AMETEK, Inc. $AME Stock Purchased by RFG Bristol Wealth Advisors LLC

RFG Bristol Wealth Advisors LLC boosted its position in AMETEK, Inc. (NYSE:AME) by 78.2% in the 3rd quarter, Holdings Channel reports. The firm owned 10,277 shares of the technology company’s stock after acquiring an additional 4,509 shares during the quarter. RFG Bristol Wealth Advisors LLC’s holdings in AMETEK were worth $2,546,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AME. BlackRock Inc. acquired a new stake in shares of AMETEK in the second quarter valued at about $4,725,928,000. Wellington Management Group LLP boosted its position in AMETEK by 7.0% during the second quarter. Wellington Management Group LLP now owns 2,994,077 shares of the technology company’s stock worth $724,387,000 after acquiring an additional 196,986 shares during the last quarter. Flossbach Von Storch SE acquired a new position in AMETEK during the second quarter worth about $662,352,000. Bank of New York Mellon Corp purchased a new stake in AMETEK during the 2nd quarter valued at about $624,725,000. Finally, Dimensional Fund Advisors LP raised its holdings in AMETEK by 1.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,075,229 shares of the technology company’s stock valued at $444,788,000 after acquiring an additional 29,001 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

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 signaling increased confidence in AMETEK’s outlook. Morgan Stanley Adjusts Price Target on AMETEK to $275 From $245
• Positive Sentiment: Zacks Research upgraded AMETEK from Hold to Strong Buy and raised its estimates across multiple periods. Its forecasts increased to $8.40 EPS for fiscal 2026, $9.58 for fiscal 2027, and $10.66 for fiscal 2028, compared with previous estimates of $8.27, $8.74, and $9.33, respectively. AMETEK Upgraded to Strong-Buy at Zacks Research
• Positive Sentiment: Zacks also lifted quarterly EPS estimates, including Q3 2026 to $2.11 from $2.08, Q4 2026 to $2.23 from $2.13, Q1 2027 to $2.23 from $2.09, and Q3 2027 to $2.46 from $2.19. The increases suggest improving expectations for near- and longer-term operating performance.
• Positive Sentiment: A Zacks analysis identified AMETEK’s strong earnings-surprise history and favorable setup for another quarterly beat, potentially supporting investor optimism ahead of the next report. Why AMETEK Could Beat Earnings Estimates Again
• Neutral Sentiment: AMETEK is trading near its 12-month high and at roughly 36 times earnings, so the positive analyst revisions may already be partly reflected in the valuation. Continued upside could depend on the company meeting or exceeding its current guidance and consensus expectations.

Insider Activity at AMETEK

In other news, insider David 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 transaction, the insider owned 42,509 shares of the company’s stock, valued at $10,797,286. This represents a 13.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.54% of the stock is currently owned by company insiders.

AMETEK Trading Up 0.4%

Shares of AMETEK stock traded up $1.03 during mid-day trading on Friday, hitting $248.55. The stock had a trading volume of 854,341 shares, compared to its average volume of 1,306,110. The firm has a 50-day moving average of $244.83 and a two-hundred day moving average of $235.49. The firm has a market cap of $56.97 billion, a P/E ratio of 36.34, a price-to-earnings-growth ratio of 2.35 and a beta of 0.96. 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, Inc. has a 12-month low of $179.24 and a 12-month high of $261.16.

AMETEK (NYSE:AME) last released its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, beating the consensus estimate of $1.99 by $0.10. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The firm had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same quarter in the previous year, the company earned $1.78 EPS. The business’s revenue for the quarter was up 15.0% compared to the same quarter last year. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. Sell-side analysts forecast that AMETEK, Inc. will post 8.42 earnings per share for the current year.

AMETEK Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a $0.34 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $1.36 dividend on an annualized basis and a yield of 0.5%. AMETEK’s payout ratio is currently 19.88%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on AME shares. BNP Paribas Exane raised their target price on shares of AMETEK from $280.00 to $290.00 and gave the stock an “outperform” rating in a research note on Friday, September 11th. Citigroup upped their price target on AMETEK from $257.00 to $261.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Robert W. Baird lifted their price objective on AMETEK from $275.00 to $280.00 and gave the stock a “neutral” rating in a research report on Monday. KeyCorp boosted their price objective on AMETEK from $260.00 to $295.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Finally, TD Cowen restated a “buy” rating on shares of AMETEK in a report on Thursday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $268.88.

About AMETEK

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.