UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Decreases Stock Holdings in AMETEK, Inc. $AME

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its stake in shares of AMETEK, Inc. (NYSE:AME) by 3.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,572,586 shares of the technology company’s stock after selling 59,498 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in AMETEK were worth $380,471,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Frazier Financial Advisors LLC purchased a new stake in shares of AMETEK during the 2nd quarter worth approximately $25,000. Darwin Wealth Management LLC purchased a new position in AMETEK in the 2nd quarter valued at 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. boosted its position in AMETEK by 878.6% during the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after purchasing an additional 123 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Truist Financial raised their price target on AMETEK from $303.00 to $316.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Weiss Ratings upgraded shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. Robert W. Baird set a $275.00 price objective on shares of AMETEK in a research note on Wednesday, August 5th. Royal Bank Of Canada raised their target price on shares of AMETEK from $260.00 to $291.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Finally, Barclays lifted their target price on shares of AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $266.80.

Insider Buying and Selling

In other AMETEK news, insider David F. Hermance sold 6,608 shares of the business’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $254.00, for a total value of $1,678,432.00. Following the completion of the transaction, the insider directly owned 42,509 shares in the company, valued at approximately $10,797,286. The trade was a 13.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.54% of the company’s stock.

AMETEK Trading Up 0.2%

Shares of AME stock opened at $236.66 on Monday. The firm has a 50-day moving average price of $241.73 and a 200 day moving average price of $232.42. AMETEK, Inc. has a twelve month low of $179.24 and a twelve month high of $261.16. The company has a market capitalization of $54.24 billion, a price-to-earnings ratio of 34.60, a PEG ratio of 3.02 and a beta of 0.98. The company has a current ratio of 1.21, a quick ratio of 0.76 and a debt-to-equity ratio of 0.09.

AMETEK (NYSE:AME) last released its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) 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 net margin of 20.04% and a return on equity of 16.93%. The firm’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same period last year, the company earned $1.78 EPS. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. Research analysts forecast that AMETEK, Inc. will post 8.33 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.34 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is 19.88%.

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.