378,476 Shares in AMETEK, Inc. $AME Purchased by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board acquired a new stake in AMETEK, Inc. (NYSE:AME) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 378,476 shares of the technology company’s stock, valued at approximately $91,568,000. Canada Pension Plan Investment Board owned 0.17% of AMETEK as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

AME has been the topic of several research analyst reports. TD Cowen reissued a “buy” rating on shares of AMETEK in a research report on Thursday, August 6th. BNP Paribas Exane upped 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. Rothschild & Co Redburn set a $265.00 price target on shares of AMETEK in a report on Thursday, June 18th. Morgan Stanley raised their price objective on shares of AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Friday, July 10th. Finally, Mizuho set a $270.00 price objective on AMETEK in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, AMETEK presently has an average rating of “Moderate Buy” and an average target price of $266.80.

AMETEK Stock Up 1.5%

AME opened at $245.47 on Thursday. The stock has a fifty day moving average of $241.62 and a 200-day moving average of $232.32. The company has a market capitalization of $56.26 billion, a P/E ratio of 35.89, a P/E/G ratio of 3.09 and a beta of 0.98. AMETEK, Inc. has a fifty-two week low of $179.24 and a fifty-two week high of $261.16. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21.

AMETEK (NYSE:AME) last released its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 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 for the quarter, compared to the consensus estimate of $1.95 billion. During the same period in the prior year, the company posted $1.78 earnings per share. AMETEK’s 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 analysts expect that AMETEK, Inc. will post 8.33 EPS for the current year.

AMETEK Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued 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 dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 19.88%.

Insider Activity at AMETEK

In other news, insider David F. Hermance sold 6,608 shares of AMETEK stock in a transaction that occurred on Friday, August 7th. The shares were 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 approximately $10,797,286. The trade was a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.54% of the company’s stock.

About AMETEK

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.