Giverny Capital Inc. Has $144.87 Million Stock Holdings in AMETEK, Inc. $AME

Giverny Capital Inc. cut its holdings in AMETEK, Inc. (NYSE:AME) by 2.2% during the second quarter, HoldingsChannel reports. The firm owned 598,781 shares of the technology company’s stock after selling 13,277 shares during the period. AMETEK comprises 4.9% of Giverny Capital Inc.’s investment portfolio, making the stock its 6th biggest position. Giverny Capital Inc.’s holdings in AMETEK were worth $144,869,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Frazier Financial Advisors LLC acquired a new stake in AMETEK in the 2nd quarter valued at approximately $25,000. Darwin Wealth Management LLC acquired a new position in shares of AMETEK during the second quarter worth approximately $25,000. Fiduciary Financial Advisors acquired a new position in shares of AMETEK during the second quarter worth approximately $27,000. MV Capital Management Inc. bought a new stake in shares of AMETEK in the fourth quarter valued at approximately $28,000. Finally, Brown Lisle Cummings Inc. grew its stake in shares of AMETEK by 878.6% in the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after acquiring an additional 123 shares during the last quarter. Institutional investors own 87.43% of the company’s stock.

AMETEK Trading Up 0.0%

Shares of AMETEK stock opened at $237.80 on Monday. AMETEK, Inc. has a 52-week low of $179.24 and a 52-week high of $261.16. The firm has a market capitalization of $54.50 billion, a PE ratio of 34.77, a price-to-earnings-growth ratio of 3.04 and a beta of 0.99. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 0.76. The company’s fifty day moving average price is $241.37 and its two-hundred day moving average price is $232.52.

AMETEK (NYSE:AME) last released its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, topping analysts’ consensus estimates of $1.99 by $0.10. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The company had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same period last year, the firm earned $1.78 EPS. The firm’s revenue for the quarter was up 15.0% compared to the same quarter last year. 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, analysts expect that AMETEK, Inc. will post 8.32 EPS for the current year.

AMETEK Announces Dividend

The business also recently disclosed 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. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Tuesday, September 15th. AMETEK’s dividend payout ratio is currently 19.88%.

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 transaction, the insider owned 42,509 shares in the company, valued at $10,797,286. This trade represents a 13.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on AME. Robert W. Baird set a $275.00 target price on shares of AMETEK in a research report on Wednesday, August 5th. Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Seaport Research Partners restated a “buy” rating and set a $290.00 price objective on shares of AMETEK in a report on Wednesday, August 5th. TD Cowen reaffirmed a “buy” rating on shares of AMETEK in a research report on Thursday, August 6th. Finally, Citigroup boosted their price target on AMETEK from $257.00 to $261.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $266.80.

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.