United Capital Financial Advisors LLC Purchases Shares of 5,688 AMETEK, Inc. $AME

United Capital Financial Advisors LLC acquired a new stake in AMETEK, Inc. (NYSE:AME) during the second quarter, Holdings Channel reports. The institutional investor acquired 5,688 shares of the technology company’s stock, valued at approximately $1,376,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of AME. Frazier Financial Advisors LLC acquired a new stake in AMETEK during the second quarter worth about $25,000. Darwin Wealth Management LLC acquired a new stake in shares of AMETEK during the 2nd quarter valued at about $25,000. Fiduciary Financial Advisors acquired a new position in AMETEK in the 2nd quarter worth about $27,000. MV Capital Management Inc. purchased a new position in AMETEK during the fourth quarter worth approximately $28,000. Finally, Brown Lisle Cummings Inc. grew its holdings in AMETEK by 878.6% in the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock valued at $29,000 after purchasing an additional 123 shares during the period. Institutional investors and hedge funds own 87.43% of the company’s stock.

Analysts Set New Price Targets

AME has been the subject of several research analyst reports. BNP Paribas Exane upped their target price on AMETEK from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Wall Street Zen lowered shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Citigroup increased their price objective on shares of AMETEK from $257.00 to $261.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. DA Davidson lifted their target price on shares of AMETEK from $265.00 to $285.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, KeyCorp raised their price target on shares of AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, AMETEK currently has an average rating of “Moderate Buy” and an average price target of $266.80.

AMETEK Stock Down 2.9%

AME stock opened at $236.66 on Friday. The company has a current ratio of 1.21, a quick ratio of 0.76 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average of $241.73 and a two-hundred day moving average of $232.42. AMETEK, Inc. has a 12 month low of $179.24 and a 12 month high of $261.16. The company has a market cap of $54.24 billion, a price-to-earnings ratio of 34.60, a PEG ratio of 3.02 and a beta of 0.98.

AMETEK (NYSE:AME) last posted its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (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 business had revenue of $2.04 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same period in the prior year, the business earned $1.78 earnings per share. The business’s 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, analysts forecast that AMETEK, Inc. will post 8.33 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.34 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 19.88%.

Insider Buying and Selling

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

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.