Gallagher Fiduciary Advisors LLC Invests $517,000 in AMETEK, Inc. $AME

Gallagher Fiduciary Advisors LLC acquired a new stake in AMETEK, Inc. (NYSE:AME) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 2,136 shares of the technology company’s stock, valued at approximately $517,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Odyssean LLC increased its holdings in AMETEK by 276.3% during the 2nd quarter. Odyssean LLC now owns 8,677 shares of the technology company’s stock worth $2,099,000 after purchasing an additional 6,371 shares during the period. Man Group plc acquired a new position in shares of AMETEK during the second quarter worth about $356,499,000. Jupiter Topco LLC purchased a new stake in shares of AMETEK during the second quarter worth approximately $66,346,000. Hsbc Holdings PLC purchased a new stake in shares of AMETEK during the second quarter worth approximately $302,345,000. Finally, EFG International AG acquired a new stake in AMETEK in the second quarter valued at approximately $583,000. 87.43% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other AMETEK news, insider David F. Hermance sold 6,608 shares of AMETEK stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $254.00, for a total transaction of $1,678,432.00. Following the transaction, the insider owned 42,509 shares of the company’s stock, valued at $10,797,286. The trade was a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.54% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have commented on the stock. Rothschild & Co Redburn set a $265.00 price target on shares of AMETEK in a report on Thursday, June 18th. Royal Bank Of Canada lifted their price objective 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. Seaport Research Partners reissued a “buy” rating and issued a $290.00 target price on shares of AMETEK in a report on Wednesday, August 5th. Barclays lifted their price target on AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Finally, DA Davidson increased their price objective on AMETEK from $265.00 to $285.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. One 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. Based on data from MarketBeat, AMETEK presently has a consensus rating of “Moderate Buy” and a consensus price target of $266.80.

AMETEK Price Performance

Shares of NYSE:AME opened at $241.83 on Wednesday. AMETEK, Inc. has a 12 month low of $179.24 and a 12 month high of $261.16. The firm has a market capitalization of $55.43 billion, a P/E ratio of 35.36, a P/E/G ratio of 3.10 and a beta of 0.98. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 0.76. The company’s fifty day moving average price is $241.33 and its 200 day moving average price is $232.21.

AMETEK (NYSE:AME) last released its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 20.04% and a return on equity of 16.93%. AMETEK’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the firm 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, sell-side analysts predict that AMETEK, Inc. will post 8.33 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors 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 yield of 0.6%. The ex-dividend date is Tuesday, September 15th. AMETEK’s dividend payout ratio (DPR) is currently 19.88%.

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.