30,189 Shares in AMETEK, Inc. $AME Purchased by Quantbot Technologies LP

by · The Cerbat Gem

Quantbot Technologies LP purchased a new stake in shares of AMETEK, Inc. (NYSE:AME – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 30,189 shares of the technology company’s stock, valued at approximately $7,304,000.

Several other hedge funds have also bought and sold shares of AME. Sivia Capital Partners LLC acquired a new stake in AMETEK during the second quarter valued at $295,000. Baird Financial Group Inc. raised its position in shares of AMETEK by 16.1% in the second quarter. Baird Financial Group Inc. now owns 16,784 shares of the technology company’s stock worth $3,037,000 after acquiring an additional 2,323 shares during the period. NewEdge Advisors LLC boosted its stake in shares of AMETEK by 65.0% during the 2nd quarter. NewEdge Advisors LLC now owns 3,946 shares of the technology company’s stock worth $714,000 after acquiring an additional 1,555 shares in the last quarter. Sei Investments Co. boosted its stake in shares of AMETEK by 38.2% during the 2nd quarter. Sei Investments Co. now owns 223,227 shares of the technology company’s stock worth $40,392,000 after acquiring an additional 61,672 shares in the last quarter. Finally, Squarepoint Ops LLC grew its position in shares of AMETEK by 105.3% during the 2nd quarter. Squarepoint Ops LLC now owns 158,274 shares of the technology company’s stock valued at $28,641,000 after acquiring an additional 81,178 shares during the period. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on AME. Wall Street Zen cut AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Royal Bank Of Canada increased their target price on AMETEK from $260.00 to $291.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Mizuho set a $270.00 price target on shares of AMETEK in a research note on Friday, May 1st. Truist Financial boosted their price target on shares of AMETEK from $303.00 to $316.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Finally, Weiss Ratings upgraded shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $266.80.

View Our Latest Analysis on AME

AMETEK Price Performance

AME stock opened at $239.67 on Friday. AMETEK, Inc. has a 1 year low of $179.24 and a 1 year high of $261.16. 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 firm has a market capitalization of $54.93 billion, a PE ratio of 35.04, a price-to-earnings-growth ratio of 3.06 and a beta of 0.98. The business has a 50 day simple moving average of $240.90 and a 200-day simple moving average of $231.99.

AMETEK (NYSE:AME – Get Free Report) last announced 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. The firm had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The firm’s revenue was up 15.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.78 earnings per share. 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 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued 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 currently 19.88%.

Insider Transactions at AMETEK

In related news, insider David F. Hermance sold 6,608 shares of the firm’s stock in a transaction dated 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 completion of the sale, the insider directly owned 42,509 shares in the company, valued at approximately $10,797,286. This trade represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.54% of the company’s stock.

About AMETEK

(Free Report)

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.

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