National Pension Service raised its position in shares of AMETEK, Inc. (NYSE:AME – Free Report) by 1.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 338,990 shares of the technology company’s stock after acquiring an additional 5,382 shares during the period. National Pension Service’s holdings in AMETEK were worth $82,015,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in the company. Florida Financial Advisors LLC boosted its position in shares of AMETEK by 2.2% during the fourth quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company’s stock valued at $406,000 after purchasing an additional 43 shares in the last quarter. Root Financial Partners LLC lifted its position in AMETEK by 18.3% during the first quarter. Root Financial Partners LLC now owns 323 shares of the technology company’s stock valued at $69,000 after buying an additional 50 shares during the period. ICW Investment Advisors LLC boosted its holdings in shares of AMETEK by 0.7% during the 4th quarter. ICW Investment Advisors LLC now owns 7,831 shares of the technology company’s stock valued at $1,608,000 after buying an additional 51 shares in the last quarter. FUKOKU MUTUAL LIFE INSURANCE Co boosted its holdings in shares of AMETEK by 4.6% during the 4th quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 1,158 shares of the technology company’s stock valued at $238,000 after buying an additional 51 shares in the last quarter. Finally, Sivia Capital Partners LLC grew its position in shares of AMETEK by 2.5% in the 4th quarter. Sivia Capital Partners LLC now owns 2,070 shares of the technology company’s stock worth $425,000 after buying an additional 51 shares during the period. Institutional investors own 87.43% of the company’s stock.
Analyst Ratings Changes
A number of research analysts recently issued reports on AME shares. Royal Bank Of Canada lifted their price target on shares of AMETEK from $260.00 to $291.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. DA Davidson raised their target price on shares of AMETEK from $265.00 to $285.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Vertical Research initiated coverage on shares of AMETEK in a report on Tuesday. They set a “buy” rating and a $255.00 target price for the company. BNP Paribas Exane boosted their price target on AMETEK from $280.00 to $290.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Truist Financial upped their price target on AMETEK from $303.00 to $316.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $266.69.
AMETEK Trading Up 3.3%
AMETEK stock opened at $241.97 on Friday. AMETEK, Inc. has a one year low of $179.24 and a one year high of $261.16. The business’s fifty day moving average is $241.42 and its 200 day moving average is $232.68. The stock has a market capitalization of $55.46 billion, a PE ratio of 35.38, a price-to-earnings-growth ratio of 3.00 and a beta of 0.99. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 0.76.
AMETEK (NYSE:AME – Get Free Report) last issued its earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.99 by $0.10. The business had revenue of $2.04 billion during the quarter, compared to analyst estimates of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.AMETEK’s revenue was up 15.0% on a year-over-year basis. During the same quarter in the previous 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, sell-side analysts predict that AMETEK, Inc. will post 8.32 EPS for the current year.
AMETEK Dividend Announcement
The business also recently disclosed 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. The ex-dividend date 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 19.88%.
Insider Transactions at AMETEK
In other AMETEK news, insider David Hermance sold 6,608 shares of AMETEK 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 of the company’s stock, valued at approximately $10,797,286. The trade was a 13.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.54% of the company’s stock.
AMETEK Profile
AMETEK, Inc (NYSE: AME) is a diversified manufacturer of industrial technology products and solutions. The company develops equipment used to monitor, measure, test, control and analyze processes across a range of industrial and commercial applications.
AMETEK operates through two primary business groups: Electronic Instruments, which provides analytical, monitoring, testing and measurement equipment; and Electromechanical, which supplies automation systems, motors, power systems, aerospace and defense products, engineered materials and other specialized components.
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