Riversedge Advisors LLC boosted its holdings in AMETEK, Inc. (NYSE:AME – Free Report) by 154.1% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,315 shares of the technology company’s stock after acquiring an additional 3,223 shares during the period. Riversedge Advisors LLC’s holdings in AMETEK were worth $1,317,000 at the end of the most recent quarter.
Several other institutional investors also recently made changes to their positions in AME. BlackRock Inc. bought a new stake in shares of AMETEK in the 2nd quarter worth approximately $4,725,928,000. Wellington Management Group LLP grew its stake in AMETEK by 7.0% during the 2nd quarter. Wellington Management Group LLP now owns 2,994,077 shares of the technology company’s stock worth $724,387,000 after buying an additional 196,986 shares during the last quarter. Flossbach Von Storch SE acquired a new stake in AMETEK in the second quarter worth $662,352,000. Bank of New York Mellon Corp bought a new stake in AMETEK in the second quarter valued at $624,725,000. Finally, Dimensional Fund Advisors LP lifted its stake in AMETEK by 1.4% in the first quarter. Dimensional Fund Advisors LP now owns 2,075,229 shares of the technology company’s stock valued at $444,788,000 after buying an additional 29,001 shares during the last quarter. 87.43% of the stock is owned by institutional investors.
Insiders Place Their Bets
In related news, insider David Hermance sold 6,608 shares of AMETEK stock in a transaction dated 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 directly 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Check Out Our Latest Analysis on AMETEK
Trending Headlines about AMETEK
Here are the key news stories impacting AMETEK this week:
- Positive Sentiment: Morgan Stanley raised its price target to $275 from $245, implying additional upside from recent trading levels and reinforcing the bullish view on AMETEK’s earnings outlook. Morgan Stanley Adjusts Price Target on AMETEK to $275 From $245
- Positive Sentiment: Zacks Research upgraded AMETEK from “Hold” to “Strong-Buy,” improving the stock’s near-term analyst sentiment. AMETEK Upgraded to Strong-Buy at Zacks Research
- Positive Sentiment: Zacks raised EPS estimates across 2026-2028, including FY2026 to $8.40 from $8.27, FY2027 to $9.58 from $8.74, and FY2028 to $10.66 from $9.33. The revisions suggest stronger expected earnings growth and support the higher valuation, while Zacks maintained its “Strong-Buy” rating.
- Positive Sentiment: AMETEK may beat estimates again in its upcoming report. Zacks cited the company’s history of earnings surprises and a favorable combination of indicators supporting the possibility of another beat. The company’s latest reported quarter also exceeded expectations, with revenue up 15% year over year. Why AMETEK Could Beat Earnings Estimates Again
- Neutral Sentiment: At approximately 36 times earnings, AMETEK is priced for continued execution. Its shares are near the 52-week high, so further gains may depend on the company converting the stronger forecasts into actual results; the modest premarket weakness was not supported by a major negative fundamental announcement.
AMETEK Price Performance
AMETEK stock traded up $1.38 during trading hours on Friday, hitting $248.90. 250,031 shares of the company traded hands, compared to its average volume of 1,302,952. AMETEK, Inc. has a 1-year low of $179.24 and a 1-year high of $261.16. The firm has a market cap of $57.05 billion, a P/E ratio of 36.39, a P/E/G ratio of 2.35 and a beta of 0.96. The firm’s 50-day simple moving average is $244.70 and its two-hundred day simple moving average is $235.40. 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 – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.99 by $0.10. The company 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 business’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same period in the prior year, the business posted $1.78 EPS. 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, analysts forecast that AMETEK, Inc. will post 8.42 earnings per share for the current fiscal year.
AMETEK Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued a $0.34 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.5%. AMETEK’s dividend payout ratio is 19.88%.
AMETEK Profile
AMETEK, Inc (NYSE: AME) is a global manufacturer of industrial technology products. The company develops and produces electronic instruments and electromechanical devices used in process, industrial, aerospace, power, energy, and other specialized markets.
AMETEK’s Electronic Instruments segment supplies products such as process and analytical instruments, measurement and testing equipment, power-quality monitoring systems, automation and control solutions, and equipment for aerospace and defense applications.
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