10,751 Shares in AMETEK, Inc. $AME Acquired by Plato Investment Management Ltd

Plato Investment Management Ltd purchased a new position in AMETEK, Inc. (NYSE:AME) during the second quarter, Holdings Channel reports. The firm purchased 10,751 shares of the technology company’s stock, valued at approximately $2,586,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Darwin Wealth Management LLC acquired a new stake in AMETEK during the second quarter worth about $25,000. MV Capital Management Inc. bought a new stake in shares of AMETEK during the 4th quarter worth approximately $28,000. Brown Lisle Cummings Inc. boosted its position in shares of AMETEK by 878.6% during the 1st quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after acquiring an additional 123 shares in the last quarter. BOKF NA increased its stake in AMETEK by 137.7% in the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after acquiring an additional 84 shares during the last quarter. Finally, SJS Investment Consulting Inc. lifted its stake in AMETEK by 393.1% during the first quarter. SJS Investment Consulting Inc. now owns 143 shares of the technology company’s stock worth $31,000 after purchasing an additional 114 shares during the last quarter. Institutional investors own 87.43% of the company’s stock.

AMETEK Stock Performance

NYSE AME opened at $254.98 on Monday. The company has a market capitalization of $58.44 billion, a price-to-earnings ratio of 37.28, a PEG ratio of 3.26 and a beta of 0.98. AMETEK, Inc. has a twelve month low of $179.24 and a twelve month high of $261.16. The stock has a fifty day simple moving average of $238.97 and a 200 day simple moving average of $231.27. 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 earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, topping the consensus estimate of $1.99 by $0.10. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The firm had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same period in the previous year, the business earned $1.78 EPS. The business’s quarterly revenue was up 15.0% compared to the same quarter last year. 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 expect that AMETEK, Inc. will post 8.33 EPS for the current year.

AMETEK Announces Dividend

The business also recently disclosed 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. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 15th. AMETEK’s payout ratio is currently 19.88%.

Insider Buying and Selling

In related news, insider David F. Hermance sold 6,608 shares of the company’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 value of $1,678,432.00. Following the sale, the insider directly owned 42,509 shares in the company, valued at $10,797,286. This represents a 13.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.54% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

AME has been the topic of several recent analyst reports. Truist Financial lifted their price target on AMETEK from $303.00 to $316.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Seaport Research Partners reissued a “buy” rating and issued a $290.00 target price on shares of AMETEK in a report on Wednesday, August 5th. Mizuho set a $270.00 price target on shares of AMETEK in a report on Friday, May 1st. Morgan Stanley upped their price objective on shares of AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Friday, July 10th. Finally, Wall Street Zen downgraded AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. One research 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 MarketBeat.com, AMETEK presently has an average rating of “Moderate Buy” and a consensus price target of $266.80.

AMETEK Company 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.