Nykredit A S Acquires New Shares in AMETEK, Inc. $AME

Nykredit A S acquired a new position in AMETEK, Inc. (NYSE:AME) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 113,352 shares of the technology company’s stock, valued at approximately $27,424,000.

A number of other hedge funds have also bought and sold shares of the business. Frazier Financial Advisors LLC bought a new position in AMETEK during the 2nd quarter valued at about $25,000. Fiduciary Financial Advisors bought a new stake in shares of AMETEK in the second quarter worth approximately $27,000. Elevation Wealth Partners LLC raised its holdings in shares of AMETEK by 239.5% during the second quarter. Elevation Wealth Partners LLC now owns 129 shares of the technology company’s stock valued at $31,000 after purchasing an additional 91 shares during the last quarter. MV Capital Management Inc. purchased a new position in shares of AMETEK during the fourth quarter valued at approximately $28,000. Finally, Brown Lisle Cummings Inc. lifted 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 valued at $29,000 after purchasing an additional 123 shares during the period. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Stock Performance

AME opened at $233.88 on Friday. The company has a current ratio of 1.21, a quick ratio of 0.76 and a debt-to-equity ratio of 0.09. The company has a market cap of $53.61 billion, a price-to-earnings ratio of 34.19, a PEG ratio of 2.98 and a beta of 0.99. The company’s 50 day moving average is $241.36 and its 200 day moving average is $232.46. AMETEK, Inc. has a 12-month low of $179.24 and a 12-month high of $261.16.

AMETEK (NYSE:AME) last announced its earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $1.95 billion. During the same period in the previous year, the business posted $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. On average, equities research analysts predict that AMETEK, Inc. will post 8.33 EPS for the current year.

AMETEK Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.34 per share. 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 payout ratio is presently 19.88%.

Insider Activity at AMETEK

In other news, insider David Hermance sold 6,608 shares of the company’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 sale, the insider directly owned 42,509 shares in the company, valued at $10,797,286. This represents a 13.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.54% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Citigroup raised their target price on shares of AMETEK from $257.00 to $261.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. KeyCorp boosted their target price on shares of AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. BNP Paribas Exane increased their price target on AMETEK from $270.00 to $280.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Morgan Stanley raised their price target on AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Friday, July 10th. Finally, DA Davidson lifted their price objective on AMETEK from $265.00 to $285.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, AMETEK currently has a consensus rating of “Moderate Buy” and an average target price of $266.80.

AMETEK Company 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.