Public Employees Retirement System of Ohio Purchases Shares of 109,557 AMETEK, Inc. $AME

Public Employees Retirement System of Ohio acquired a new position in AMETEK, Inc. (NYSE:AME) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 109,557 shares of the technology company’s stock, valued at approximately $26,506,000.

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 valued at about $4,725,928,000. Norges Bank acquired a new position in shares of AMETEK during the 4th quarter worth about $831,372,000. Flossbach Von Storch SE bought a new stake in AMETEK during the 2nd quarter valued at approximately $662,352,000. Bank of New York Mellon Corp acquired a new stake in AMETEK in the 2nd quarter valued at approximately $624,725,000. Finally, Wellington Management Group LLP increased its position in AMETEK by 302.9% in the 4th quarter. Wellington Management Group LLP now owns 2,807,664 shares of the technology company’s stock worth $576,441,000 after buying an additional 2,110,818 shares during the period. Institutional investors own 87.43% of the company’s stock.

Insider Buying and Selling at AMETEK

In related 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 $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 SEC, which is available through the SEC website. Company insiders own 0.54% of the company’s stock.

AMETEK Stock Performance

NYSE AME opened at $236.66 on Friday. 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 stock has a market cap of $54.24 billion, a P/E ratio of 34.60, a PEG ratio of 3.11 and a beta of 0.98. The company’s 50-day simple moving average is $241.73 and its 200 day simple moving average is $232.42.

AMETEK (NYSE:AME) last posted its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, topping the consensus estimate of $1.99 by $0.10. The company had revenue of $2.04 billion during the quarter, compared to analyst estimates of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The company’s revenue was up 15.0% on a year-over-year basis. During the same quarter last year, the business posted $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. As a group, research analysts forecast that AMETEK, Inc. will post 8.33 earnings per share for the current fiscal 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. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Tuesday, September 15th. AMETEK’s dividend payout ratio is presently 19.88%.

Analyst Ratings Changes

AME has been the topic of several research analyst reports. BNP Paribas Exane raised their price objective on shares of AMETEK from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Royal Bank Of Canada raised their price target on shares of AMETEK from $260.00 to $291.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Weiss Ratings raised shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. Finally, Rothschild & Co Redburn set a $265.00 target price on shares of AMETEK in a research note on Thursday, June 18th. One 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 company. Based on data from MarketBeat.com, the company has an average 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.