2,850 Shares in AMETEK, Inc. $AME Acquired by SVRN Asset Management LLC

SVRN Asset Management LLC bought a new position in shares of AMETEK, Inc. (NYSE:AME) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,850 shares of the technology company’s stock, valued at approximately $690,000. AMETEK makes up approximately 0.4% of SVRN Asset Management LLC’s investment portfolio, making the stock its 29th largest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of 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 stake in AMETEK in the fourth quarter worth approximately $1,027,000. Wescott Financial Advisory Group LLC bought a new position in shares of AMETEK during the 4th quarter valued at about $1,122,000. Fifth Third Bancorp lifted 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 valued at $17,781,000 after purchasing an additional 75,799 shares during the last quarter. Finally, Jennison Associates LLC lifted its stake in AMETEK by 93.0% during the first quarter. Jennison Associates LLC now owns 256,693 shares of the technology company’s stock valued at $55,025,000 after buying 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 news, insider David Hermance sold 6,608 shares of AMETEK stock in a transaction 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 transaction, the insider directly owned 42,509 shares of the company’s stock, valued at $10,797,286. This trade represents a 13.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.54% of the stock is owned by corporate insiders.

Analyst Ratings Changes

AME has been the subject of a number of research analyst reports. Wall Street Zen lowered AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. BNP Paribas Exane increased their price target on shares of AMETEK from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. KeyCorp raised their price objective on AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. Weiss Ratings raised shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. Finally, Truist Financial upped their price objective on shares of AMETEK from $303.00 to $316.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $266.80.

AMETEK Stock Up 1.5%

AME opened at $237.80 on Friday. The firm’s 50-day simple moving average is $241.37 and its 200-day simple moving average is $232.50. AMETEK, Inc. has a twelve month low of $179.24 and a twelve month high of $261.16. The firm has a market cap of $54.50 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 2.99 and a beta of 0.99. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21.

AMETEK (NYSE:AME) last announced its 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 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 analysts’ expectations of $1.95 billion. During the same quarter in the prior year, the business earned $1.78 earnings per share. The business’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. Equities research analysts anticipate that AMETEK, Inc. will post 8.32 EPS for the current fiscal year.

AMETEK Dividend Announcement

The business 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 $0.34 dividend. 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 dividend 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.