EFG International AG acquired a new position in AMETEK, Inc. (NYSE:AME – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 2,409 shares of the technology company’s stock, valued at approximately $583,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Florida Financial Advisors LLC increased its stake in AMETEK by 2.2% in the 4th quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company’s stock worth $406,000 after purchasing an additional 43 shares during the period. Plato Investment Management Ltd boosted its position in AMETEK by 0.4% during the 4th quarter. Plato Investment Management Ltd now owns 10,751 shares of the technology company’s stock valued at $2,218,000 after buying an additional 47 shares during the period. Allegiance Financial Group Advisory Services LLC grew its holdings in AMETEK by 4.0% in the 4th quarter. Allegiance Financial Group Advisory Services LLC now owns 1,254 shares of the technology company’s stock worth $257,000 after acquiring an additional 48 shares during the last quarter. Washington Trust Advisors Inc. increased its position in shares of AMETEK by 6.2% in the fourth quarter. Washington Trust Advisors Inc. now owns 850 shares of the technology company’s stock valued at $175,000 after acquiring an additional 50 shares during the period. Finally, Root Financial Partners LLC raised its stake in shares of AMETEK by 18.3% during the first quarter. Root Financial Partners LLC now owns 323 shares of the technology company’s stock valued at $69,000 after acquiring an additional 50 shares during the last quarter. Institutional investors own 87.43% of the company’s stock.
Insider Activity at AMETEK
In other news, insider David F. Hermance sold 6,608 shares of the business’s 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 owned 42,509 shares in the company, valued at approximately $10,797,286. The trade was a 13.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.54% of the company’s stock.
Wall Street Analysts Forecast Growth
Get Our Latest Research Report on AME
AMETEK Stock Down 0.8%
AME stock opened at $243.18 on Friday. AMETEK, Inc. has a fifty-two week low of $179.24 and a fifty-two week high of $261.16. The company has a market capitalization of $55.74 billion, a price-to-earnings ratio of 35.55, a price-to-earnings-growth ratio of 3.13 and a beta of 0.98. The business’s 50 day moving average price is $241.74 and its two-hundred day moving average price is $232.39. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21.
AMETEK (NYSE:AME – Get Free Report) last released 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. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The company 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 EPS. The firm’s revenue for the quarter was up 15.0% compared to the same quarter last year. 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 forecast that AMETEK, Inc. will post 8.33 earnings per share for the current fiscal year.
AMETEK Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.34 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.36 annualized dividend and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 19.88%.
AMETEK 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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