AMETEK, Inc. $AME Shares Sold by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. lessened its position in shares of AMETEK, Inc. (NYSE:AME) by 0.8% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 524,049 shares of the technology company’s stock after selling 4,354 shares during the quarter. Royal London Asset Management Ltd.’s holdings in AMETEK were worth $126,788,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Mufg Securities Americas Inc. raised its position in AMETEK by 8.4% in the second quarter. Mufg Securities Americas Inc. now owns 6,904 shares of the technology company’s stock valued at $1,670,000 after purchasing an additional 534 shares during the period. Van ECK Associates Corp purchased a new position in shares of AMETEK during the 2nd quarter worth $10,042,000. Nissay Asset Management Corp Japan grew its holdings in shares of AMETEK by 6.8% during the 2nd quarter. Nissay Asset Management Corp Japan now owns 238,352 shares of the technology company’s stock worth $57,667,000 after purchasing an additional 15,269 shares during the period. Hsbc Holdings PLC increased its position in shares of AMETEK by 7.8% during the 2nd quarter. Hsbc Holdings PLC now owns 1,250,040 shares of the technology company’s stock worth $302,345,000 after purchasing an additional 90,316 shares during the last quarter. Finally, Wellington Management Group LLP raised its holdings in AMETEK by 7.0% in the 2nd quarter. Wellington Management Group LLP now owns 2,994,077 shares of the technology company’s stock valued at $724,387,000 after buying an additional 196,986 shares during the period. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

AMETEK Stock Down 2.9%

Shares of AME opened at $236.66 on Friday. The stock has a market capitalization of $54.24 billion, a PE ratio of 34.60, a P/E/G ratio of 3.11 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 debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21. The company’s 50-day simple moving average is $241.73 and its 200-day simple moving average is $232.42.

AMETEK (NYSE:AME) last posted its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, beating the consensus estimate of $1.99 by $0.10. The business had revenue of $2.04 billion during 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%. The business’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same quarter last year, the firm posted $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. Analysts forecast that AMETEK, Inc. will post 8.33 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

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 paid a $0.34 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s payout ratio is 19.88%.

Insiders Place Their Bets

In other AMETEK news, insider David F. Hermance sold 6,608 shares of the stock in a transaction on 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 in the company, valued at approximately $10,797,286. This represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.54% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have commented on AME shares. TD Cowen reaffirmed a “buy” rating on shares of AMETEK in a research report on Thursday, August 6th. DA Davidson upped their price objective on shares of AMETEK from $265.00 to $285.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Mizuho set a $270.00 price objective on shares of AMETEK in a research report on Friday, May 1st. Royal Bank Of Canada lifted their target price on shares of AMETEK from $260.00 to $291.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Finally, Robert W. Baird set a $275.00 target price on AMETEK in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, AMETEK presently has a consensus rating of “Moderate Buy” and a consensus target price of $266.80.

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.