378,476 Shares in AMETEK, Inc. $AME Bought by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board purchased a new stake in AMETEK, Inc. (NYSE:AME) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 378,476 shares of the technology company’s stock, valued at approximately $91,568,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new position in AMETEK in the 2nd quarter valued at about $4,725,928,000. Norges Bank acquired a new position in AMETEK during the fourth quarter valued at approximately $831,372,000. Flossbach Von Storch SE bought a new stake in shares of AMETEK during the 2nd quarter worth $662,352,000. Bank of New York Mellon Corp bought a new position in shares of AMETEK in the second quarter worth about $624,725,000. Finally, Wellington Management Group LLP grew its holdings in shares of AMETEK by 302.9% during the 4th quarter. Wellington Management Group LLP now owns 2,807,664 shares of the technology company’s stock valued at $576,441,000 after purchasing an additional 2,110,818 shares during the last quarter. Institutional investors own 87.43% of the company’s stock.

AMETEK Stock Up 1.5%

NYSE:AME opened at $245.47 on Thursday. AMETEK, Inc. has a one year low of $179.24 and a one year high of $261.16. 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 company has a market cap of $56.26 billion, a PE ratio of 35.89, a P/E/G ratio of 3.09 and a beta of 0.98. The firm’s 50 day simple moving average is $241.62 and its 200 day simple moving average is $232.32.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.99 by $0.10. The firm had revenue of $2.04 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period in the prior year, the company posted $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. On average, research analysts anticipate that AMETEK, Inc. will post 8.33 earnings per share for the current year.

AMETEK Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 15th. AMETEK’s dividend payout ratio (DPR) is currently 19.88%.

Wall Street Analyst Weigh In

AME has been the subject of a number of research analyst reports. Rothschild & Co Redburn set a $265.00 price objective on shares of AMETEK in a research report on Thursday, June 18th. DA Davidson boosted their target price on shares of AMETEK from $265.00 to $285.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Citigroup increased their price target on AMETEK from $257.00 to $261.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Finally, Robert W. Baird set a $275.00 price objective on AMETEK in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $266.80.

Insider Transactions at AMETEK

In other AMETEK news, insider David F. Hermance sold 6,608 shares of AMETEK stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $254.00, for a total transaction 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. The trade was a 13.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.54% of the stock is currently owned by corporate insiders.

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.