AMETEK, Inc. $AME Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its stake in AMETEK, Inc. (NYSE:AME) by 3.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,572,586 shares of the technology company’s stock after selling 59,498 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.69% of AMETEK worth $380,471,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Frazier Financial Advisors LLC acquired a new stake in AMETEK during the 2nd quarter worth $25,000. Darwin Wealth Management LLC acquired a new position in AMETEK in the second quarter valued at $25,000. Fiduciary Financial Advisors purchased a new position in shares of AMETEK during the second quarter worth about $27,000. MV Capital Management Inc. purchased a new position in shares of AMETEK during the fourth quarter worth about $28,000. Finally, Brown Lisle Cummings Inc. increased its position in shares of AMETEK by 878.6% during the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after purchasing an additional 123 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Analysts Set New Price Targets

AME has been the topic of a number of research reports. KeyCorp raised their price target on AMETEK from $260.00 to $295.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. TD Cowen reissued a “buy” rating on shares of AMETEK in a report on Thursday, August 6th. DA Davidson lifted their target price on shares of AMETEK from $265.00 to $285.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Citigroup increased their price target on shares of AMETEK from $257.00 to $261.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. One equities 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 company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $266.80.

AMETEK Price Performance

Shares of NYSE AME opened at $236.66 on Monday. The stock has a fifty day moving average price of $241.73 and a 200 day moving average price of $232.42. 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 current ratio of 1.21 and a quick ratio of 0.76. The company has a market cap of $54.24 billion, a PE ratio of 34.60, a P/E/G ratio of 3.02 and a beta of 0.98.

AMETEK (NYSE:AME) last announced its quarterly earnings data 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. The company had revenue of $2.04 billion for the quarter, compared to analysts’ expectations 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 period in the previous year, the company posted $1.78 EPS. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. Sell-side analysts forecast that AMETEK, Inc. will post 8.33 EPS for the current year.

AMETEK Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.34 dividend. 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 payout ratio is currently 19.88%.

Insider Transactions at AMETEK

In other AMETEK news, insider David F. Hermance sold 6,608 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $254.00, for a total transaction of $1,678,432.00. Following the transaction, the insider owned 42,509 shares in the company, valued at approximately $10,797,286. The trade was a 13.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.54% 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.