Wealthfront Advisers LLC Acquires Shares of 37,117 AMETEK, Inc. $AME

Wealthfront Advisers LLC acquired a new stake in shares of AMETEK, Inc. (NYSE:AME) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 37,117 shares of the technology company’s stock, valued at approximately $8,980,000.

A number of other institutional investors also recently modified their holdings of the company. First National Bank of Omaha bought a new stake in shares of AMETEK in the second quarter worth about $4,409,000. M.D. Sass LLC bought a new position in AMETEK during the 2nd quarter valued at approximately $80,656,000. JLB & Associates Inc. purchased a new stake in AMETEK in the 2nd quarter worth approximately $13,458,000. Meeder Advisory Services Inc. bought a new stake in shares of AMETEK in the 2nd quarter worth approximately $1,339,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of AMETEK during the second quarter valued at approximately $728,000. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

AMETEK Trading Down 2.6%

AME opened at $243.43 on Thursday. The company has a quick ratio of 0.76, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. AMETEK, Inc. has a 52 week low of $179.24 and a 52 week high of $261.16. The stock has a market cap of $55.79 billion, a PE ratio of 35.59, a PEG ratio of 3.20 and a beta of 0.98. The business has a 50 day moving average of $240.38 and a 200-day moving average of $231.82.

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. The company had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The firm’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same period in the prior year, the firm earned $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 predict that AMETEK, Inc. will post 8.32 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently declared 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. 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 (DPR) is presently 19.88%.

Key AMETEK News

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: Broad-based earnings revisions: Zacks raised its estimates for AMETEK’s third-quarter 2026 EPS to $2.08 from $2.00 and full-year 2026 EPS to $8.27 from $8.07. It also increased its FY2027 estimate to $8.74 from $8.47 and FY2028 estimate to $9.33 from $9.10, signaling stronger anticipated operating performance. AMETEK analyst estimates
• Positive Sentiment: Higher quarterly forecasts: Zacks lifted estimates for Q1 2027 EPS to $2.09, Q2 2027 to $2.13, Q3 2027 to $2.19, Q4 2027 to $2.34, Q1 2028 to $2.29 and Q2 2028 to $2.31. The revisions indicate confidence in continued earnings growth following AMETEK’s latest quarterly report, which exceeded revenue and EPS expectations.
• Neutral Sentiment: Limited near-term catalyst: Zacks’ FY2026 EPS forecast of $8.27 remains slightly below the broader consensus of $8.33. With AMETEK valued at a relatively elevated P/E ratio and trading close to its 52-week high, investors may be taking profits despite the improved longer-term outlook.

Insider Transactions at AMETEK

In related news, insider David F. Hermance sold 6,608 shares of the business’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 sale, the insider owned 42,509 shares of the company’s stock, valued at $10,797,286. The trade was a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.54% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Rothschild & Co Redburn set a $265.00 price target on AMETEK in a research note on Thursday, June 18th. Weiss Ratings raised shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. DA Davidson upped their price objective on shares of AMETEK from $265.00 to $285.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Truist Financial raised their target price on shares of AMETEK from $303.00 to $316.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, TD Cowen reaffirmed a “buy” rating on shares of AMETEK in a research note on Thursday, August 6th. One 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. According to data from MarketBeat, AMETEK has an average rating of “Moderate Buy” and a consensus 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.