3,766 Shares in AMETEK, Inc. $AME Purchased by MBL Wealth LLC

MBL Wealth LLC acquired a new position in shares of AMETEK, Inc. (NYSE:AME) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 3,766 shares of the technology company’s stock, valued at approximately $933,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. National Pension Service grew its stake in shares of AMETEK by 1.6% in the 2nd quarter. National Pension Service now owns 338,990 shares of the technology company’s stock worth $82,015,000 after buying an additional 5,382 shares in the last quarter. Fifth Third Bancorp raised its position in shares of AMETEK by 1,060.3% during the 1st quarter. Fifth Third Bancorp now owns 82,948 shares of the technology company’s stock valued at $17,781,000 after buying an additional 75,799 shares in the last quarter. QRG Capital Management Inc. lifted its holdings in shares of AMETEK by 1,002.4% in the 2nd quarter. QRG Capital Management Inc. now owns 132,612 shares of the technology company’s stock valued at $32,084,000 after acquiring an additional 120,583 shares during the last quarter. Groupe la Francaise lifted its holdings in shares of AMETEK by 15.6% in the 2nd quarter. Groupe la Francaise now owns 154,326 shares of the technology company’s stock valued at $37,361,000 after acquiring an additional 20,780 shares during the last quarter. Finally, Jennison Associates LLC grew its position in AMETEK by 93.0% in the first quarter. Jennison Associates LLC now owns 256,693 shares of the technology company’s stock worth $55,025,000 after acquiring an additional 123,719 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider David Hermance sold 6,608 shares of the firm’s 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 completion of the sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.54% of the company’s stock.

Wall Street Analysts Forecast Growth

AME has been the topic of several analyst reports. DA Davidson set a $285.00 price objective on AMETEK in a research note on Wednesday, October 7th. Seaport Research Partners raised their price objective on AMETEK from $290.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, September 2nd. Weiss Ratings upgraded AMETEK from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday, October 8th. BMO Capital Markets lifted their target price on AMETEK from $262.00 to $282.00 in a report on Wednesday, August 5th. Finally, Truist Financial boosted their target price on AMETEK from $303.00 to $316.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $274.41.

AMETEK Price Performance

AMETEK stock opened at $239.88 on Friday. AMETEK, Inc. has a 12-month low of $182.87 and a 12-month 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 has a 50-day moving average price of $243.45 and a 200-day moving average price of $237.76. The firm has a market capitalization of $54.98 billion, a PE ratio of 35.07, a price-to-earnings-growth ratio of 2.26 and a beta of 0.96.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, beating the consensus estimate of $1.99 by $0.10. The company had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The firm’s revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.78 EPS. 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, equities research analysts forecast that AMETEK, Inc. will post 8.41 EPS for the current year.

AMETEK Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Tuesday, September 15th. AMETEK’s dividend payout ratio is presently 19.88%.

AMETEK Profile

AMETEK, Inc is a global manufacturer of industrial technology solutions. The company develops and produces advanced analytical, monitoring, testing, and measurement instruments, as well as engineered electromechanical products used in industrial, aerospace, defense, energy, medical, and other specialized markets.

AMETEK operates through two primary business groups: Electronic Instruments and Electromechanical. Its products include process and power monitoring systems, analytical instruments, automation and control technologies, aerospace and defense equipment, precision motion-control systems, motors, thermal-management solutions, engineered materials, and specialty metal products.

The company traces its roots to 1930 and has expanded through the development and acquisition of specialized technology businesses.