorp now owns 82,948 shares of the technology company’s stock worth $17,781,000 after buying an additional 75,799 shares during the period. Wescott Financial Advisory Group LLC bought a new position in AMETEK in the fourth quarter worth approximately $1,122,000. Finally, Pictet Asset Management Holding SA grew its stake in AMETEK by 7.3% in the fourth quarter. Pictet Asset Management Holding SA now owns 120,201 shares of the technology company’s stock valued at $24,678,000 after acquiring an additional 8,131 shares during the period. Institutional investors and hedge funds own 87.43% of the company’s stock.

AMETEK Price Performance

AMETEK stock opened at $254.81 on Tuesday. AMETEK, Inc. has a 52 week low of $179.24 and a 52 week high of $261.16. The company’s 50 day moving average price is $239.55 and its two-hundred day moving average price is $231.51. The stock has a market cap of $58.40 billion, a P/E ratio of 37.25, a P/E/G ratio of 3.26 and a beta of 0.98. The company has a quick ratio of 0.76, a current ratio of 1.21 and a debt-to-equity ratio of 0.09.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, beating analysts’ consensus estimates of $1.99 by $0.10. The company had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.AMETEK’s revenue was up 15.0% on a year-over-year basis. During the same period last year, the business posted $1.78 earnings per share. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. On average, equities analysts predict that AMETEK, Inc. will post 8.33 earnings per share for the current year.

AMETEK Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Tuesday, September 15th. AMETEK’s payout ratio is presently 19.88%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on AME shares. Mizuho set a $270.00 target price on AMETEK in a report on Friday, May 1st. Truist Financial lifted their price objective on shares of AMETEK from $303.00 to $316.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Wall Street Zen lowered shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Robert W. Baird set a $275.00 price target on AMETEK in a research note on Wednesday, August 5th. Finally, TD Cowen reissued a “buy” rating on shares of AMETEK in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, AMETEK has a consensus rating of “Moderate Buy” and a consensus target price of $266.80.

Insider Buying and Selling at AMETEK

In related news, insider David F. Hermance sold 6,608 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $254.00, for a total transaction of $1,678,432.00. Following the completion of the transaction, the insider owned 42,509 shares in the company, valued at approximately $10,797,286. This represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.54% of the company’s stock.

AMETEK Profile

AMETEK, Inc is a global manufacturer of electronic instruments and electromechanical devices that serves a broad range of industries. Headquartered in Berwyn, Pennsylvania, the company designs and produces precision instruments, electronic measurement devices, specialty sensors, and electric motors and motion control systems. Its product portfolio includes analytical and monitoring instruments, calibration equipment, power supplies, embedded electronics, and industrial motors and drives used for critical applications.

The company operates through two primary business platforms — an electronic instruments group focused on analytical, test and measurement and sensor products, and an electromechanical group that supplies motors, actuators, and related power and motion solutions.