AMETEK, Inc. $AME Stock Purchased by Vontobel Holding Ltd.

Vontobel Holding Ltd. lifted its stake in shares of AMETEK, Inc. (NYSE:AME) by 7,225.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 402,817 shares of the technology company’s stock after acquiring an additional 397,318 shares during the period. Vontobel Holding Ltd.’s holdings in AMETEK were worth $107,523,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of AME. BlackRock Inc. bought a new stake in shares of AMETEK in the 2nd quarter valued at about $4,725,928,000. Flossbach Von Storch SE bought a new stake in shares of AMETEK in the 2nd quarter worth approximately $662,352,000. Bank of New York Mellon Corp purchased a new position in shares of AMETEK during the second quarter valued at approximately $624,725,000. Bank of America Corp DE purchased a new position in shares of AMETEK during the second quarter valued at approximately $391,801,000. Finally, Man Group plc bought a new position in shares of AMETEK during the second quarter valued at approximately $356,499,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on AME shares. BNP Paribas Exane lifted their price target on shares of AMETEK from $280.00 to $290.00 and gave the company an “outperform” rating in a report on Friday, September 11th. Robert W. Baird lifted their target price on shares of AMETEK from $275.00 to $280.00 and gave the company a “neutral” rating in a research note on Monday, October 5th. Morgan Stanley set a $275.00 price target on shares of AMETEK in a research report on Friday, October 9th. TD Cowen reissued a “buy” rating on shares of AMETEK in a research note on Thursday, August 6th. Finally, Citigroup increased their price target on shares of AMETEK from $261.00 to $263.00 and gave the stock a “neutral” rating in a research note on Monday, October 12th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, AMETEK presently has a consensus rating of “Moderate Buy” and an average price target of $274.41.

Insider Buying and Selling at AMETEK

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 completion of the transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.54% of the company’s stock.

AMETEK Stock Down 0.2%

AMETEK stock traded down $0.61 on Friday, hitting $247.91. 1,568,726 shares of the stock traded hands, compared to its average volume of 1,363,665. The company has a current ratio of 1.21, a quick ratio of 0.76 and a debt-to-equity ratio of 0.09. The firm 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 business’s fifty day simple moving average is $244.55 and its 200 day simple moving average is $236.74. AMETEK, Inc. has a 1 year low of $182.87 and a 1 year high of $261.16.

AMETEK (NYSE:AME) last released its 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 firm had revenue of $2.04 billion for 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%. The company’s revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $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, sell-side analysts forecast that AMETEK, Inc. will post 8.41 earnings per share for the current year.

AMETEK Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders 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 was Tuesday, September 15th. AMETEK’s dividend payout ratio is 19.88%.

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.