AMETEK, Inc. $AME Stock Acquired by Mechanics Bank Trust Department

Mechanics Bank Trust Department lifted its holdings in AMETEK, Inc. (NYSE:AME) by 227.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,391 shares of the technology company’s stock after buying an additional 2,356 shares during the quarter. Mechanics Bank Trust Department’s holdings in AMETEK were worth $840,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Root Financial Partners LLC raised its position in AMETEK by 18.3% in the first quarter. Root Financial Partners LLC now owns 323 shares of the technology company’s stock worth $69,000 after acquiring an additional 50 shares in the last quarter. Advocacy Wealth Management LLC boosted its position in shares of AMETEK by 1.0% during the 2nd quarter. Advocacy Wealth Management LLC now owns 5,422 shares of the technology company’s stock worth $1,312,000 after purchasing an additional 52 shares in the last quarter. Drucker Wealth 3.0 LLC boosted its position in shares of AMETEK by 4.7% during the 1st quarter. Drucker Wealth 3.0 LLC now owns 1,187 shares of the technology company’s stock worth $255,000 after purchasing an additional 53 shares in the last quarter. Earned Wealth Advisors LLC grew its stake in shares of AMETEK by 5.9% during the 1st quarter. Earned Wealth Advisors LLC now owns 1,209 shares of the technology company’s stock worth $259,000 after purchasing an additional 67 shares during the period. Finally, Tobam grew its stake in shares of AMETEK by 32.3% during the 4th quarter. Tobam now owns 303 shares of the technology company’s stock worth $62,000 after purchasing an additional 74 shares during the period. Institutional investors and hedge funds own 87.43% of the company’s stock.

AMETEK Price Performance

AME traded up $0.86 during trading on Tuesday, reaching $250.75. 896,864 shares of the stock were exchanged, compared to its average volume of 1,300,580. 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 company has a market capitalization of $57.47 billion, a price-to-earnings ratio of 36.66, a P/E/G ratio of 2.36 and a beta of 0.96. AMETEK, Inc. has a 1 year low of $180.16 and a 1 year high of $261.16. The business’s 50 day moving average price is $244.88 and its two-hundred day moving average price is $236.13.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, beating 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 business had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter last year, the business posted $1.78 earnings per share. The business’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. As a group, equities research analysts anticipate that AMETEK, Inc. will post 8.41 earnings per share for the current year.

AMETEK Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, September 15th. AMETEK’s dividend payout ratio (DPR) is 19.88%.

Insider Transactions at AMETEK

In other AMETEK news, insider David Hermance sold 6,608 shares of AMETEK stock in a transaction dated 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 completion of the transaction, the insider owned 42,509 shares in the company, valued at approximately $10,797,286. The trade was a 13.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on AME shares. Weiss Ratings upgraded shares of AMETEK from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday. TD Cowen restated a “buy” rating on shares of AMETEK in a research report on Thursday, August 6th. KeyCorp upped their target price on shares of AMETEK from $260.00 to $295.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Robert W. Baird increased their target price on shares of AMETEK from $275.00 to $280.00 and gave the company a “neutral” rating in a report on Monday, October 5th. Finally, Mizuho lifted their price target on shares of AMETEK from $270.00 to $285.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $274.41.

About AMETEK

AMETEK, Inc (NYSE: AME) is a global manufacturer of industrial technology products. The company develops and produces electronic instruments and electromechanical devices used in process, industrial, aerospace, power, energy, and other specialized markets.

AMETEK’s Electronic Instruments segment supplies products such as process and analytical instruments, measurement and testing equipment, power-quality monitoring systems, automation and control solutions, and equipment for aerospace and defense applications.