James Hambro & Partners LLP raised its stake in shares of AMETEK, Inc. (NYSE:AME – Free Report) by 9.9% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 638,891 shares of the technology company’s stock after acquiring an additional 57,572 shares during the quarter. AMETEK makes up 5.5% of James Hambro & Partners LLP’s investment portfolio, making the stock its 8th largest position. James Hambro & Partners LLP’s holdings in AMETEK were worth $158,336,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of AME. Kaufman Rossin Wealth LLC purchased a new position in AMETEK in the 3rd quarter valued at about $257,000. Brown Lisle Cummings Inc. increased its stake in AMETEK by 210.3% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 481 shares of the technology company’s stock worth $119,000 after buying an additional 326 shares in the last quarter. IFP Advisors Inc raised its holdings in shares of AMETEK by 334.5% during the third quarter. IFP Advisors Inc now owns 19,361 shares of the technology company’s stock valued at $4,796,000 after acquiring an additional 14,905 shares during the last quarter. Frank Rimerman Advisors LLC raised its holdings in shares of AMETEK by 131.7% during the third quarter. Frank Rimerman Advisors LLC now owns 5,585 shares of the technology company’s stock valued at $1,384,000 after acquiring an additional 3,175 shares during the last quarter. Finally, USA Financial Formulas purchased a new position in shares of AMETEK in the third quarter valued at approximately $162,000. Institutional investors and hedge funds own 87.43% of the company’s stock.
AMETEK Price Performance
Shares of NYSE:AME traded down $0.20 during midday trading on Monday, hitting $247.97. The company had a trading volume of 491,179 shares, compared to its average volume of 1,300,612. AMETEK, Inc. has a twelve month low of $182.87 and a twelve month 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 stock has a market cap of $56.83 billion, a price-to-earnings ratio of 36.23, a price-to-earnings-growth ratio of 2.35 and a beta of 0.96. The business’s 50-day simple moving average is $244.55 and its 200-day simple moving average is $236.94.
AMETEK (NYSE:AME – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 earnings per share 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 return on equity of 16.93% and a net margin of 20.04%. The firm’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same quarter in the previous year, the company 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. On average, research analysts predict that AMETEK, Inc. will post 8.41 earnings per share for the current year.
AMETEK Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Tuesday, September 15th. AMETEK’s payout ratio is currently 19.88%.
Wall Street Analysts Forecast Growth
AME has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on AMETEK from $288.00 to $318.00 and gave the stock a “buy” rating in a research note on Wednesday, September 30th. BNP Paribas Exane increased their price objective on AMETEK from $280.00 to $290.00 and gave the company an “outperform” rating in a research note on Friday, September 11th. BMO Capital Markets raised their price objective on AMETEK from $262.00 to $282.00 in a report on Wednesday, August 5th. Mizuho lifted their target price on shares of AMETEK from $270.00 to $285.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Finally, Truist Financial upped their target price on shares of AMETEK from $303.00 to $316.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $274.41.
View Our Latest Research Report on AME
Insider Activity at AMETEK
In other news, insider David Hermance sold 6,608 shares of the business’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 transaction, the insider owned 42,509 shares of the company’s stock, valued at approximately $10,797,286. The trade was a 13.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.54% of the stock is currently owned by corporate insiders.
About AMETEK
AMETEK, Inc is a global manufacturer of industrial technology solutions. The company develops and produces advanced analytical, monitoring, testing, and measurement instruments, as well as engineered electromechanical products used in industrial, aerospace, defense, energy, medical, and other specialized markets.
AMETEK operates through two primary business groups: Electronic Instruments and Electromechanical. Its products include process and power monitoring systems, analytical instruments, automation and control technologies, aerospace and defense equipment, precision motion-control systems, motors, thermal-management solutions, engineered materials, and specialty metal products.
The company traces its roots to 1930 and has expanded through the development and acquisition of specialized technology businesses.
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