Curated Wealth Partners LLC lessened its holdings in shares of AMETEK, Inc. (NYSE:AME – Free Report) by 99.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,996 shares of the technology company’s stock after selling 545,249 shares during the period. Curated Wealth Partners LLC’s holdings in AMETEK were worth $1,238,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of AMETEK during the second quarter worth $4,725,928,000. Flossbach Von Storch SE bought a new stake in AMETEK in the 2nd quarter valued at $662,352,000. Bank of New York Mellon Corp acquired a new position in AMETEK in the 2nd quarter worth $624,725,000. Bank of America Corp DE acquired a new position in AMETEK in the 2nd quarter worth $391,801,000. Finally, Man Group plc bought a new position in AMETEK during the 2nd quarter worth about $356,499,000. 87.43% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
AME has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft lifted their price target on AMETEK from $288.00 to $318.00 and gave the company a “buy” rating in a research note on Wednesday, September 30th. BNP Paribas Exane boosted their price target on AMETEK from $280.00 to $290.00 and gave the company an “outperform” rating in a report on Friday, September 11th. TD Cowen reaffirmed a “buy” rating on shares of AMETEK in a research report on Thursday, August 6th. DA Davidson set a $285.00 price objective on AMETEK in a research report on Wednesday, October 7th. Finally, Seaport Research Partners increased their price objective on AMETEK from $290.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, AMETEK has a consensus rating of “Moderate Buy” and a consensus price target of $274.41.
Insider Transactions at AMETEK
In related news, insider David Hermance sold 6,608 shares of the company’s stock in a transaction dated 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 owned 42,509 shares in the company, valued at approximately $10,797,286. This represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.54% of the company’s stock.
AMETEK Stock Down 0.8%
AME traded down $2.02 during trading hours on Thursday, hitting $244.81. 803,745 shares of the company’s stock were exchanged, compared to its average volume of 1,298,153. The stock has a market cap of $56.11 billion, a price-to-earnings ratio of 35.79, a PEG ratio of 2.37 and a beta of 0.96. AMETEK, Inc. has a 1-year low of $182.87 and a 1-year high of $261.16. The stock’s 50-day moving average is $244.72 and its two-hundred day moving average is $236.38. 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 issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, topping the consensus estimate of $1.99 by $0.10. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The firm 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 posted $1.78 EPS. The company’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. Sell-side analysts predict that AMETEK, Inc. will post 8.41 earnings per share for the current fiscal year.
AMETEK Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were given a $0.34 dividend. The ex-dividend date of this dividend was 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 currently 19.88%.
AMETEK Profile
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.
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