Equitable Holdings Inc. Takes $1.26 Million Position in AMETEK, Inc. $AME

Equitable Holdings Inc. acquired a new position in AMETEK, Inc. (NYSE:AME) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 5,195 shares of the technology company’s stock, valued at approximately $1,257,000.

Several other hedge funds have also recently bought and sold shares of AME. Jefferies Financial Group Inc. acquired a new position in AMETEK during the 2nd quarter valued at about $30,366,000. Public Employees Retirement System of Ohio acquired a new stake in shares of AMETEK in the second quarter valued at approximately $26,506,000. MASTERINVEST Kapitalanlage GmbH acquired a new stake in shares of AMETEK in the second quarter valued at approximately $449,000. Proficio Capital Partners LLC bought a new stake in shares of AMETEK during the second quarter valued at approximately $399,000. Finally, Transamerica Financial Advisors LLC acquired a new position in shares of AMETEK during the second quarter worth approximately $81,000. 87.43% of the stock is currently owned by institutional investors.

Insider Buying and Selling at AMETEK

In related 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 value of $1,678,432.00. Following the transaction, 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.54% of the stock is owned by company insiders.

Analysts Set New Price Targets

AME has been the subject of a number of recent analyst reports. Mizuho set a $270.00 price objective on AMETEK in a report on Friday, May 1st. Royal Bank Of Canada boosted their price target on AMETEK from $260.00 to $291.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. TD Cowen reissued a “buy” rating on shares of AMETEK in a report on Thursday, August 6th. BNP Paribas Exane lifted their price objective on shares of AMETEK from $270.00 to $280.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $266.80.

AMETEK Trading Down 2.9%

AMETEK stock opened at $236.66 on Friday. The firm has a market cap of $54.24 billion, a price-to-earnings ratio of 34.60, a price-to-earnings-growth ratio of 3.11 and a beta of 0.98. AMETEK, Inc. has a 1 year low of $179.24 and a 1 year high of $261.16. The firm’s 50 day moving average price is $241.73 and its two-hundred day moving average price is $232.42. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21.

AMETEK (NYSE:AME) last announced its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, beating analysts’ consensus estimates of $1.99 by $0.10. The company had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The company’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter 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. On average, research analysts predict that AMETEK, Inc. will post 8.33 EPS for the current fiscal year.

AMETEK Announces Dividend

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

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.