Jefferies Financial Group Inc. purchased a new stake in AMETEK, Inc. (NYSE:AME – Free Report) during the second quarter, Holdings Channel reports. The fund purchased 125,512 shares of the technology company’s stock, valued at approximately $30,366,000.
Other large investors have also recently made changes to their positions in the company. Public Employees Retirement System of Ohio acquired a new stake in AMETEK in the 2nd quarter valued at approximately $26,506,000. MASTERINVEST Kapitalanlage GmbH acquired a new position in AMETEK during the second quarter worth $449,000. Proficio Capital Partners LLC purchased a new position in shares of AMETEK during the second quarter worth $399,000. Transamerica Financial Advisors LLC acquired a new stake in shares of AMETEK in the second quarter valued at $81,000. Finally, Corient Private Wealth LP purchased a new stake in shares of AMETEK in the 2nd quarter valued at $24,250,000. 87.43% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research firms recently issued reports on AME. Citigroup increased their target price on AMETEK from $257.00 to $261.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Seaport Research Partners reiterated a “buy” rating and set a $290.00 price target on shares of AMETEK in a research note on Wednesday, August 5th. Wall Street Zen cut shares of AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. 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 report on Wednesday, August 5th. Finally, Royal Bank Of Canada increased their target price on shares of AMETEK from $260.00 to $291.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. One 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 data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $266.80.
Insider Activity 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 transaction of $1,678,432.00. Following the sale, the insider directly owned 42,509 shares in the company, valued at $10,797,286. This trade represents a 13.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.54% of the stock is owned by company insiders.
AMETEK Stock Performance
Shares of AME opened at $243.18 on Friday. AMETEK, Inc. has a 1 year low of $179.24 and a 1 year high of $261.16. The stock has a market capitalization of $55.74 billion, a PE ratio of 35.55, a PEG ratio of 3.13 and a beta of 0.98. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21. The stock has a 50-day simple moving average of $241.74 and a 200-day simple moving average of $232.39.
AMETEK (NYSE:AME – Get Free Report) last released 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 firm had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The business’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.78 earnings per share. 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, analysts predict that AMETEK, Inc. will post 8.33 earnings per share for the current fiscal year.
AMETEK Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, September 15th. AMETEK’s dividend payout ratio is currently 19.88%.
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.
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