AMETEK, Inc. $AME Shares Newly Bought by MBL Wealth LLC

MBL Wealth LLC acquired a new stake in AMETEK, Inc. (NYSE:AME) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,766 shares of the technology company’s stock, valued at approximately $933,000.

Other hedge funds have also added to or reduced their stakes in the company. Howland Capital Management LLC raised its stake in shares of AMETEK by 28.4% during the third quarter. Howland Capital Management LLC now owns 60,322 shares of the technology company’s stock valued at $14,944,000 after acquiring an additional 13,350 shares in the last quarter. Root Financial Partners LLC purchased a new stake in shares of AMETEK in the third quarter valued at approximately $223,000. JSF Financial LLC bought a new position in AMETEK in the third quarter worth approximately $1,575,000. Axxcess Wealth Management LLC bought a new position in AMETEK in the third quarter worth approximately $402,000. Finally, Sowell Financial Services LLC grew its stake in AMETEK by 5.3% in the third quarter. Sowell Financial Services LLC now owns 1,638 shares of the technology company’s stock worth $406,000 after purchasing an additional 82 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Vertical Research started coverage on AMETEK in a research report on Tuesday, September 8th. They set a “buy” rating and a $255.00 target price for the company. KeyCorp upped their target price on AMETEK from $260.00 to $295.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Truist Financial increased their price target on AMETEK from $303.00 to $316.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Zacks Research upgraded AMETEK from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 6th. Finally, Morgan Stanley set a $275.00 price objective on AMETEK in a report on Friday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, AMETEK has an average rating of “Moderate Buy” and an average target price of $274.41.

AMETEK Price Performance

NYSE AME opened at $239.88 on Friday. The company has a market cap of $54.98 billion, a PE ratio of 35.07, a P/E/G ratio of 2.26 and a beta of 0.96. The firm’s 50 day moving average price is $243.45 and its 200-day moving average price is $237.76. 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, Inc. has a 52-week low of $182.87 and a 52-week high of $261.16.

AMETEK (NYSE:AME) last issued its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. AMETEK’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same quarter in the previous 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. Sell-side analysts forecast that AMETEK, Inc. will post 8.41 EPS for the current fiscal year.

AMETEK Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, September 15th. AMETEK’s payout ratio is presently 19.88%.

Insider Activity at AMETEK

In related news, insider David 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 transaction of $1,678,432.00. Following the completion of the sale, the insider directly owned 42,509 shares in the company, valued at $10,797,286. This represents a 13.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.54% of the company’s stock.

AMETEK Company Profile

AMETEK, Inc is a global manufacturer of industrial technology solutions. The company develops and produces advanced analytical, monitoring, testing, and measurement instruments, as well as engineered electromechanical products used in industrial, aerospace, defense, energy, medical, and other specialized markets.

AMETEK operates through two primary business groups: Electronic Instruments and Electromechanical. Its products include process and power monitoring systems, analytical instruments, automation and control technologies, aerospace and defense equipment, precision motion-control systems, motors, thermal-management solutions, engineered materials, and specialty metal products.

The company traces its roots to 1930 and has expanded through the development and acquisition of specialized technology businesses.