K.J. Harrison & Partners Inc Buys Shares of 4,475 AMETEK, Inc. $AME

K.J. Harrison & Partners Inc purchased a new position in shares of AMETEK, Inc. (NYSE:AME) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 4,475 shares of the technology company’s stock, valued at approximately $1,083,000.

Other institutional investors have also added to or reduced their stakes in the company. Florida Financial Advisors LLC lifted its stake in shares of AMETEK by 2.2% during the 4th quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company’s stock valued at $406,000 after buying an additional 43 shares in the last quarter. Plato Investment Management Ltd boosted its holdings in shares of AMETEK by 0.4% in the fourth quarter. Plato Investment Management Ltd now owns 10,751 shares of the technology company’s stock worth $2,218,000 after acquiring an additional 47 shares during the period. Allegiance Financial Group Advisory Services LLC grew its position in shares of AMETEK by 4.0% in the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 1,254 shares of the technology company’s stock valued at $257,000 after purchasing an additional 48 shares in the last quarter. Washington Trust Advisors Inc. lifted its holdings in AMETEK by 6.2% during the 4th quarter. Washington Trust Advisors Inc. now owns 850 shares of the technology company’s stock worth $175,000 after purchasing an additional 50 shares in the last quarter. Finally, Root Financial Partners LLC grew its holdings in AMETEK by 18.3% during the 1st 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 in the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at AMETEK

In other news, insider David F. Hermance sold 6,608 shares of the business’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 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 legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.54% of the company’s stock.

AMETEK Stock Performance

NYSE:AME opened at $254.81 on Tuesday. AMETEK, Inc. has a 1-year low of $179.24 and a 1-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 business has a 50 day moving average of $239.55 and a 200 day moving average of $231.51. The company has a market capitalization of $58.40 billion, a price-to-earnings ratio of 37.25, a PEG ratio of 3.26 and a beta of 0.98.

AMETEK (NYSE:AME) last announced its quarterly earnings data 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. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The firm had revenue of $2.04 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same period in the previous year, the business posted $1.78 EPS. The business’s quarterly revenue was up 15.0% on a year-over-year basis. 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 8.33 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders 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 0.5%. The ex-dividend date is Tuesday, September 15th. AMETEK’s dividend payout ratio is presently 19.88%.

Wall Street Analysts Forecast Growth

AME has been the topic of a number of analyst reports. Robert W. Baird set a $275.00 target price on shares of AMETEK in a report on Wednesday, August 5th. KeyCorp raised their price target on AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Rothschild & Co Redburn set a $265.00 target price on shares of AMETEK in a research note on Thursday, June 18th. Barclays raised their price objective on shares of AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Finally, BNP Paribas Exane lifted their price objective on shares of AMETEK from $270.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, AMETEK currently has an average rating of “Moderate Buy” and a consensus target price of $266.80.

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.