Silvant Capital Management LLC bought a new position in shares of AMETEK, Inc. (NYSE:AME – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 21,847 shares of the technology company’s stock, valued at approximately $5,286,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. BlackRock Inc. bought a new position in shares of AMETEK in the second quarter worth about $4,725,928,000. Norges Bank acquired a new stake in AMETEK in the 4th quarter valued at approximately $831,372,000. Flossbach Von Storch SE bought a new position in AMETEK in the 2nd quarter worth approximately $662,352,000. Bank of New York Mellon Corp bought a new position in AMETEK in the 2nd quarter worth approximately $624,725,000. Finally, Wellington Management Group LLP lifted its holdings in shares of AMETEK by 302.9% during the fourth quarter. Wellington Management Group LLP now owns 2,807,664 shares of the technology company’s stock worth $576,441,000 after buying an additional 2,110,818 shares during the last quarter. 87.43% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting AMETEK
Here are the key news stories impacting AMETEK this week:
- Positive Sentiment: Broad EPS upgrades: Zacks raised its AMETEK earnings forecasts across multiple periods, including Q3 2026 EPS to $2.08 from $2.00 and full-year 2026 EPS to $8.27 from $8.07. It also increased FY2027 EPS to $8.74 from $8.47 and FY2028 EPS to $9.33 from $9.10. AMETEK earnings estimate revisions
- Positive Sentiment: Improved longer-term outlook: Zacks also lifted estimates for Q1 and Q2 2027, Q3 and Q4 2027, and Q1 and Q2 2028. The revisions imply continued earnings growth and put Zacks’ FY2028 forecast above the current-year consensus estimate of $8.33 per share. AMETEK analyst estimates
- Neutral Sentiment: Limited immediate catalyst: The estimate changes are favorable but relate mainly to future quarters and do not represent a new contract, acquisition, or change to company guidance. Zacks’ FY2026 forecast of $8.27 remains slightly below the broader consensus estimate of $8.33.
- Negative Sentiment: Valuation may be weighing on the shares: AMETEK trades at roughly 35 times earnings and near its 52-week high. That elevated valuation could encourage profit-taking or require stronger near-term results to drive additional upside, potentially explaining the stock’s weakness despite the positive estimate revisions.
AMETEK Price Performance
AMETEK (NYSE:AME – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.99 by $0.10. The firm had revenue of $2.04 billion during the quarter, compared to analyst estimates of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The company’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter in the prior 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. As a group, research analysts expect that AMETEK, Inc. will post 8.32 EPS for the current fiscal year.
AMETEK Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Tuesday, September 15th. AMETEK’s dividend payout ratio (DPR) is 19.88%.
Insider Buying and Selling
In other AMETEK news, insider David F. Hermance sold 6,608 shares of the company’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $254.00, for a total value of $1,678,432.00. Following the sale, the insider directly owned 42,509 shares in the company, valued at $10,797,286. This represents a 13.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.54% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on AME shares. BNP Paribas Exane raised their price objective on shares of AMETEK from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. KeyCorp increased their price target on shares of AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Royal Bank Of Canada raised their price target on shares of AMETEK from $260.00 to $291.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Rothschild & Co Redburn set a $265.00 price objective on shares of AMETEK in a research report on Thursday, June 18th. Finally, Morgan Stanley increased their target price on shares of AMETEK from $235.00 to $245.00 and gave the company an “equal weight” rating in a research note on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $266.80.
Read Our Latest Stock Report on AME
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.
Featured Articles
- Five stocks we like better than AMETEK
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
Want to see what other hedge funds are holding AME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMETEK, Inc. (NYSE:AME – Free Report).
Receive News & Ratings for AMETEK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMETEK and related companies with MarketBeat.com's FREE daily email newsletter.
