National Pension Service Purchases 5,382 Shares of AMETEK, Inc. $AME

National Pension Service grew its position in shares of AMETEK, Inc. (NYSE:AME) by 1.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 338,990 shares of the technology company’s stock after purchasing an additional 5,382 shares during the quarter. National Pension Service owned approximately 0.15% of AMETEK worth $82,015,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Cidel Asset Management Inc. bought a new position in AMETEK during the second quarter valued at approximately $209,000. NewEdge Advisors LLC lifted its holdings in shares of AMETEK by 26.9% in the 2nd quarter. NewEdge Advisors LLC now owns 6,883 shares of the technology company’s stock worth $1,665,000 after acquiring an additional 1,457 shares during the last quarter. Squarepoint Ops LLC boosted its stake in shares of AMETEK by 2,494.5% in the 2nd quarter. Squarepoint Ops LLC now owns 240,900 shares of the technology company’s stock valued at $58,283,000 after purchasing an additional 231,615 shares in the last quarter. Baird Financial Group Inc. boosted its stake in shares of AMETEK by 1.4% in the 2nd quarter. Baird Financial Group Inc. now owns 17,592 shares of the technology company’s stock valued at $4,256,000 after purchasing an additional 238 shares in the last quarter. Finally, Allworth Financial LP grew its holdings in shares of AMETEK by 8.0% during the 2nd quarter. Allworth Financial LP now owns 3,657 shares of the technology company’s stock valued at $885,000 after purchasing an additional 271 shares during the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Trading Up 3.3%

Shares of AME opened at $241.97 on Friday. The stock has a market capitalization of $55.46 billion, a P/E ratio of 35.38, a PEG ratio of 3.00 and a beta of 0.99. AMETEK, Inc. has a twelve month low of $179.24 and a twelve month high of $261.16. The company has a quick ratio of 0.76, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. The firm has a fifty day simple moving average of $241.42 and a two-hundred day simple moving average of $232.68.

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 analysts’ consensus estimates of $1.99 by $0.10. The firm 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 company’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same quarter in the previous year, the company 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. On average, research analysts anticipate that AMETEK, Inc. will post 8.32 EPS for the current year.

AMETEK Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.34 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.36 annualized dividend and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is 19.88%.

Insiders Place Their Bets

In other news, insider David Hermance sold 6,608 shares of AMETEK stock in a transaction that occurred 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 sale, the insider directly owned 42,509 shares in the company, valued at approximately $10,797,286. This trade represents a 13.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

AME has been the topic of a number of analyst reports. Citigroup lifted their target price on shares of AMETEK from $257.00 to $261.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Rothschild & Co Redburn set a $265.00 price objective on AMETEK in a research note on Thursday, June 18th. Vertical Research began coverage on AMETEK in a report on Tuesday. They issued a “buy” rating and a $255.00 price objective on the stock. Weiss Ratings raised AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th. Finally, BNP Paribas Exane increased their target price on AMETEK from $280.00 to $290.00 and gave the company an “outperform” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $266.69.

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.