Citizens Financial Group Inc. RI Makes New Investment in AMETEK, Inc. $AME

Posted by Geri Gentry on Aug 20th, 2026

Citizens Financial Group Inc. RI bought a new position in AMETEK, Inc. (NYSE:AME – Free Report) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 2,895 shares of the technology company’s stock, valued at approximately $700,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in shares of AMETEK in the second quarter valued at approximately $4,725,928,000. Norges Bank bought a new stake in AMETEK during the 4th quarter worth approximately $831,372,000. Bank of New York Mellon Corp bought a new stake in AMETEK during the 2nd quarter worth approximately $624,725,000. Wellington Management Group LLP lifted its stake in AMETEK by 302.9% in the 4th quarter. Wellington Management Group LLP now owns 2,807,664 shares of the technology company’s stock worth $576,441,000 after purchasing an additional 2,110,818 shares in the last quarter. Finally, Deutsche Bank AG bought a new position in AMETEK in the 2nd quarter valued at $304,603,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Insiders Place Their Bets

In related news, insider David F. Hermance sold 6,608 shares of AMETEK stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $254.00, for a total transaction of $1,678,432.00. Following the sale, the insider directly owned 42,509 shares in the company, valued at $10,797,286. The trade was a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.54% of the company’s stock.

AMETEK Stock Performance

NYSE AME opened at $243.43 on Thursday. The company has a 50-day simple moving average of $240.38 and a two-hundred day simple moving average of $231.82. AMETEK, Inc. has a 12-month low of $179.24 and a 12-month high of $261.16. The firm has a market cap of $55.79 billion, a price-to-earnings ratio of 35.59, a PEG ratio of 3.20 and a beta of 0.98. 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 (NYSE:AME – Get Free Report) last announced its quarterly 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. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The business had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $1.95 billion. During the same period in the previous year, the firm earned $1.78 EPS. The business’s quarterly revenue 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. On average, equities analysts forecast that AMETEK, Inc. will post 8.32 EPS for the current year.

AMETEK Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.34 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.36 annualized dividend and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is 19.88%.

Trending Headlines about AMETEK

Here are the key news stories impacting AMETEK this week:

Positive Sentiment: Broad-based earnings revisions: Zacks raised its estimates for AMETEK’s third-quarter 2026 EPS to $2.08 from $2.00 and full-year 2026 EPS to $8.27 from $8.07. It also increased its FY2027 estimate to $8.74 from $8.47 and FY2028 estimate to $9.33 from $9.10, signaling stronger anticipated operating performance. AMETEK analyst estimates
Positive Sentiment: Higher quarterly forecasts: Zacks lifted estimates for Q1 2027 EPS to $2.09, Q2 2027 to $2.13, Q3 2027 to $2.19, Q4 2027 to $2.34, Q1 2028 to $2.29 and Q2 2028 to $2.31. The revisions indicate confidence in continued earnings growth following AMETEK’s latest quarterly report, which exceeded revenue and EPS expectations.
Neutral Sentiment: Limited near-term catalyst: Zacks’ FY2026 EPS forecast of $8.27 remains slightly below the broader consensus of $8.33. With AMETEK valued at a relatively elevated P/E ratio and trading close to its 52-week high, investors may be taking profits despite the improved longer-term outlook.

Wall Street Analysts Forecast Growth

Several research firms recently commented on AME. TD Cowen restated a “buy” rating on shares of AMETEK in a research report on Thursday, August 6th. BNP Paribas Exane raised their price target on AMETEK from $270.00 to $280.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Weiss Ratings upgraded AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. DA Davidson boosted their price objective on AMETEK from $265.00 to $285.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, Citigroup upped their price objective on shares of AMETEK from $257.00 to $261.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $266.80.

Read Our Latest Stock Report on AMETEK

AMETEK Company Profile

(Free Report)

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.