Benjamin Edwards Inc. Increases Stake in AMETEK, Inc. $AME

Benjamin Edwards Inc. lifted its position in AMETEK, Inc. (NYSE:AME) by 420.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,051 shares of the technology company’s stock after acquiring an additional 4,081 shares during the quarter. Benjamin Edwards Inc.’s holdings in AMETEK were worth $1,222,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Frazier Financial Advisors LLC purchased a new position in AMETEK during the 2nd quarter valued at about $25,000. Darwin Wealth Management LLC purchased a new stake in shares of AMETEK in the 2nd quarter worth approximately $25,000. Fiduciary Financial Advisors bought a new position in shares of AMETEK during the second quarter valued at approximately $27,000. MV Capital Management Inc. bought a new position in shares of AMETEK during the fourth quarter valued at approximately $28,000. Finally, Brown Lisle Cummings Inc. increased its holdings in AMETEK by 878.6% during the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock valued at $29,000 after buying an additional 123 shares during the period. 87.43% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on AME. Morgan Stanley upped their target price on AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a report on Friday, July 10th. Seaport Research Partners reiterated a “buy” rating and issued a $290.00 price target on shares of AMETEK in a report on Wednesday, August 5th. DA Davidson boosted their price target on AMETEK from $265.00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Weiss Ratings upgraded AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th. Finally, Truist Financial raised their price objective on AMETEK from $303.00 to $316.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, AMETEK currently has a consensus rating of “Moderate Buy” and an average target price of $266.80.

AMETEK Trading Down 1.7%

Shares of NYSE:AME opened at $231.07 on Wednesday. The business’s 50-day moving average is $241.54 and its 200 day moving average is $232.40. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 0.76. AMETEK, Inc. has a 1 year low of $179.24 and a 1 year high of $261.16. The firm has a market capitalization of $52.96 billion, a P/E ratio of 33.78, a P/E/G ratio of 3.00 and a beta of 0.99.

AMETEK (NYSE:AME) last issued its quarterly earnings results 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 return on equity of 16.93% and a net margin of 20.04%.The business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter last year, the company earned $1.78 earnings per share. The company’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, research analysts predict that AMETEK, Inc. will post 8.33 earnings per share for the current fiscal year.

AMETEK Announces Dividend

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

Insiders Place Their Bets

In other AMETEK news, insider David F. Hermance sold 6,608 shares of the business’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 transaction of $1,678,432.00. Following the sale, the insider owned 42,509 shares of the company’s stock, valued at approximately $10,797,286. The trade was a 13.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.54% of the company’s stock.

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.