Insider Selling: AMETEK (NYSE:AME) Insider Sells $1,678,432.00 in Stock

AMETEK, Inc. (NYSE:AME) insider David Hermance sold 6,608 shares of the company’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 value of $1,678,432.00. Following the completion of the sale, the insider owned 42,509 shares in the company, valued at $10,797,286. This represents a 13.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

AMETEK Stock Performance

Shares of NYSE AME opened at $258.58 on Thursday. The company has a current ratio of 1.21, a quick ratio of 0.76 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 $259.99. The stock has a 50 day moving average of $237.86 and a 200-day moving average of $230.77. The company has a market capitalization of $59.27 billion, a P/E ratio of 37.80, a P/E/G ratio of 3.27 and a beta of 0.98.

AMETEK (NYSE:AME) last posted its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter in the prior year, the business earned $1.78 EPS. The firm’s revenue for the quarter was up 15.0% on a year-over-year basis. 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, equities research analysts predict that AMETEK, Inc. will post 8.33 EPS for the current year.

AMETEK Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a $0.34 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.5%. AMETEK’s dividend payout ratio is presently 19.88%.

Institutional Investors Weigh In On AMETEK

Institutional investors have recently made changes to their positions in the stock. Florida Financial Advisors LLC boosted its position in shares of AMETEK by 2.2% during the 4th quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company’s stock worth $406,000 after acquiring an additional 43 shares in the last quarter. Plato Investment Management Ltd raised its position in AMETEK by 0.4% during the fourth quarter. Plato Investment Management Ltd now owns 10,751 shares of the technology company’s stock valued at $2,218,000 after purchasing an additional 47 shares in the last quarter. Allegiance Financial Group Advisory Services LLC lifted its stake in AMETEK by 4.0% during the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 1,254 shares of the technology company’s stock worth $257,000 after purchasing an additional 48 shares during the last quarter. Washington Trust Advisors Inc. lifted its stake in AMETEK by 6.2% during the fourth quarter. Washington Trust Advisors Inc. now owns 850 shares of the technology company’s stock worth $175,000 after purchasing an additional 50 shares during the last quarter. Finally, Root Financial Partners LLC boosted its holdings in shares of AMETEK by 18.3% in the 1st quarter. Root Financial Partners LLC now owns 323 shares of the technology company’s stock valued at $69,000 after purchasing an additional 50 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

AME has been the topic of several research analyst reports. Seaport Research Partners reissued a “buy” rating and issued a $290.00 price target on shares of AMETEK in a report on Wednesday, August 5th. Mizuho set a $270.00 target price on AMETEK in a research report on Friday, May 1st. Wall Street Zen lowered AMETEK from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. KeyCorp lifted their price target on AMETEK from $260.00 to $295.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Finally, DA Davidson boosted their price target on AMETEK from $265.00 to $285.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $266.80.

About AMETEK

AMETEK, Inc is a global manufacturer of electronic instruments and electromechanical devices that serves a broad range of industries. Headquartered in Berwyn, Pennsylvania, the company designs and produces precision instruments, electronic measurement devices, specialty sensors, and electric motors and motion control systems. Its product portfolio includes analytical and monitoring instruments, calibration equipment, power supplies, embedded electronics, and industrial motors and drives used for critical applications.

The company operates through two primary business platforms — an electronic instruments group focused on analytical, test and measurement and sensor products, and an electromechanical group that supplies motors, actuators, and related power and motion solutions.