5,875 AMETEK, Inc. $AME Shares Purchased by Wedmont Private Capital

Wedmont Private Capital boosted its position in shares of AMETEK, Inc. (NYSE:AME) by 159.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,559 shares of the technology company’s stock after buying an additional 5,875 shares during the quarter. Wedmont Private Capital’s holdings in AMETEK were worth $2,368,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of AMETEK during the 2nd quarter valued at about $4,725,928,000. Flossbach Von Storch SE acquired a new position in AMETEK in the 2nd quarter worth about $662,352,000. Bank of New York Mellon Corp purchased a new position in AMETEK during the second quarter worth approximately $624,725,000. Bank of America Corp DE acquired a new stake in AMETEK in the second quarter valued at approximately $391,801,000. Finally, Man Group plc purchased a new stake in shares of AMETEK in the second quarter valued at approximately $356,499,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Key Headlines Impacting AMETEK

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: Morgan Stanley raised its price target to $275 from $245, implying additional upside from recent trading levels and signaling increased confidence in AMETEK’s outlook. Morgan Stanley Adjusts Price Target on AMETEK to $275 From $245
• Positive Sentiment: Zacks Research upgraded AMETEK from Hold to Strong Buy and raised its estimates across multiple periods. Its forecasts increased to $8.40 EPS for fiscal 2026, $9.58 for fiscal 2027, and $10.66 for fiscal 2028, compared with previous estimates of $8.27, $8.74, and $9.33, respectively. AMETEK Upgraded to Strong-Buy at Zacks Research
• Positive Sentiment: Zacks also lifted quarterly EPS estimates, including Q3 2026 to $2.11 from $2.08, Q4 2026 to $2.23 from $2.13, Q1 2027 to $2.23 from $2.09, and Q3 2027 to $2.46 from $2.19. The increases suggest improving expectations for near- and longer-term operating performance.
• Positive Sentiment: A Zacks analysis identified AMETEK’s strong earnings-surprise history and favorable setup for another quarterly beat, potentially supporting investor optimism ahead of the next report. Why AMETEK Could Beat Earnings Estimates Again
• Neutral Sentiment: AMETEK is trading near its 12-month high and at roughly 36 times earnings, so the positive analyst revisions may already be partly reflected in the valuation. Continued upside could depend on the company meeting or exceeding its current guidance and consensus expectations.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on AME. Vertical Research began coverage on AMETEK in a research report on Tuesday, September 8th. They set a “buy” rating and a $255.00 target price on the stock. Zacks Research upgraded shares of AMETEK from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Citigroup increased their price objective on shares of AMETEK from $257.00 to $261.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. TD Cowen reiterated a “buy” rating on shares of AMETEK in a research report on Thursday, August 6th. Finally, Truist Financial upped their price target on shares of AMETEK from $303.00 to $316.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, AMETEK presently has an average rating of “Moderate Buy” and a consensus price target of $268.88.

AMETEK Trading Up 0.4%

Shares of AME opened at $248.55 on Friday. AMETEK, Inc. has a 52-week low of $179.24 and a 52-week high of $261.16. The stock has a market cap of $56.97 billion, a PE ratio of 36.34, a price-to-earnings-growth ratio of 2.34 and a beta of 0.96. The firm’s fifty day moving average is $244.83 and its two-hundred day moving average is $235.49. The company has a quick ratio of 0.76, a current ratio of 1.21 and a debt-to-equity ratio of 0.09.

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 during 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 quarter in the prior year, the company earned $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. Research analysts forecast that AMETEK, Inc. will post 8.42 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.34 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.5%. AMETEK’s payout ratio is presently 19.88%.

Insider Activity

In related news, insider David Hermance sold 6,608 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $254.00, for a total transaction of $1,678,432.00. Following the completion of the sale, the insider directly owned 42,509 shares in the company, valued at approximately $10,797,286. This trade represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.54% of the company’s stock.

AMETEK Company Profile

AMETEK, Inc (NYSE: AME) is a global manufacturer of industrial technology products. The company develops and produces electronic instruments and electromechanical devices used in process, industrial, aerospace, power, energy, and other specialized markets.

AMETEK’s Electronic Instruments segment supplies products such as process and analytical instruments, measurement and testing equipment, power-quality monitoring systems, automation and control solutions, and equipment for aerospace and defense applications.