AMETEK, Inc. $AME Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC cut its holdings in AMETEK, Inc. (NYSE:AME) by 5.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 49,535 shares of the technology company’s stock after selling 2,972 shares during the period. HighTower Advisors LLC’s holdings in AMETEK were worth $11,984,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in AMETEK in the fourth quarter worth about $1,027,000. Wescott Financial Advisory Group LLC acquired a new position in AMETEK during the 4th quarter valued at about $1,122,000. Fifth Third Bancorp increased its stake in AMETEK by 1,060.3% during the 1st quarter. Fifth Third Bancorp now owns 82,948 shares of the technology company’s stock valued at $17,781,000 after buying an additional 75,799 shares during the period. Jennison Associates LLC raised its position in shares of AMETEK by 93.0% during the 1st quarter. Jennison Associates LLC now owns 256,693 shares of the technology company’s stock worth $55,025,000 after buying an additional 123,719 shares in the last quarter. Finally, Erste Asset Management GmbH lifted its stake in shares of AMETEK by 191.8% in the 4th quarter. Erste Asset Management GmbH now owns 44,123 shares of the technology company’s stock worth $9,161,000 after acquiring an additional 29,002 shares during the period. Institutional investors and hedge funds own 87.43% of the company’s stock.

Insiders Place Their Bets

In other AMETEK news, insider David Hermance sold 6,608 shares of the company’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 $10,797,286. This represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is currently owned by corporate insiders.

AMETEK Price Performance

NYSE AME opened at $236.63 on Thursday. The company has a 50 day moving average price of $241.28 and a two-hundred day moving average price of $232.61. AMETEK, Inc. has a 12-month low of $179.24 and a 12-month high of $261.16. The stock has a market capitalization of $54.24 billion, a PE ratio of 34.60, a price-to-earnings-growth ratio of 3.04 and a beta of 0.99. 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 (NYSE:AME) last released its quarterly earnings data 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 business had revenue of $2.04 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same quarter in the previous year, the business earned $1.78 EPS. AMETEK’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 analysts predict that AMETEK, Inc. will post 8.32 earnings per share for the current fiscal year.

AMETEK Announces Dividend

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 issued a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, September 15th. AMETEK’s dividend payout ratio (DPR) is 19.88%.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. KeyCorp boosted their target price on AMETEK from $260.00 to $295.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Royal Bank Of Canada lifted their price target on AMETEK from $260.00 to $291.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. DA Davidson boosted their price objective on AMETEK from $265.00 to $285.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. BNP Paribas Exane upped their price objective on AMETEK from $270.00 to $280.00 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 analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, AMETEK currently has a consensus rating of “Moderate Buy” and a consensus target price of $266.06.

About AMETEK

AMETEK, Inc (NYSE: AME) is a diversified manufacturer of industrial technology products and solutions. The company develops equipment used to monitor, measure, test, control and analyze processes across a range of industrial and commercial applications.

AMETEK operates through two primary business groups: Electronic Instruments, which provides analytical, monitoring, testing and measurement equipment; and Electromechanical, which supplies automation systems, motors, power systems, aerospace and defense products, engineered materials and other specialized components.