Wealthfront Advisers LLC Invests $8.98 Million in AMETEK, Inc. $AME

Wealthfront Advisers LLC acquired a new stake in shares of AMETEK, Inc. (NYSE:AME) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 37,117 shares of the technology company’s stock, valued at approximately $8,980,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new position in shares of AMETEK in the second quarter worth approximately $4,725,928,000. Norges Bank bought a new stake in shares of AMETEK during the fourth quarter valued at approximately $831,372,000. Bank of New York Mellon Corp bought a new stake in shares of AMETEK during the second quarter valued at approximately $624,725,000. Wellington Management Group LLP raised its holdings in AMETEK by 302.9% in the 4th quarter. Wellington Management Group LLP now owns 2,807,664 shares of the technology company’s stock worth $576,441,000 after acquiring an additional 2,110,818 shares during the last quarter. Finally, Deutsche Bank AG bought a new position in AMETEK in the 2nd quarter valued at approximately $304,603,000. 87.43% of the stock is currently owned by institutional investors.

AMETEK Trading Down 2.6%

NYSE:AME opened at $243.43 on Thursday. The company has a market cap of $55.79 billion, a PE ratio of 35.59, a price-to-earnings-growth ratio of 3.20 and a beta of 0.98. 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 company has a 50 day simple moving average of $240.38 and a two-hundred day simple moving average of $231.82. 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 earnings per share for the quarter, beating the consensus estimate of $1.99 by $0.10. The firm had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.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. Research analysts forecast that AMETEK, Inc. will post 8.32 earnings per share for the current year.

AMETEK Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.34 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. AMETEK’s dividend payout ratio is currently 19.88%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Seaport Research Partners reiterated a “buy” rating and set a $290.00 target price on shares of AMETEK in a research note on Wednesday, August 5th. DA Davidson upped their price target on AMETEK from $265.00 to $285.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Robert W. Baird set a $275.00 price objective on AMETEK in a research report on Wednesday, August 5th. Barclays lifted their price objective on AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Finally, TD Cowen reissued a “buy” rating on shares of AMETEK in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, AMETEK currently has a consensus rating of “Moderate Buy” and a consensus price target of $266.80.

AMETEK News Roundup

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: Broad-based earnings revisions: Zacks raised its estimates for AMETEK’s third-quarter 2026 EPS to $2.08 from $2.00 and full-year 2026 EPS to $8.27 from $8.07. It also increased its FY2027 estimate to $8.74 from $8.47 and FY2028 estimate to $9.33 from $9.10, signaling stronger anticipated operating performance. AMETEK analyst estimates
• Positive Sentiment: Higher quarterly forecasts: Zacks lifted estimates for Q1 2027 EPS to $2.09, Q2 2027 to $2.13, Q3 2027 to $2.19, Q4 2027 to $2.34, Q1 2028 to $2.29 and Q2 2028 to $2.31. The revisions indicate confidence in continued earnings growth following AMETEK’s latest quarterly report, which exceeded revenue and EPS expectations.
• Neutral Sentiment: Limited near-term catalyst: Zacks’ FY2026 EPS forecast of $8.27 remains slightly below the broader consensus of $8.33. With AMETEK valued at a relatively elevated P/E ratio and trading close to its 52-week high, investors may be taking profits despite the improved longer-term outlook.

Insider Transactions at AMETEK

In other AMETEK news, insider David F. Hermance sold 6,608 shares of the firm’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $254.00, for a total value of $1,678,432.00. Following the transaction, the insider directly 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 SEC, which is accessible through this hyperlink. Insiders own 0.54% of the company’s stock.

AMETEK 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.