67,966 Shares of AMETEK, Inc. $AME Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new stake in AMETEK, Inc. (NYSE:AME) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 67,966 shares of the technology company’s stock, valued at approximately $16,837,000.

Other large investors have also modified their holdings of the company. BlackRock Inc. acquired a new position in AMETEK in the second quarter worth about $4,725,928,000. Wellington Management Group LLP increased its holdings in AMETEK by 7.0% in the second quarter. Wellington Management Group LLP now owns 2,994,077 shares of the technology company’s stock valued at $724,387,000 after buying an additional 196,986 shares during the last quarter. Flossbach Von Storch SE acquired a new stake in AMETEK during the second quarter valued at approximately $662,352,000. Bank of New York Mellon Corp acquired a new stake in AMETEK during the second quarter valued at approximately $624,725,000. Finally, Dimensional Fund Advisors LP raised its stake in AMETEK by 1.4% during the first quarter. Dimensional Fund Advisors LP now owns 2,075,229 shares of the technology company’s stock valued at $444,788,000 after buying an additional 29,001 shares in the last quarter. Institutional investors own 87.43% of the company’s stock.

Insider Buying and Selling

In other AMETEK news, insider David Hermance sold 6,608 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $254.00, for a total value 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on AME. Zacks Research upgraded AMETEK from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 6th. Vertical Research initiated coverage on AMETEK in a report on Tuesday, September 8th. They issued a “buy” rating and a $255.00 price target for the company. Truist Financial upped their price target on AMETEK from $303.00 to $316.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Morgan Stanley set a $275.00 price objective on AMETEK in a research note on Friday, October 9th. Finally, Mizuho lifted their price objective on shares of AMETEK from $270.00 to $285.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $277.19.

More AMETEK News

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: Q3 adjusted earnings were $2.21 per share, above the roughly $2.11 analyst consensus and up from $1.89 a year earlier. Revenue rose 17.3% year over year to $2.22 billion, also topping estimates of about $2.12 billion. AMETEK Q3 results and guidance
• Positive Sentiment: The company raised its full-year guidance, forecasting 2026 EPS of $8.53–$8.57. Management also pointed to mid-teens sales growth following the Indicor deal, reinforcing expectations for acquisition-supported expansion. 2026 outlook
• Positive Sentiment: AMETEK Programmable Power was awarded a $29.8 million U.S. Air Force contract for VDATS kits. The award adds to potential business, though it is smaller than the company’s overall quarterly revenue. Air Force contract

AMETEK Stock Performance

AME stock opened at $249.51 on Wednesday. AMETEK, Inc. has a 1 year low of $188.47 and a 1 year high of $261.16. The stock has a market capitalization of $57.19 billion, a price-to-earnings ratio of 36.48, a PEG ratio of 2.29 and a beta of 0.96. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21. The stock’s fifty day moving average is $243.74 and its two-hundred day moving average is $234.40.

AMETEK (NYSE:AME) last released its quarterly earnings results on Tuesday, November 3rd. The technology company reported $2.21 EPS for the quarter, topping the consensus estimate of $2.11 by $0.10. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The business had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.12 billion. During the same quarter in the prior year, the firm earned $1.89 earnings per share. The company’s quarterly revenue was up 17.3% on a year-over-year basis. On average, research analysts predict that AMETEK, Inc. will post 8.41 EPS for the current year.

AMETEK Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a $0.34 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $1.36 annualized dividend and a yield of 0.5%. AMETEK’s dividend payout ratio is 19.88%.

AMETEK 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.