AMETEK, Inc. $AME Shares Acquired by Odyssean LLC

Odyssean LLC increased its stake in shares of AMETEK, Inc. (NYSE:AME) by 276.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,677 shares of the technology company’s stock after purchasing an additional 6,371 shares during the period. Odyssean LLC’s holdings in AMETEK were worth $2,099,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of AMETEK in the second quarter worth approximately $4,725,928,000. Norges Bank acquired a new position in AMETEK in the 4th quarter valued at $831,372,000. Flossbach Von Storch SE purchased a new position in AMETEK in the 2nd quarter valued at $662,352,000. Bank of New York Mellon Corp purchased a new position in AMETEK in the 2nd quarter valued at $624,725,000. Finally, Wellington Management Group LLP boosted its stake in AMETEK by 302.9% during the 4th quarter. Wellington Management Group LLP now owns 2,807,664 shares of the technology company’s stock worth $576,441,000 after purchasing an additional 2,110,818 shares during the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on AME shares. Barclays increased their target price on shares of AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Seaport Research Partners reiterated a “buy” rating and issued a $290.00 price objective on shares of AMETEK in a report on Wednesday, August 5th. 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. Robert W. Baird set a $275.00 price target on AMETEK in a research report on Wednesday, August 5th. Finally, BNP Paribas Exane boosted their price objective on AMETEK from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. One equities 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 data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $266.80.

Insider Transactions at AMETEK

In other AMETEK news, insider David F. Hermance sold 6,608 shares of AMETEK 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 sale, the insider owned 42,509 shares in the company, valued at $10,797,286. The trade was a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.54% of the stock is currently owned by company insiders.

AMETEK Price Performance

Shares of AME stock opened at $241.83 on Wednesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 0.76. The company has a market capitalization of $55.43 billion, a PE ratio of 35.36, a price-to-earnings-growth ratio of 3.10 and a beta of 0.98. The firm’s 50-day moving average is $241.33 and its two-hundred day moving average is $232.21. AMETEK, Inc. has a 12 month low of $179.24 and a 12 month high of $261.16.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.99 by $0.10. The business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The business’s revenue was up 15.0% compared to the same quarter last year. During the same quarter last year, the firm 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. Analysts predict that AMETEK, Inc. will post 8.33 earnings per share for the current year.

AMETEK Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.34 per share. The ex-dividend date of this dividend 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%.

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.