7,778 Shares in AMETEK, Inc. $AME Purchased by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC purchased a new stake in AMETEK, Inc. (NYSE:AME) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 7,778 shares of the technology company’s stock, valued at approximately $1,882,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in AMETEK by 6.2% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 487,238 shares of the technology company’s stock worth $101,901,000 after purchasing an additional 28,621 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in AMETEK during the fourth quarter valued at approximately $1,027,000. Fifth Third Bancorp lifted its position in AMETEK by 1,060.3% during the first quarter. Fifth Third Bancorp now owns 82,948 shares of the technology company’s stock valued at $17,781,000 after buying an additional 75,799 shares in the last quarter. Wescott Financial Advisory Group LLC purchased a new stake in AMETEK during the fourth quarter worth approximately $1,122,000. Finally, Investment Management Corp VA ADV acquired a new stake in shares of AMETEK in the fourth quarter worth $496,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

Wall Street Analysts Forecast Growth

AME has been the topic of several recent research reports. Citigroup lifted their target price on shares of AMETEK from $257.00 to $261.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Robert W. Baird set a $275.00 price target on AMETEK in a report on Wednesday, August 5th. DA Davidson raised their price objective on AMETEK from $265.00 to $285.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Rothschild & Co Redburn set a $265.00 target price on AMETEK in a research report on Thursday, June 18th. Finally, Weiss Ratings upgraded AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $266.80.

AMETEK Stock Performance

Shares of AME stock opened at $254.81 on Tuesday. The company’s fifty day moving average price is $239.55 and its two-hundred day moving average price is $231.51. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 0.76. The firm has a market capitalization of $58.40 billion, a P/E ratio of 37.25, a P/E/G ratio of 3.26 and a beta of 0.98. 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, 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 for the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter in the previous year, the firm posted $1.78 earnings per share. The company’s 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, research analysts anticipate that AMETEK, Inc. will post 8.33 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

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

Insider Buying and Selling at AMETEK

In other news, insider David F. 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 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.54% of the company’s stock.

AMETEK Company Profile

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.