Portfolio Design Labs LLC Makes New Investment in AMETEK, Inc. $AME

Portfolio Design Labs LLC acquired a new position in shares of AMETEK, Inc. (NYSE:AME) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 10,915 shares of the technology company’s stock, valued at approximately $2,641,000.

A number of other institutional investors have also added to or reduced their stakes in AME. Florida Financial Advisors LLC raised its stake in AMETEK by 2.2% in the fourth quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company’s stock worth $406,000 after buying an additional 43 shares in the last quarter. Plato Investment Management Ltd increased its position in AMETEK by 0.4% during the 4th quarter. Plato Investment Management Ltd now owns 10,751 shares of the technology company’s stock valued at $2,218,000 after buying an additional 47 shares in the last quarter. Allegiance Financial Group Advisory Services LLC raised its position in shares of AMETEK by 4.0% in the 4th quarter. Allegiance Financial Group Advisory Services LLC now owns 1,254 shares of the technology company’s stock valued at $257,000 after purchasing an additional 48 shares during the last quarter. Washington Trust Advisors Inc. raised its holdings in shares of AMETEK by 6.2% in the fourth quarter. Washington Trust Advisors Inc. now owns 850 shares of the technology company’s stock worth $175,000 after buying an additional 50 shares during the last quarter. Finally, Root Financial Partners LLC raised its stake in AMETEK by 18.3% in the 1st quarter. Root Financial Partners LLC now owns 323 shares of the technology company’s stock worth $69,000 after acquiring an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Insider Activity

In other news, insider David F. Hermance sold 6,608 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was 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 of the company’s stock, valued at approximately $10,797,286. This represents a 13.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.54% of the company’s stock.

AMETEK Trading Down 1.5%

Shares of NYSE AME opened at $239.54 on Friday. The stock has a market capitalization of $54.90 billion, a PE ratio of 35.02, a PEG ratio of 3.11 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. The stock has a fifty day simple moving average of $240.65 and a 200-day simple moving average of $231.93.

AMETEK (NYSE:AME) last posted its quarterly earnings data 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 business had revenue of $2.04 billion during the quarter, compared to analyst estimates of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The business’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same quarter last 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. On average, equities analysts forecast that AMETEK, Inc. will post 8.32 earnings per share for the current year.

AMETEK Announces Dividend

The company 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 dividend on an annualized basis and a yield of 0.6%. AMETEK’s payout ratio is currently 19.88%.

Analysts Set New Price Targets

AME has been the subject of a number of recent research reports. Barclays raised their price target on shares of AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. Robert W. Baird set a $275.00 price target on AMETEK in a report on Wednesday, August 5th. Royal Bank Of Canada increased their price objective on shares of AMETEK from $260.00 to $291.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. DA Davidson raised their target price on AMETEK from $265.00 to $285.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, Citigroup boosted their price target on shares of AMETEK from $257.00 to $261.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $266.80.

Trending Headlines about AMETEK

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: Broad EPS upgrades: Zacks raised its AMETEK earnings forecasts across multiple periods, including Q3 2026 EPS to $2.08 from $2.00 and full-year 2026 EPS to $8.27 from $8.07. It also increased FY2027 EPS to $8.74 from $8.47 and FY2028 EPS to $9.33 from $9.10. AMETEK earnings estimate revisions
• Positive Sentiment: Improved longer-term outlook: Zacks also lifted estimates for Q1 and Q2 2027, Q3 and Q4 2027, and Q1 and Q2 2028. The revisions imply continued earnings growth and put Zacks’ FY2028 forecast above the current-year consensus estimate of $8.33 per share. AMETEK analyst estimates
• Neutral Sentiment: Limited immediate catalyst: The estimate changes are favorable but relate mainly to future quarters and do not represent a new contract, acquisition, or change to company guidance. Zacks’ FY2026 forecast of $8.27 remains slightly below the broader consensus estimate of $8.33.
• Negative Sentiment: Valuation may be weighing on the shares: AMETEK trades at roughly 35 times earnings and near its 52-week high. That elevated valuation could encourage profit-taking or require stronger near-term results to drive additional upside, potentially explaining the stock’s weakness despite the positive estimate revisions.

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.