Osterweis Capital Management Inc. Takes $27.99 Million Position in AMETEK, Inc. $AME

Osterweis Capital Management Inc. acquired a new position in shares of AMETEK, Inc. (NYSE:AME) in the 2nd quarter, HoldingsChannel reports. The fund acquired 115,696 shares of the technology company’s stock, valued at approximately $27,991,000. AMETEK makes up 1.3% of Osterweis Capital Management Inc.’s holdings, making the stock its 29th biggest holding.

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

Analyst Ratings Changes

Several analysts recently weighed in on AME shares. Weiss Ratings upgraded AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th. Wall Street Zen downgraded AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Citigroup upped their price target on AMETEK from $257.00 to $261.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Mizuho set a $270.00 price objective on AMETEK in a research report on Friday, May 1st. Finally, Seaport Research Partners restated a “buy” rating and issued a $290.00 price objective on shares of AMETEK in a research note on Wednesday, August 5th. One 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’s stock. According to MarketBeat, AMETEK has an average rating of “Moderate Buy” and a consensus price target of $266.80.

AMETEK Stock Up 1.1%

NYSE AME opened at $242.30 on Tuesday. AMETEK, Inc. has a twelve month low of $179.24 and a twelve month high of $261.16. The stock has a market cap of $55.53 billion, a PE ratio of 35.42, a PEG ratio of 3.06 and a beta of 0.98. The firm has a 50-day simple moving average of $241.14 and a 200 day simple moving average of $232.11. 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 issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.99 by $0.10. The firm had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The company’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same period in the previous year, the company 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, research analysts forecast that AMETEK, Inc. will post 8.32 EPS for the current year.

AMETEK Dividend Announcement

The company also recently disclosed 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 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 15th. AMETEK’s dividend payout ratio (DPR) is presently 19.88%.

Insider Activity

In related 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 completion of the transaction, the insider directly owned 42,509 shares in the company, valued at approximately $10,797,286. This represents a 13.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through 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.