OMERS ADMINISTRATION Corp Takes $4.11 Million Position in AMETEK, Inc. $AME

OMERS ADMINISTRATION Corp acquired a new position in shares of AMETEK, Inc. (NYSE:AME) in the second quarter, Holdings Channel reports. The fund acquired 16,973 shares of the technology company’s stock, valued at approximately $4,106,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. lifted 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 purchasing an additional 28,621 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in AMETEK during the fourth quarter worth about $1,027,000. Fifth Third Bancorp increased its holdings in shares of AMETEK by 1,060.3% during the first quarter. Fifth Third Bancorp now owns 82,948 shares of the technology company’s stock worth $17,781,000 after buying an additional 75,799 shares in the last quarter. Wescott Financial Advisory Group LLC acquired a new stake in shares of AMETEK during the fourth quarter worth approximately $1,122,000. Finally, Pictet Asset Management Holding SA raised its stake in shares of AMETEK by 7.3% in the fourth quarter. Pictet Asset Management Holding SA now owns 120,201 shares of the technology company’s stock valued at $24,678,000 after acquiring an additional 8,131 shares during the last quarter. Institutional investors own 87.43% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on AME shares. Barclays boosted their target price on AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. KeyCorp lifted their price objective on AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. DA Davidson boosted their price objective on AMETEK from $265.00 to $285.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Rothschild & Co Redburn set a $265.00 target price on AMETEK in a report on Thursday, June 18th. Finally, Royal Bank Of Canada raised their target price on AMETEK from $260.00 to $291.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, AMETEK has a consensus rating of “Moderate Buy” and a consensus price target of $266.80.

AMETEK Price Performance

Shares of AME stock opened at $241.83 on Wednesday. AMETEK, Inc. has a 1 year low of $179.24 and a 1 year high of $261.16. The company has a current ratio of 1.21, a quick ratio of 0.76 and a debt-to-equity ratio of 0.09. The firm’s 50 day moving average is $241.33 and its 200-day moving average is $232.21. The firm has a market capitalization of $55.43 billion, a price-to-earnings ratio of 35.36, a PEG ratio of 3.10 and a beta of 0.98.

AMETEK (NYSE:AME) last posted 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 net margin of 20.04% and a return on equity of 16.93%. The firm had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter in the previous year, the company posted $1.78 EPS. AMETEK’s 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. Sell-side analysts forecast that AMETEK, Inc. will post 8.33 EPS for the current fiscal year.

AMETEK Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 15th. AMETEK’s dividend payout ratio is 19.88%.

Insider Activity

In related news, insider David F. Hermance sold 6,608 shares of the firm’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $254.00, for a total value of $1,678,432.00. Following the transaction, the insider owned 42,509 shares in the company, valued at $10,797,286. This trade represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is owned by company insiders.

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.