Hsbc Holdings PLC Buys Shares of 1,250,040 AMETEK, Inc. $AME

Hsbc Holdings PLC bought a new position in shares of AMETEK, Inc. (NYSE:AME) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,250,040 shares of the technology company’s stock, valued at approximately $302,345,000. Hsbc Holdings PLC owned about 0.55% of AMETEK at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Frazier Financial Advisors LLC bought a new stake in shares of AMETEK in the 2nd quarter valued at $25,000. Fiduciary Financial Advisors bought a new position in AMETEK during the second quarter worth about $27,000. Elevation Wealth Partners LLC grew its stake in AMETEK by 239.5% in the second quarter. Elevation Wealth Partners LLC now owns 129 shares of the technology company’s stock valued at $31,000 after acquiring an additional 91 shares during the period. MV Capital Management Inc. bought a new stake in shares of AMETEK in the fourth quarter worth about $28,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of AMETEK during the second quarter worth about $25,000. 87.43% of the stock is owned by institutional investors.

AMETEK Price Performance

NYSE:AME opened at $241.83 on Wednesday. AMETEK, Inc. has a 52-week low of $179.24 and a 52-week high of $261.16. The company has a market cap of $55.43 billion, a P/E ratio of 35.36, a P/E/G ratio of 3.10 and a beta of 0.98. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21. The stock’s 50-day simple moving average is $241.33 and its 200 day simple moving average is $232.21.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, beating the consensus estimate of $1.99 by $0.10. The firm had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The business’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the firm 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. As a group, sell-side analysts forecast that AMETEK, Inc. will post 8.33 EPS for the current fiscal year.

AMETEK Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders 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 dividend on an annualized basis and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 19.88%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Truist Financial boosted their price objective on AMETEK from $303.00 to $316.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. TD Cowen restated a “buy” rating on shares of AMETEK in a report on Thursday, August 6th. Morgan Stanley boosted their price objective on shares of AMETEK from $235.00 to $245.00 and gave the company an “equal weight” rating in a research report on Friday, July 10th. KeyCorp increased their target price on AMETEK from $260.00 to $295.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Finally, Mizuho set a $270.00 price target on AMETEK in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, AMETEK has an average rating of “Moderate Buy” and a consensus price target of $266.80.

Insider Activity at AMETEK

In other news, insider David F. 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 directly owned 42,509 shares in the company, valued at $10,797,286. The trade was a 13.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.54% of the stock is currently owned by company insiders.

About AMETEK

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.