AMETEK, Inc. $AME Holdings Increased by Mather Group LLC.

Mather Group LLC. increased its stake in AMETEK, Inc. (NYSE:AME – Free Report) by 231.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,938 shares of the technology company’s stock after acquiring an additional 3,450 shares during the period. Mather Group LLC.’s holdings in AMETEK were worth $1,223,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in AMETEK during the 2nd quarter worth about $4,725,928,000. Wellington Management Group LLP raised its position in AMETEK by 7.0% in the 2nd quarter. Wellington Management Group LLP now owns 2,994,077 shares of the technology company’s stock valued at $724,387,000 after purchasing an additional 196,986 shares in the last quarter. Flossbach Von Storch SE purchased a new position in shares of AMETEK in the 2nd quarter valued at about $662,352,000. Bank of New York Mellon Corp purchased a new position in shares of AMETEK in the 2nd quarter valued at about $624,725,000. Finally, Dimensional Fund Advisors LP grew its position in shares of AMETEK by 1.4% during the first quarter. Dimensional Fund Advisors LP now owns 2,075,229 shares of the technology company’s stock worth $444,788,000 after buying an additional 29,001 shares in the last quarter. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other AMETEK news, insider David Hermance sold 6,608 shares of the firm’s stock in a transaction that occurred on 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 sale, the insider owned 42,509 shares of the company’s stock, valued at approximately $10,797,286. This trade represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.54% of the stock is owned by corporate insiders.

AMETEK Stock Down 0.2%

NYSE AME traded down $0.61 during trading on Friday, reaching $247.91. 1,568,726 shares of the company’s stock were exchanged, compared to its average volume of 1,363,665. The stock has a market cap of $56.82 billion, a P/E ratio of 36.24, a price-to-earnings-growth ratio of 2.35 and a beta of 0.96. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21. The company has a 50 day moving average price of $244.55 and a two-hundred day moving average price of $236.74. AMETEK, Inc. has a 1 year low of $182.87 and a 1 year high of $261.16.

AMETEK (NYSE:AME – Get Free Report) last released its quarterly earnings data 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. AMETEK had a return on equity of 16.93% and a net margin of 20.04%. The business had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same period in the prior year, the firm posted $1.78 EPS. The business’s quarterly revenue 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. On average, equities research analysts anticipate that AMETEK, Inc. will post 8.41 EPS for the current fiscal year.

AMETEK Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on AME shares. TD Cowen restated a “buy” rating on shares of AMETEK in a research note on Thursday, August 6th. Rothschild & Co Redburn raised their target price on shares of AMETEK from $265.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Truist Financial lifted their price target on shares of AMETEK from $303.00 to $316.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Weiss Ratings upgraded shares of AMETEK from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday, October 8th. Finally, Morgan Stanley set a $275.00 price target on shares of AMETEK in a report on Friday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, AMETEK has an average rating of “Moderate Buy” and a consensus price target of $274.41.

Read Our Latest Stock Report on AMETEK

AMETEK Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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