Twin Tree Management LP Makes New $1.78 Million Investment in AMETEK, Inc. $AME

Twin Tree Management LP acquired a new position in shares of AMETEK, Inc. (NYSE:AME) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 7,361 shares of the technology company’s stock, valued at approximately $1,781,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in AMETEK in the 2nd quarter valued at $4,725,928,000. State Street Corp increased its position in AMETEK by 2.0% during the 4th quarter. State Street Corp now owns 9,956,361 shares of the technology company’s stock worth $2,044,140,000 after buying an additional 192,677 shares during the period. Geode Capital Management LLC increased its position in AMETEK by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 5,891,236 shares of the technology company’s stock worth $1,204,722,000 after buying an additional 37,651 shares during the period. Invesco Ltd. lifted its holdings in shares of AMETEK by 4.9% during the third quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock worth $839,141,000 after buying an additional 209,043 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of AMETEK during the fourth quarter worth $831,372,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

AMETEK Stock Up 0.2%

Shares of NYSE AME opened at $239.67 on Friday. The stock has a market capitalization of $54.93 billion, a P/E ratio of 35.04, a PEG ratio of 3.06 and a beta of 0.98. The stock’s fifty day moving average is $240.90 and its 200 day moving average is $231.99. AMETEK, Inc. has a 52 week low of $179.24 and a 52 week high of $261.16. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21.

AMETEK (NYSE:AME) last posted its quarterly earnings data 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. The business had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. AMETEK’s revenue was up 15.0% compared to the same quarter last year. During the same quarter in the prior year, the business 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. Sell-side analysts forecast that AMETEK, Inc. will post 8.32 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. This represents a $1.36 dividend on an annualized basis 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%.

Insider Buying and Selling at AMETEK

In related news, insider David F. Hermance sold 6,608 shares of the stock in a transaction that occurred 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 sale, the insider owned 42,509 shares in the company, valued at approximately $10,797,286. This trade represents a 13.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Mizuho set a $270.00 price target on shares of AMETEK in a research note on Friday, May 1st. Rothschild & Co Redburn set a $265.00 price objective on shares of AMETEK in a report on Thursday, June 18th. KeyCorp increased their target price on shares of AMETEK from $260.00 to $295.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Seaport Research Partners reaffirmed a “buy” rating and set a $290.00 target price on shares of AMETEK in a report on Wednesday, August 5th. Finally, Weiss Ratings upgraded shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, AMETEK currently has an average rating of “Moderate Buy” and a consensus target price of $266.80.

AMETEK 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.