Nippon Life Global Investors Americas Inc. bought a new stake in AMETEK, Inc. (NYSE:AME – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 6,620 shares of the technology company’s stock, valued at approximately $1,602,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Darwin Wealth Management LLC purchased a new position in AMETEK during the second quarter worth approximately $25,000. MV Capital Management Inc. purchased a new stake in shares of AMETEK during the 4th quarter valued at $28,000. Brown Lisle Cummings Inc. increased its holdings 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 buying an additional 123 shares during the last quarter. BOKF NA increased its holdings in shares of AMETEK by 137.7% during the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after buying an additional 84 shares during the last quarter. Finally, SJS Investment Consulting Inc. raised its position in shares of AMETEK by 393.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 143 shares of the technology company’s stock worth $31,000 after buying an additional 114 shares during the period. Institutional investors and hedge funds own 87.43% of the company’s stock.
Insider Buying and Selling
In related news, insider David F. Hermance sold 6,608 shares of the stock in a transaction dated 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 completion of the transaction, the insider owned 42,509 shares of the company’s stock, valued at approximately $10,797,286. This represents a 13.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.54% of the company’s stock.
Analyst Ratings Changes
View Our Latest Analysis on AMETEK
AMETEK Price Performance
AME opened at $254.98 on Monday. The company has a fifty day simple moving average of $238.97 and a 200 day simple moving average of $231.27. The firm has a market cap 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 company has a current ratio of 1.21, a quick ratio of 0.76 and a debt-to-equity ratio of 0.09.
AMETEK (NYSE:AME – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.99 by $0.10. The firm had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The firm’s quarterly revenue was up 15.0% on a year-over-year basis. During the same quarter in the previous year, the firm 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. Equities research analysts expect that AMETEK, Inc. will post 8.33 EPS for the current fiscal year.
AMETEK Announces Dividend
The firm also recently declared 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. The ex-dividend date is Tuesday, September 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.5%. AMETEK’s payout ratio is 19.88%.
AMETEK 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.
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