476,929 Shares in AMETEK, Inc. $AME Bought by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC bought a new stake in shares of AMETEK, Inc. (NYSE:AME) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 476,929 shares of the technology company’s stock, valued at approximately $115,388,000. AMETEK accounts for about 1.5% of Manning & Napier Advisors LLC’s investment portfolio, making the stock its 22nd largest position.

Several other hedge funds also recently added to or reduced their stakes in AME. BlackRock Inc. purchased a new position in shares of AMETEK during the 2nd quarter valued at about $4,725,928,000. State Street Corp boosted its stake in shares of AMETEK by 2.0% in the fourth quarter. State Street Corp now owns 9,956,361 shares of the technology company’s stock worth $2,044,140,000 after buying an additional 192,677 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of AMETEK by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 5,891,236 shares of the technology company’s stock worth $1,204,722,000 after buying an additional 37,651 shares during the last quarter. Invesco Ltd. grew its holdings in AMETEK by 4.9% during the third quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock worth $839,141,000 after acquiring an additional 209,043 shares during the period. Finally, Norges Bank purchased a new position in AMETEK during the fourth quarter valued at approximately $831,372,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Price Performance

Shares of AMETEK stock opened at $242.30 on Tuesday. The firm has a market cap of $55.53 billion, a PE ratio of 35.42, a P/E/G ratio of 3.06 and a beta of 0.98. AMETEK, Inc. has a twelve month low of $179.24 and a twelve month high of $261.16. The company has a quick ratio of 0.76, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. The business has a 50-day moving average price of $241.14 and a 200 day moving average price of $232.11.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.99 by $0.10. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The company had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the prior year, the business posted $1.78 earnings per share. AMETEK’s revenue for the quarter 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. Sell-side analysts predict that AMETEK, Inc. will post 8.32 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders 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 dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is 19.88%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on AME shares. Truist Financial boosted their price target on AMETEK from $303.00 to $316.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Seaport Research Partners reaffirmed a “buy” rating and set a $290.00 price objective on shares of AMETEK in a research note on Wednesday, August 5th. Wall Street Zen lowered shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Morgan Stanley boosted their target price on shares of AMETEK from $235.00 to $245.00 and gave the company an “equal weight” rating in a research note on Friday, July 10th. Finally, Weiss Ratings raised shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, AMETEK presently has a consensus rating of “Moderate Buy” and an average price target of $266.80.

Insider Transactions at AMETEK

In related news, insider David F. Hermance sold 6,608 shares of AMETEK stock in a transaction 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 sale, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.54% of the company’s stock.

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.