Wedmont Private Capital grew its holdings in AMETEK, Inc. (NYSE:AME – Free Report) by 159.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 9,559 shares of the technology company’s stock after buying an additional 5,875 shares during the period. Wedmont Private Capital’s holdings in AMETEK were worth $2,368,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of AME. Root Financial Partners LLC increased its position 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 worth $69,000 after purchasing an additional 50 shares during the last quarter. Advocacy Wealth Management LLC lifted its position in AMETEK by 1.0% in the second quarter. Advocacy Wealth Management LLC now owns 5,422 shares of the technology company’s stock valued at $1,312,000 after buying an additional 52 shares during the last quarter. Drucker Wealth 3.0 LLC boosted its stake in AMETEK by 4.7% during the first quarter. Drucker Wealth 3.0 LLC now owns 1,187 shares of the technology company’s stock worth $255,000 after buying an additional 53 shares during the period. Earned Wealth Advisors LLC boosted its position in shares of AMETEK by 5.9% during the 1st quarter. Earned Wealth Advisors LLC now owns 1,209 shares of the technology company’s stock worth $259,000 after purchasing an additional 67 shares during the period. Finally, Tobam boosted its position in shares of AMETEK by 32.3% during the fourth quarter. Tobam now owns 303 shares of the technology company’s stock worth $62,000 after buying an additional 74 shares during the period. 87.43% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities research analysts recently issued reports on the company. Rothschild & Co Redburn set a $265.00 price objective on AMETEK in a report on Thursday, June 18th. KeyCorp boosted their price objective on AMETEK from $260.00 to $295.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Truist Financial raised their price target on AMETEK from $303.00 to $316.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Morgan Stanley set a $275.00 price objective on shares of AMETEK in a research report on Friday. Finally, Vertical Research initiated coverage on shares of AMETEK in a report on Tuesday, September 8th. They issued a “buy” rating and a $255.00 target price for the company. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, AMETEK has an average rating of “Moderate Buy” and an average price target of $268.88.
Insiders Place Their Bets
In other AMETEK news, insider David Hermance sold 6,608 shares of the business’s stock in a transaction 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 transaction, the insider directly owned 42,509 shares of the company’s stock, valued at approximately $10,797,286. The trade was a 13.45% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.54% of the stock is currently owned by company insiders.
Trending Headlines about AMETEK
Here are the key news stories impacting AMETEK this week:
- Positive Sentiment: Morgan Stanley raised its price target to $275 from $245, implying additional upside from recent trading levels and signaling increased confidence in AMETEK’s outlook. Morgan Stanley Adjusts Price Target on AMETEK to $275 From $245
- Positive Sentiment: Zacks Research upgraded AMETEK from Hold to Strong Buy and raised its estimates across multiple periods. Its forecasts increased to $8.40 EPS for fiscal 2026, $9.58 for fiscal 2027, and $10.66 for fiscal 2028, compared with previous estimates of $8.27, $8.74, and $9.33, respectively. AMETEK Upgraded to Strong-Buy at Zacks Research
- Positive Sentiment: Zacks also lifted quarterly EPS estimates, including Q3 2026 to $2.11 from $2.08, Q4 2026 to $2.23 from $2.13, Q1 2027 to $2.23 from $2.09, and Q3 2027 to $2.46 from $2.19. The increases suggest improving expectations for near- and longer-term operating performance.
- Positive Sentiment: A Zacks analysis identified AMETEK’s strong earnings-surprise history and favorable setup for another quarterly beat, potentially supporting investor optimism ahead of the next report. Why AMETEK Could Beat Earnings Estimates Again
- Neutral Sentiment: AMETEK is trading near its 12-month high and at roughly 36 times earnings, so the positive analyst revisions may already be partly reflected in the valuation. Continued upside could depend on the company meeting or exceeding its current guidance and consensus expectations.
AMETEK Stock Performance
Shares of AME stock opened at $248.55 on Friday. The stock’s 50-day moving average price is $244.83 and its 200 day moving average price is $235.49. 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 capitalization of $56.97 billion, a PE ratio of 36.34, a price-to-earnings-growth ratio of 2.34 and a beta of 0.96. AMETEK, Inc. has a 52-week low of $179.24 and a 52-week high of $261.16.
AMETEK (NYSE:AME – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.99 by $0.10. AMETEK had a return on equity of 16.93% and a net margin of 20.04%. The company had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same period last year, the firm earned $1.78 EPS. The firm’s revenue for the quarter 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. As a group, equities research analysts forecast that AMETEK, Inc. will post 8.42 EPS for the current year.
AMETEK Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were issued a dividend of $0.34 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.5%. AMETEK’s dividend payout ratio (DPR) is currently 19.88%.
AMETEK Company Profile
AMETEK, Inc (NYSE: AME) is a global manufacturer of industrial technology products. The company develops and produces electronic instruments and electromechanical devices used in process, industrial, aerospace, power, energy, and other specialized markets.
AMETEK’s Electronic Instruments segment supplies products such as process and analytical instruments, measurement and testing equipment, power-quality monitoring systems, automation and control solutions, and equipment for aerospace and defense applications.
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