6,358 Shares in AMETEK, Inc. $AME Acquired by JSF Financial LLC

JSF Financial LLC acquired a new position in AMETEK, Inc. (NYSE:AME – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,358 shares of the technology company’s stock, valued at approximately $1,575,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AME. BlackRock Inc. bought a new stake in AMETEK in the second quarter worth approximately $4,725,928,000. Wellington Management Group LLP increased its stake in shares of 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 purchasing an additional 196,986 shares during the last quarter. Flossbach Von Storch SE bought a new position in shares of AMETEK during the 2nd quarter valued at $662,352,000. Bank of New York Mellon Corp bought a new position in shares of AMETEK during the 2nd quarter valued at $624,725,000. Finally, Dimensional Fund Advisors LP raised its holdings in shares of AMETEK by 1.4% during 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 purchasing an additional 29,001 shares in the last quarter. Institutional investors own 87.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. DA Davidson set a $285.00 price objective on shares of AMETEK in a research note on Wednesday, October 7th. Weiss Ratings raised shares of AMETEK from a “buy (b)” rating to a “buy (b+)” rating in a research report on Thursday, October 8th. BMO Capital Markets raised their target price on AMETEK from $262.00 to $282.00 in a report on Wednesday, August 5th. KeyCorp raised their target price on AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Finally, Robert W. Baird boosted their price target on AMETEK from $275.00 to $280.00 and gave the stock a “neutral” rating in a research report on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat, AMETEK currently has an average rating of “Moderate Buy” and a consensus price target of $274.41.

Check Out Our Latest Research Report on AMETEK

Insider Buying and Selling

In related news, insider David Hermance sold 6,608 shares of AMETEK stock in a transaction on Friday, August 7th. The shares were 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 in the company, valued at $10,797,286. This trade represents a 13.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.54% of the stock is owned by company insiders.

AMETEK Trading Down 4.7%

Shares of AME stock opened at $238.58 on Friday. AMETEK, Inc. has a 12 month low of $182.87 and a 12 month high of $261.16. The company has a quick ratio of 0.76, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. The business’s 50 day moving average is $243.76 and its two-hundred day moving average is $237.75. The company has a market cap of $54.68 billion, a PE ratio of 34.88, a price-to-earnings-growth ratio of 2.37 and a beta of 0.96.

AMETEK (NYSE:AME – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, beating analysts’ consensus estimates of $1.99 by $0.10. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The company had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same quarter last year, the firm posted $1.78 earnings per share. The company’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. Equities analysts predict that AMETEK, Inc. will post 8.41 EPS for the current year.

AMETEK Dividend Announcement

The company also recently announced 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 annualized dividend and a yield of 0.6%. The ex-dividend date was Tuesday, September 15th. AMETEK’s dividend payout ratio (DPR) is 19.88%.

AMETEK Company Profile

(Free Report)

AMETEK, Inc is a global manufacturer of industrial technology solutions. The company develops and produces advanced analytical, monitoring, testing, and measurement instruments, as well as engineered electromechanical products used in industrial, aerospace, defense, energy, medical, and other specialized markets.

AMETEK operates through two primary business groups: Electronic Instruments and Electromechanical. Its products include process and power monitoring systems, analytical instruments, automation and control technologies, aerospace and defense equipment, precision motion-control systems, motors, thermal-management solutions, engineered materials, and specialty metal products.

The company traces its roots to 1930 and has expanded through the development and acquisition of specialized technology businesses.

Further Reading

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Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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