Focus Partners Advisor Solutions LLC bought a new stake in AMETEK, Inc. (NYSE:AME – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 8,331 shares of the technology company’s stock, valued at approximately $2,016,000.
A number of other large investors have also bought and sold shares of the business. State of Wyoming acquired a new stake in AMETEK during the 2nd quarter valued at $69,000. Maridea Wealth Management LLC bought a new position in AMETEK in the 2nd quarter valued at $211,000. Bridgewater Advisors Inc. acquired a new position in AMETEK in the second quarter worth $246,000. USA Financial Formulas grew its holdings in shares of AMETEK by 153.4% during the first quarter. USA Financial Formulas now owns 3,140 shares of the technology company’s stock worth $673,000 after purchasing an additional 1,901 shares during the last quarter. Finally, Bryn Mawr Trust Advisors LLC acquired a new stake in shares of AMETEK in the second quarter valued at $201,000. 87.43% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other AMETEK news, insider David F. Hermance sold 6,608 shares of the firm’s stock in a transaction that occurred on 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 transaction, the insider directly owned 42,509 shares of the company’s stock, valued at approximately $10,797,286. This trade represents a 13.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.54% of the stock is owned by corporate insiders.
AMETEK Price Performance
AMETEK (NYSE:AME – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, topping the consensus estimate of $1.99 by $0.10. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The firm had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same period in the previous year, the business posted $1.78 EPS. The company’s quarterly revenue 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, research analysts anticipate that AMETEK, Inc. will post 8.33 earnings per share for the current year.
AMETEK Dividend Announcement
The firm 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 dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 15th. AMETEK’s payout ratio is 19.88%.
Analyst Ratings Changes
A number of research analysts recently issued reports on the company. TD Cowen reaffirmed a “buy” rating on shares of AMETEK in a report on Thursday, August 6th. Mizuho set a $270.00 price objective on shares of AMETEK in a research report on Friday, May 1st. Morgan Stanley boosted their target price on shares of AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Friday, July 10th. BNP Paribas Exane upped their target price on shares of AMETEK from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Finally, Rothschild & Co Redburn set a $265.00 price target on shares of AMETEK in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $266.80.
Check Out Our Latest Stock Analysis on AMETEK
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.
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