Railway Pension Investments Ltd increased its position in AMETEK, Inc. (NYSE:AME – Free Report) by 58.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 56,672 shares of the technology company’s stock after purchasing an additional 20,800 shares during the period. Railway Pension Investments Ltd’s holdings in AMETEK were worth $13,711,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in AME. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in AMETEK by 6.2% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 487,238 shares of the technology company’s stock valued at $101,901,000 after acquiring an additional 28,621 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in AMETEK during the fourth quarter worth approximately $1,027,000. Fifth Third Bancorp boosted its holdings in AMETEK by 1,060.3% in the first quarter. Fifth Third Bancorp now owns 82,948 shares of the technology company’s stock valued at $17,781,000 after acquiring an additional 75,799 shares during the last quarter. Wescott Financial Advisory Group LLC purchased a new stake in shares of AMETEK during the 4th quarter worth about $1,122,000. Finally, Jennison Associates LLC lifted its holdings in shares of AMETEK by 93.0% during the 1st quarter. Jennison Associates LLC now owns 256,693 shares of the technology company’s stock valued at $55,025,000 after acquiring an additional 123,719 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.
Insider Buying and Selling at AMETEK
In other AMETEK news, insider David F. Hermance sold 6,608 shares of the company’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 completion of the transaction, the insider directly owned 42,509 shares in the company, valued at approximately $10,797,286. This represents a 13.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.54% of the company’s stock.
Analyst Ratings Changes
Read Our Latest Research Report on AME
AMETEK Stock Performance
Shares of NYSE:AME opened at $235.31 on Tuesday. AMETEK, Inc. has a twelve month low of $179.24 and a twelve month high of $261.16. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21. The business has a fifty day moving average of $241.60 and a 200-day moving average of $232.43. The firm has a market cap 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 – Get Free Report) last released 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 company had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same quarter last year, the firm posted $1.78 earnings per share. AMETEK’s 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. On average, equities research analysts predict that AMETEK, Inc. will post 8.33 EPS for the current fiscal year.
AMETEK Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.34 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s payout ratio is 19.88%.
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.
Read More
- Five stocks we like better than AMETEK
- Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season
- Insiders Are Betting Big on These 3 Healthcare Stocks
- 3 Stocks for Investors Who Still Believe Cash Is King
- Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason
Want to see what other hedge funds are holding AME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMETEK, Inc. (NYSE:AME – Free Report).
Receive News & Ratings for AMETEK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMETEK and related companies with MarketBeat.com's FREE daily email newsletter.
