55,624 Shares in AMETEK, Inc. $AME Acquired by JLB & Associates Inc.

JLB & Associates Inc. bought a new stake in AMETEK, Inc. (NYSE:AME) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 55,624 shares of the technology company’s stock, valued at approximately $13,458,000. AMETEK makes up 1.8% of JLB & Associates Inc.’s holdings, making the stock its 22nd largest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Darwin Wealth Management LLC acquired a new position in shares of AMETEK during the second quarter worth $25,000. MV Capital Management Inc. acquired a new stake in shares of AMETEK during the 4th quarter valued at $28,000. Brown Lisle Cummings Inc. grew its position in AMETEK by 878.6% during the 1st quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after acquiring an additional 123 shares during the last quarter. BOKF NA increased its holdings in AMETEK by 137.7% in the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after purchasing an additional 84 shares in the last quarter. Finally, SJS Investment Consulting Inc. boosted its stake in shares of AMETEK by 393.1% during the first quarter. SJS Investment Consulting Inc. now owns 143 shares of the technology company’s stock valued at $31,000 after purchasing an additional 114 shares in the last quarter. Institutional investors own 87.43% of the company’s stock.

Insider Buying and Selling

In other news, insider David F. Hermance sold 6,608 shares of AMETEK stock in a transaction dated 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 of the company’s stock, valued at approximately $10,797,286. This trade represents a 13.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.54% of the company’s stock.

AMETEK Price Performance

AMETEK stock opened at $250.21 on Wednesday. The stock’s 50 day moving average is $239.95 and its 200 day moving average is $231.70. AMETEK, Inc. has a one year low of $179.24 and a one year high of $261.16. The firm has a market cap of $57.35 billion, a P/E ratio of 36.58, a P/E/G ratio of 3.26 and a beta of 0.98. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 0.76.

AMETEK (NYSE:AME) last released its earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $1.95 billion. During the same quarter in the prior year, the firm posted $1.78 EPS. The company’s revenue for the quarter 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, research analysts expect that AMETEK, Inc. will post 8.33 EPS for the current 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. The ex-dividend date is Tuesday, September 15th. This represents a $1.36 annualized dividend and a yield of 0.5%. AMETEK’s payout ratio is presently 19.88%.

Wall Street Analysts Forecast Growth

AME has been the subject of several recent research reports. Robert W. Baird set a $275.00 price objective on AMETEK in a research note on Wednesday, August 5th. Rothschild & Co Redburn set a $265.00 price target on shares of AMETEK in a research report on Thursday, June 18th. BNP Paribas Exane raised their price target on shares of AMETEK from $270.00 to $280.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Citigroup lifted their price target on shares of AMETEK from $257.00 to $261.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Finally, Truist Financial boosted their price objective on shares of AMETEK from $303.00 to $316.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. 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 stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $266.80.

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.