Odyssean LLC Raises Holdings in AMETEK, Inc. $AME

Odyssean LLC lifted its stake in AMETEK, Inc. (NYSE:AME) by 276.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,677 shares of the technology company’s stock after purchasing an additional 6,371 shares during the quarter. Odyssean LLC’s holdings in AMETEK were worth $2,099,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of AME. Frazier Financial Advisors LLC acquired a new position in shares of AMETEK in the 2nd quarter valued at $25,000. Fiduciary Financial Advisors purchased a new stake in AMETEK during the 2nd quarter valued at about $27,000. Elevation Wealth Partners LLC increased its holdings in shares of AMETEK by 239.5% in the second quarter. Elevation Wealth Partners LLC now owns 129 shares of the technology company’s stock valued at $31,000 after purchasing an additional 91 shares during the period. MV Capital Management Inc. purchased a new position in shares of AMETEK in the fourth quarter worth about $28,000. Finally, Darwin Wealth Management LLC purchased a new stake in AMETEK in the second quarter valued at approximately $25,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Price Performance

Shares of NYSE AME opened at $241.83 on Wednesday. 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 stock has a market capitalization of $55.43 billion, a price-to-earnings ratio of 35.36, a PEG ratio of 3.10 and a beta of 0.98. The firm’s 50 day simple moving average is $241.33 and its 200-day simple moving average is $232.21. AMETEK, Inc. has a 12 month low of $179.24 and a 12 month high of $261.16.

AMETEK (NYSE:AME) last posted its earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (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 firm had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same period in the previous year, the business posted $1.78 EPS. The business’s 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. Analysts expect that AMETEK, Inc. will post 8.33 EPS for the current year.

AMETEK Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid 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 of this dividend is Tuesday, September 15th. AMETEK’s dividend payout ratio is presently 19.88%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. DA Davidson raised their price target on shares of AMETEK from $265.00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Truist Financial increased 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, August 6th. KeyCorp raised their target price on shares of AMETEK from $260.00 to $295.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. TD Cowen reaffirmed a “buy” rating on shares of AMETEK in a report on Thursday, August 6th. Finally, Royal Bank Of Canada increased their price target on AMETEK from $260.00 to $291.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. 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 stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $266.80.

Insider Activity at AMETEK

In related news, insider David F. Hermance sold 6,608 shares of the company’s 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 owned 42,509 shares of the company’s stock, valued at approximately $10,797,286. This represents a 13.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.54% of the stock is owned by company insiders.

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.