Railway Pension Investments Ltd Buys 20,800 Shares of AMETEK, Inc. $AME

Railway Pension Investments Ltd grew its stake in shares of AMETEK, Inc. (NYSE:AME) by 58.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 56,672 shares of the technology company’s stock after purchasing an additional 20,800 shares during the quarter. Railway Pension Investments Ltd’s holdings in AMETEK were worth $13,711,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

AME has been the topic of a number of analyst reports. BNP Paribas Exane lifted their price target on AMETEK from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada boosted their target price on shares of AMETEK from $260.00 to $291.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Rothschild & Co Redburn set a $265.00 price target on AMETEK in a research report on Thursday, June 18th. Citigroup lifted their price objective on AMETEK from $257.00 to $261.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Finally, DA Davidson increased their price objective on shares of AMETEK from $265.00 to $285.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $266.80.

AMETEK Stock Performance

Shares of AMETEK stock opened at $235.31 on Tuesday. The stock’s fifty day moving average is $241.60 and its two-hundred day moving average is $232.43. The company has a quick ratio of 0.76, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. AMETEK, Inc. has a 52 week low of $179.24 and a 52 week high of $261.16. The company has a market capitalization of $53.93 billion, a PE ratio of 34.40, a price-to-earnings-growth ratio of 3.02 and a beta of 0.98.

AMETEK (NYSE:AME) last announced its earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS 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 the consensus estimate of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The firm’s revenue was up 15.0% on a year-over-year basis. During the same period in the previous 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. As a group, analysts expect that AMETEK, Inc. will post 8.33 earnings per share for the current year.

AMETEK Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $0.34 dividend. The ex-dividend date of this dividend 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 (DPR) is currently 19.88%.

Insider Activity

In other news, insider David F. Hermance sold 6,608 shares of the stock in a transaction dated 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 directly owned 42,509 shares in the company, valued at $10,797,286. This represents a 13.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.54% of the stock is owned by corporate insiders.

About AMETEK

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.