Hsbc Holdings PLC Purchases New Stake in AMETEK, Inc. $AME

Hsbc Holdings PLC acquired a new stake in AMETEK, Inc. (NYSE:AME) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,250,040 shares of the technology company’s stock, valued at approximately $302,345,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. acquired a new stake in AMETEK during the second quarter worth approximately $4,725,928,000. State Street Corp lifted its holdings in shares of AMETEK by 2.0% during the fourth quarter. State Street Corp now owns 9,956,361 shares of the technology company’s stock worth $2,044,140,000 after buying an additional 192,677 shares in the last quarter. Geode Capital Management LLC increased its position in AMETEK by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 5,891,236 shares of the technology company’s stock worth $1,204,722,000 after acquiring an additional 37,651 shares during the period. Invesco Ltd. raised its stake in AMETEK by 4.9% in the 3rd quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock worth $839,141,000 after purchasing an additional 209,043 shares in the last quarter. Finally, Norges Bank bought a new stake in AMETEK in the 4th quarter valued at about $831,372,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on AME shares. Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. TD Cowen reaffirmed a “buy” rating on shares of AMETEK in a research note on Thursday, August 6th. Royal Bank Of Canada increased 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. Citigroup boosted their price objective on shares of AMETEK from $257.00 to $261.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Finally, Robert W. Baird set a $275.00 price target on AMETEK in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $266.80.

AMETEK Stock Performance

NYSE:AME opened at $241.83 on Wednesday. The stock’s 50-day moving average is $241.33 and its 200-day moving average is $232.21. The stock has a market cap of $55.43 billion, a P/E ratio of 35.36, a price-to-earnings-growth ratio of 3.10 and a beta of 0.98. AMETEK, Inc. has a 1-year low of $179.24 and a 1-year high of $261.16. 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 (NYSE:AME) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, topping analysts’ consensus estimates of $1.99 by $0.10. The company had revenue of $2.04 billion for 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%. AMETEK’s revenue was up 15.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. Equities research analysts anticipate that AMETEK, Inc. will post 8.33 earnings per share for the current year.

AMETEK Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 15th. AMETEK’s dividend payout ratio is currently 19.88%.

Insider Activity

In other news, insider David F. Hermance sold 6,608 shares of the company’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 sale, the insider directly 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 is available through the SEC website. Company insiders own 0.54% of the company’s stock.

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.