Gallagher Fiduciary Advisors LLC Invests $517,000 in AMETEK, Inc. $AME

Gallagher Fiduciary Advisors LLC purchased a new position in AMETEK, Inc. (NYSE:AMEFree Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,136 shares of the technology company’s stock, valued at approximately $517,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Frazier Financial Advisors LLC purchased a new position in AMETEK in the 2nd quarter worth approximately $25,000. Darwin Wealth Management LLC purchased a new position in AMETEK during the second quarter worth approximately $25,000. Fiduciary Financial Advisors acquired a new position in AMETEK during the second quarter worth $27,000. MV Capital Management Inc. acquired a new position in AMETEK during the fourth quarter worth $28,000. Finally, Brown Lisle Cummings Inc. grew its holdings in AMETEK by 878.6% in the 1st 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 in the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

AMETEK Stock Performance

Shares of AME stock opened at $241.83 on Wednesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21. The firm has a market cap of $55.43 billion, a P/E ratio of 35.36, a P/E/G ratio of 3.10 and a beta of 0.98. The firm’s 50 day moving average price is $241.33 and its 200-day moving average price is $232.21. AMETEK, Inc. has a one year low of $179.24 and a one year high of $261.16.

AMETEK (NYSE:AMEGet Free Report) last announced its earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $1.95 billion. During the same quarter in the previous year, the company earned $1.78 earnings per share. The firm’s quarterly revenue 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. As a group, equities research analysts predict that AMETEK, Inc. will post 8.33 EPS for the current 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. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Tuesday, September 15th. AMETEK’s 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 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 directly owned 42,509 shares in the company, valued at $10,797,286. This trade represents a 13.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on AME. Mizuho set a $270.00 target price on shares of AMETEK in a research note on Friday, May 1st. Wall Street Zen cut shares of AMETEK from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Seaport Research Partners reaffirmed a “buy” rating and set a $290.00 price target on shares of AMETEK in a research report on Wednesday, August 5th. Royal Bank Of Canada upped their price objective on AMETEK from $260.00 to $291.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Finally, Robert W. Baird set a $275.00 target price on AMETEK in a research note on Wednesday, August 5th. One investment 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. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $266.80.

Check Out Our Latest Analysis on AME

AMETEK Profile

(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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Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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