Quantbot Technologies LP Buys Shares of 30,189 AMETEK, Inc. $AME

Quantbot Technologies LP purchased a new position in AMETEK, Inc. (NYSE:AME) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 30,189 shares of the technology company’s stock, valued at approximately $7,304,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sivia Capital Partners LLC bought a new position in AMETEK in the second quarter worth approximately $295,000. Baird Financial Group Inc. boosted its position in AMETEK by 16.1% during the 2nd quarter. Baird Financial Group Inc. now owns 16,784 shares of the technology company’s stock valued at $3,037,000 after acquiring an additional 2,323 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of AMETEK by 65.0% in the 2nd quarter. NewEdge Advisors LLC now owns 3,946 shares of the technology company’s stock valued at $714,000 after acquiring an additional 1,555 shares during the period. Sei Investments Co. raised its position in shares of AMETEK by 38.2% in the 2nd quarter. Sei Investments Co. now owns 223,227 shares of the technology company’s stock worth $40,392,000 after acquiring an additional 61,672 shares in the last quarter. Finally, Squarepoint Ops LLC lifted its stake in shares of AMETEK by 105.3% during the 2nd quarter. Squarepoint Ops LLC now owns 158,274 shares of the technology company’s stock worth $28,641,000 after purchasing an additional 81,178 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on AME. DA Davidson lifted their target price on AMETEK from $265.00 to $285.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Rothschild & Co Redburn set a $265.00 price target on shares of AMETEK in a report on Thursday, June 18th. Truist Financial lifted their price objective 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. BNP Paribas Exane upped their price target on AMETEK from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Finally, Morgan Stanley increased their price objective on AMETEK from $235.00 to $245.00 and gave the company an “equal weight” rating in a report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $266.80.

Insider Buying and Selling at AMETEK

In related news, insider David F. Hermance sold 6,608 shares of the firm’s stock in a transaction on 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 transaction, the insider owned 42,509 shares of the company’s stock, valued at $10,797,286. This trade represents a 13.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.54% of the stock is owned by insiders.

AMETEK Price Performance

NYSE AME opened at $239.67 on Friday. The company has a market cap of $54.93 billion, a price-to-earnings ratio of 35.04, a PEG ratio of 3.06 and a beta of 0.98. 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’s fifty day moving average price is $240.90 and its 200 day moving average price is $231.99. AMETEK, Inc. has a 1 year low of $179.24 and a 1 year high of $261.16.

AMETEK (NYSE:AME) last issued its earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $1.95 billion. During the same quarter in the prior year, the firm earned $1.78 earnings per share. AMETEK’s revenue for the quarter was up 15.0% on a year-over-year basis. 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 research analysts forecast that AMETEK, Inc. will post 8.32 earnings per share for the current year.

AMETEK Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 15th. AMETEK’s dividend payout ratio is 19.88%.

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.