AMETEK (NYSE:AME) Insider Sells 6,608 Shares

AMETEK, Inc. (NYSE:AME) insider David Hermance sold 6,608 shares of the company’s 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 owned 42,509 shares in the company, valued at approximately $10,797,286. This represents a 13.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

AMETEK Stock Performance

NYSE AME traded down $0.92 on Monday, hitting $252.74. 995,372 shares of the company’s stock traded hands, compared to its average volume of 1,281,416. The company has a current ratio of 1.21, a quick ratio of 0.76 and a debt-to-equity ratio of 0.09. AMETEK, Inc. has a 1-year low of $179.24 and a 1-year high of $257.95. The firm’s 50-day moving average price is $236.09 and its two-hundred day moving average price is $229.98. The firm has a market capitalization of $57.93 billion, a PE ratio of 36.95, a P/E/G ratio of 3.24 and a beta of 0.98.

AMETEK (NYSE:AME) last released 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 net margin of 20.04% and a return on equity of 16.93%. The firm had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same quarter in the prior year, the business earned $1.78 earnings per share. The business’s quarterly 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. As a group, analysts expect that AMETEK, Inc. will post 8.33 EPS for the current year.

AMETEK Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 15th. AMETEK’s dividend payout ratio (DPR) is currently 19.88%.

Analyst Ratings Changes

A number of analysts have recently commented on AME shares. Wall Street Zen downgraded 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 set a $290.00 price target on shares of AMETEK in a research report on Wednesday, August 5th. KeyCorp boosted their price target on AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Mizuho set a $270.00 price objective on AMETEK in a research report on Friday, May 1st. Finally, Truist Financial raised their price objective on shares of AMETEK from $303.00 to $316.00 and gave the stock a “buy” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $266.80.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Sivia Capital Partners LLC acquired a new position in AMETEK in the 2nd quarter worth about $295,000. Baird Financial Group Inc. grew its holdings in AMETEK by 16.1% in the second quarter. Baird Financial Group Inc. now owns 16,784 shares of the technology company’s stock valued at $3,037,000 after purchasing an additional 2,323 shares during the period. NewEdge Advisors LLC grew its holdings in AMETEK by 65.0% in the second quarter. NewEdge Advisors LLC now owns 3,946 shares of the technology company’s stock valued at $714,000 after purchasing an additional 1,555 shares during the period. Sei Investments Co. increased its position in shares of AMETEK by 38.2% in the second quarter. Sei Investments Co. now owns 223,227 shares of the technology company’s stock valued at $40,392,000 after buying an additional 61,672 shares in the last quarter. Finally, Squarepoint Ops LLC increased its position in shares of AMETEK by 105.3% in the second quarter. Squarepoint Ops LLC now owns 158,274 shares of the technology company’s stock valued at $28,641,000 after buying an additional 81,178 shares in the last quarter. Institutional investors and hedge funds own 87.43% 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.