Ieq Capital LLC Takes Position in AMETEK, Inc. $AME

Ieq Capital LLC acquired a new stake in AMETEK, Inc. (NYSE:AME) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 48,110 shares of the technology company’s stock, valued at approximately $11,640,000.

Several other hedge funds and other institutional investors have also modified their holdings of AME. Frazier Financial Advisors LLC bought a new position in shares of AMETEK during the second quarter valued at $25,000. Elevation Wealth Partners LLC raised its stake in shares of AMETEK by 239.5% in the second quarter. Elevation Wealth Partners LLC now owns 129 shares of the technology company’s stock worth $31,000 after acquiring an additional 91 shares during the last quarter. MV Capital Management Inc. acquired a new position in AMETEK during the 4th quarter worth $28,000. Brown Lisle Cummings Inc. increased its position in AMETEK by 878.6% in the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after purchasing an additional 123 shares during the period. Finally, Darwin Wealth Management LLC bought a new stake in shares of AMETEK during the 2nd quarter valued at $25,000. Institutional investors own 87.43% of the company’s stock.

AMETEK Stock Up 0.2%

Shares of AME opened at $239.67 on Friday. The stock has a market capitalization of $54.93 billion, a PE ratio of 35.04, a P/E/G ratio of 3.06 and a beta of 0.98. AMETEK, Inc. has a 12 month low of $179.24 and a 12 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 firm’s 50 day moving average is $240.90 and its 200-day moving average is $231.99.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, topping analysts’ consensus estimates of $1.99 by $0.10. The company had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.AMETEK’s revenue was up 15.0% on a year-over-year basis. During the same quarter last year, the business earned $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. Equities research analysts forecast that AMETEK, Inc. will post 8.32 EPS for the current year.

AMETEK Announces Dividend

The firm also recently declared 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. The ex-dividend date is Tuesday, September 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is presently 19.88%.

Insider Buying and Selling

In other AMETEK news, insider David F. Hermance sold 6,608 shares of the business’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 owned 42,509 shares of the company’s stock, valued at approximately $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 Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on AME. TD Cowen reissued a “buy” rating on shares of AMETEK in a research note on Thursday, August 6th. Royal Bank Of Canada raised their price target on shares of AMETEK from $260.00 to $291.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Seaport Research Partners reiterated a “buy” rating and set a $290.00 target price on shares of AMETEK in a report on Wednesday, August 5th. KeyCorp raised their target price 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. Finally, Citigroup boosted their target price on shares of AMETEK from $257.00 to $261.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $266.80.

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.