AMETEK, Inc. $AME Shares Sold by Raiffeisen Bank International AG

Raiffeisen Bank International AG lowered its position in shares of AMETEK, Inc. (NYSE:AME) by 26.7% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 35,180 shares of the technology company’s stock after selling 12,838 shares during the quarter. Raiffeisen Bank International AG’s holdings in AMETEK were worth $8,363,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. Florida Financial Advisors LLC lifted its position in AMETEK by 2.2% during the fourth quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company’s stock valued at $406,000 after buying an additional 43 shares in the last quarter. Plato Investment Management Ltd increased its position in shares of AMETEK by 0.4% in the fourth quarter. Plato Investment Management Ltd now owns 10,751 shares of the technology company’s stock worth $2,218,000 after acquiring an additional 47 shares in the last quarter. Allegiance Financial Group Advisory Services LLC raised its stake in shares of AMETEK by 4.0% in the 4th quarter. Allegiance Financial Group Advisory Services LLC now owns 1,254 shares of the technology company’s stock valued at $257,000 after acquiring an additional 48 shares during the period. Washington Trust Advisors Inc. lifted its holdings in shares of AMETEK by 6.2% during the 4th quarter. Washington Trust Advisors Inc. now owns 850 shares of the technology company’s stock valued at $175,000 after acquiring an additional 50 shares in the last quarter. Finally, Root Financial Partners LLC lifted its holdings in shares of AMETEK by 18.3% during the 1st quarter. Root Financial Partners LLC now owns 323 shares of the technology company’s stock valued at $69,000 after acquiring an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Insiders Place Their Bets

In other AMETEK news, insider David Hermance sold 6,608 shares of the firm’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 sale, the insider owned 42,509 shares in the company, valued at $10,797,286. This trade represents a 13.45% decrease in their position. The sale 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 Stock Performance

AMETEK stock opened at $233.88 on Friday. AMETEK, Inc. has a 12-month low of $179.24 and a 12-month high of $261.16. 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 $53.61 billion, a price-to-earnings ratio of 34.19, a price-to-earnings-growth ratio of 2.98 and a beta of 0.99. The firm’s fifty day moving average price is $241.36 and its 200 day moving average price is $232.46.

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, beating analysts’ consensus estimates of $1.99 by $0.10. The company had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The firm’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same period in the prior year, the company posted $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. On average, research analysts forecast that AMETEK, Inc. will post 8.33 EPS for the current fiscal year.

AMETEK Announces Dividend

The firm also recently declared 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 of this dividend is Tuesday, September 15th. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. AMETEK’s dividend payout ratio is currently 19.88%.

Analysts Set New Price Targets

AME has been the subject of several recent research reports. Rothschild & Co Redburn set a $265.00 price target on AMETEK in a report on Thursday, June 18th. Wall Street Zen cut AMETEK from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Seaport Research Partners reiterated a “buy” rating and issued a $290.00 target price on shares of AMETEK in a research note on Wednesday, August 5th. DA Davidson raised their target price on AMETEK from $265.00 to $285.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, 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 report on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $266.80.

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.