JSF Financial LLC Purchases New Holdings in AMETEK, Inc. $AME

JSF Financial LLC purchased a new position in AMETEK, Inc. (NYSE:AME – Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 6,358 shares of the technology company’s stock, valued at approximately $1,575,000.

Other large investors also recently modified their holdings of the company. Frazier Financial Advisors LLC bought a new stake in shares of AMETEK in the second quarter valued at approximately $25,000. Fiduciary Financial Advisors acquired a new stake in shares of AMETEK in the second quarter worth $27,000. Elevation Wealth Partners LLC grew its stake in shares of AMETEK by 239.5% in the second quarter. Elevation Wealth Partners LLC now owns 129 shares of the technology company’s stock worth $31,000 after acquiring an additional 91 shares during the last quarter. Brown Lisle Cummings Inc. increased its position in AMETEK by 878.6% during the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after acquiring an additional 123 shares during the period. Finally, GK Wealth Management LLC bought a new position in AMETEK during the third quarter worth $36,000. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider David Hermance sold 6,608 shares of the company’s stock in a transaction that occurred on 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 sale, the insider directly owned 42,509 shares in the company, valued at approximately $10,797,286. This represents a 13.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.54% of the company’s stock.

AMETEK Price Performance

Shares of NYSE:AME opened at $238.58 on Friday. The firm has a market capitalization of $54.68 billion, a PE ratio of 34.88, a PEG ratio of 2.37 and a beta of 0.96. The company has a current ratio of 1.21, a quick ratio of 0.76 and a debt-to-equity ratio of 0.09. AMETEK, Inc. has a 1-year low of $182.87 and a 1-year high of $261.16. The business’s 50 day moving average is $243.76 and its 200-day moving average is $237.75.

AMETEK (NYSE:AME – Get Free Report) last issued its earnings results 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 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 period in the prior year, the company posted $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. Sell-side analysts predict that AMETEK, Inc. will post 8.41 earnings per share for the current year.

AMETEK Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given 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 was Tuesday, September 15th. AMETEK’s payout ratio is 19.88%.

Analysts Set New Price Targets

Several research firms recently commented on AME. Rothschild & Co Redburn upped their target price on shares of AMETEK from $265.00 to $275.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada increased their price target on shares of AMETEK from $260.00 to $291.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Truist Financial raised their price target on shares of AMETEK from $303.00 to $316.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. BMO Capital Markets boosted their price objective on shares of AMETEK from $262.00 to $282.00 in a report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of AMETEK from $288.00 to $318.00 and gave the company a “buy” rating in a research report on Wednesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $274.41.

Read Our Latest Stock Report on AME

AMETEK Profile

(Free Report)

AMETEK, Inc is a global manufacturer of industrial technology solutions. The company develops and produces advanced analytical, monitoring, testing, and measurement instruments, as well as engineered electromechanical products used in industrial, aerospace, defense, energy, medical, and other specialized markets.

AMETEK operates through two primary business groups: Electronic Instruments and Electromechanical. Its products include process and power monitoring systems, analytical instruments, automation and control technologies, aerospace and defense equipment, precision motion-control systems, motors, thermal-management solutions, engineered materials, and specialty metal products.

The company traces its roots to 1930 and has expanded through the development and acquisition of specialized technology businesses.

Further Reading

Want to see what other hedge funds are holding AME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMETEK, Inc. (NYSE:AME – Free Report).

Institutional Ownership by Quarter for AMETEK (NYSE:AME)

Receive News & Ratings for AMETEK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMETEK and related companies with MarketBeat.com's FREE daily email newsletter.