Corient Private Wealth LP Buys Shares of 100,245 AMETEK, Inc. $AME

Corient Private Wealth LP purchased a new stake in AMETEK, Inc. (NYSE:AME) during the second quarter, Holdings Channel.com reports. The firm purchased 100,245 shares of the technology company’s stock, valued at approximately $24,250,000.

Several other large investors have also recently made changes to their positions in the stock. Bamco Inc. NY purchased a new stake in shares of AMETEK during the 2nd quarter worth $406,000. Bank of America Corp DE purchased a new position in AMETEK in the second quarter valued at about $391,801,000. Port Capital LLC bought a new position in AMETEK in the second quarter worth about $102,432,000. Freestone Grove Partners LP purchased a new stake in shares of AMETEK during the second quarter valued at about $81,539,000. Finally, Caisse de depot et placement du Quebec purchased a new stake in shares of AMETEK during the second quarter valued at about $57,622,000. 87.43% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on AME shares. Robert W. Baird set a $275.00 price objective on shares of AMETEK in a research report on Wednesday, August 5th. Seaport Research Partners reissued a “buy” rating and set a $290.00 target price on shares of AMETEK in a research report on Wednesday, August 5th. Morgan Stanley raised their target price on shares of AMETEK from $235.00 to $245.00 and gave the company an “equal weight” rating in a research note on Friday, July 10th. Royal Bank Of Canada lifted their price target on shares of AMETEK from $260.00 to $291.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, AMETEK has an average rating of “Moderate Buy” and a consensus price target of $266.80.

AMETEK Trading Down 2.9%

AMETEK stock opened at $236.66 on Friday. The stock has a 50-day moving average price of $241.73 and a 200 day moving average price of $232.42. The company has a market capitalization of $54.24 billion, a price-to-earnings ratio of 34.60, a price-to-earnings-growth ratio of 3.11 and a beta of 0.98. AMETEK, Inc. has a 52 week low of $179.24 and a 52 week high of $261.16. 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 issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, topping 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 company had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the prior year, the company earned $1.78 EPS. AMETEK’s quarterly revenue 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. Sell-side analysts anticipate that AMETEK, Inc. will post 8.33 EPS for the current year.

AMETEK Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.34 per share. 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 (DPR) is 19.88%.

Insider Transactions at AMETEK

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