84,665 Shares in AMETEK, Inc. $AME Acquired by Commerce Bank

Commerce Bank acquired a new position in shares of AMETEK, Inc. (NYSE:AME) in the 2nd quarter, Holdings Channel reports. The fund acquired 84,665 shares of the technology company’s stock, valued at approximately $20,484,000.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of AMETEK during the second quarter worth about $4,725,928,000. Norges Bank acquired a new stake in shares of AMETEK in the 4th quarter valued at about $831,372,000. Flossbach Von Storch SE purchased a new position in AMETEK during the 2nd quarter worth approximately $662,352,000. Bank of New York Mellon Corp acquired a new position in AMETEK during the second quarter worth approximately $624,725,000. Finally, Wellington Management Group LLP increased its position in AMETEK by 302.9% during the fourth quarter. Wellington Management Group LLP now owns 2,807,664 shares of the technology company’s stock worth $576,441,000 after buying an additional 2,110,818 shares during the period. Institutional investors and hedge funds own 87.43% of the company’s stock.

AMETEK Trading Up 0.2%

Shares of AME stock opened at $239.67 on Friday. The business’s 50 day moving average is $240.90 and its two-hundred day moving average is $231.99. AMETEK, Inc. has a twelve month low of $179.24 and a twelve month high of $261.16. The company has a market capitalization of $54.93 billion, a P/E ratio of 35.04, a price-to-earnings-growth ratio of 3.06 and a beta of 0.98. The company has a current ratio of 1.21, a quick ratio of 0.76 and a debt-to-equity ratio of 0.09.

AMETEK (NYSE:AME) last released its 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 for the quarter, compared to analyst estimates of $1.95 billion. During the same quarter in the previous year, the company posted $1.78 earnings per share. The company’s revenue for the quarter 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. Equities analysts forecast that AMETEK, Inc. will post 8.32 EPS for the current year.

AMETEK Announces Dividend

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

Insider Buying and Selling 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.54% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. BNP Paribas Exane boosted their price objective on AMETEK from $270.00 to $280.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. TD Cowen reaffirmed a “buy” rating on shares of AMETEK in a report on Thursday, August 6th. Royal Bank Of Canada upped their price target on shares of AMETEK from $260.00 to $291.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Truist Financial raised their price objective on shares of AMETEK from $303.00 to $316.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, KeyCorp lifted their price objective 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 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 company. According to data from MarketBeat.com, AMETEK currently has an average rating of “Moderate Buy” and a consensus target price of $266.80.

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.