Nisa Investment Advisors LLC lifted its position in AMETEK, Inc. (NYSE:AME – Free Report) by 6.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 69,646 shares of the technology company’s stock after acquiring an additional 4,083 shares during the quarter. Nisa Investment Advisors LLC’s holdings in AMETEK were worth $17,253,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in AME. Root Financial Partners LLC lifted its stake in AMETEK by 18.3% during the first quarter. Root Financial Partners LLC now owns 323 shares of the technology company’s stock worth $69,000 after purchasing an additional 50 shares during the last quarter. Advocacy Wealth Management LLC boosted its holdings in AMETEK by 1.0% in the second quarter. Advocacy Wealth Management LLC now owns 5,422 shares of the technology company’s stock worth $1,312,000 after purchasing an additional 52 shares during the period. Drucker Wealth 3.0 LLC increased its stake in AMETEK by 4.7% during the first quarter. Drucker Wealth 3.0 LLC now owns 1,187 shares of the technology company’s stock valued at $255,000 after purchasing an additional 53 shares during the last quarter. Diversify Advisory Services LLC increased its stake in AMETEK by 1.9% during the third quarter. Diversify Advisory Services LLC now owns 3,476 shares of the technology company’s stock valued at $864,000 after purchasing an additional 65 shares during the last quarter. Finally, Earned Wealth Advisors LLC raised its holdings in shares of AMETEK by 5.9% during the first quarter. Earned Wealth Advisors LLC now owns 1,209 shares of the technology company’s stock worth $259,000 after purchasing an additional 67 shares during the period. 87.43% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
AME has been the topic of several research reports. Zacks Research upgraded shares of AMETEK from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 6th. Citigroup lifted their target price on AMETEK from $261.00 to $263.00 and gave the company a “neutral” rating in a research note on Monday, October 12th. Weiss Ratings raised AMETEK from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday, October 8th. BMO Capital Markets increased their price target on AMETEK from $262.00 to $282.00 in a research report on Wednesday, August 5th. Finally, Robert W. Baird raised their price target on AMETEK from $275.00 to $280.00 and gave the stock a “neutral” rating in a report on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $274.41.
Check Out Our Latest Stock Report on AME
AMETEK Stock Up 1.2%
AMETEK stock opened at $250.43 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21. AMETEK, Inc. has a one year low of $182.87 and a one year high of $261.16. The company has a 50-day simple moving average of $244.11 and a 200-day simple moving average of $237.60. The firm has a market capitalization of $57.40 billion, a P/E ratio of 36.61, a P/E/G ratio of 2.34 and a beta of 0.96.
AMETEK (NYSE:AME – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $1.99 by $0.10. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The firm had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same period last year, the firm posted $1.78 EPS. AMETEK’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. As a group, equities analysts expect that AMETEK, Inc. will post 8.41 earnings per share for the current year.
AMETEK Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid 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 yield of 0.5%. AMETEK’s payout ratio is presently 19.88%.
Insiders Place Their Bets
In other AMETEK news, insider David Hermance sold 6,608 shares of the business’s stock in a transaction 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 completion of 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.54% of the stock is owned by insiders.
AMETEK Company Profile
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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