Equitable Holdings Inc. Invests $1.26 Million in AMETEK, Inc. $AME

Equitable Holdings Inc. acquired a new position in AMETEK, Inc. (NYSE:AME) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 5,195 shares of the technology company’s stock, valued at approximately $1,257,000.

A number of other hedge funds also recently bought and sold shares of AME. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in AMETEK by 6.2% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 487,238 shares of the technology company’s stock valued at $101,901,000 after purchasing an additional 28,621 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in AMETEK in the 4th quarter worth $1,027,000. Fifth Third Bancorp lifted its holdings in AMETEK by 1,060.3% in the 1st quarter. Fifth Third Bancorp now owns 82,948 shares of the technology company’s stock worth $17,781,000 after buying an additional 75,799 shares in the last quarter. Wescott Financial Advisory Group LLC purchased a new position in AMETEK in the 4th quarter valued at about $1,122,000. Finally, Pictet Asset Management Holding SA grew its stake in shares of AMETEK by 7.3% during the fourth quarter. Pictet Asset Management Holding SA now owns 120,201 shares of the technology company’s stock valued at $24,678,000 after acquiring an additional 8,131 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on AME. Morgan Stanley boosted their price target on AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Friday, July 10th. Seaport Research Partners restated a “buy” rating and set a $290.00 price objective on shares of AMETEK in a research note on Wednesday, August 5th. Royal Bank Of Canada lifted their price objective on AMETEK from $260.00 to $291.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Mizuho set a $270.00 target price on AMETEK in a research note on Friday, May 1st. Finally, Barclays raised their price target on shares of AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. One 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’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $266.80.

AMETEK Stock Down 2.9%

Shares of NYSE:AME opened at $236.66 on Friday. The company’s fifty day moving average is $241.73 and its two-hundred day moving average is $232.42. 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, Inc. has a 1-year low of $179.24 and a 1-year high of $261.16. The stock has a market capitalization of $54.24 billion, a price-to-earnings ratio of 34.60, a price-to-earnings-growth ratio of 3.11 and a beta of 0.98.

AMETEK (NYSE:AME) last posted 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 during the quarter, compared to analyst estimates of $1.95 billion. During the same period in the previous year, the business posted $1.78 EPS. The company’s quarterly revenue was up 15.0% on a year-over-year basis. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. Equities analysts anticipate that AMETEK, Inc. will post 8.33 EPS for the current year.

AMETEK Dividend Announcement

The business 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 $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, September 15th. AMETEK’s payout ratio is presently 19.88%.

Insider Activity at AMETEK

In other news, insider David F. Hermance sold 6,608 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $254.00, for a total transaction 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 represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company 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.