Sarasin & Partners LLP reduced its holdings in AMETEK, Inc. (NYSE:AME – Free Report) by 54.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 92,782 shares of the technology company’s stock after selling 109,009 shares during the period. Sarasin & Partners LLP’s holdings in AMETEK were worth $22,448,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Sivia Capital Partners LLC acquired a new stake in AMETEK during the 2nd quarter worth about $295,000. Baird Financial Group Inc. lifted its holdings in shares of AMETEK by 16.1% in the 2nd quarter. Baird Financial Group Inc. now owns 16,784 shares of the technology company’s stock valued at $3,037,000 after buying an additional 2,323 shares during the period. NewEdge Advisors LLC boosted its stake in shares of AMETEK by 65.0% in the second quarter. NewEdge Advisors LLC now owns 3,946 shares of the technology company’s stock worth $714,000 after buying an additional 1,555 shares during the last quarter. Sei Investments Co. boosted its stake in shares of AMETEK by 38.2% in the second quarter. Sei Investments Co. now owns 223,227 shares of the technology company’s stock worth $40,392,000 after buying an additional 61,672 shares during the last quarter. Finally, Squarepoint Ops LLC grew its holdings in AMETEK by 105.3% during the second quarter. Squarepoint Ops LLC now owns 158,274 shares of the technology company’s stock worth $28,641,000 after acquiring an additional 81,178 shares during the period. Institutional investors and hedge funds own 87.43% of the company’s stock.
AMETEK Stock Performance
NYSE AME opened at $251.33 on Friday. The stock has a market capitalization of $57.60 billion, a price-to-earnings ratio of 36.74, a PEG ratio of 3.43 and a beta of 0.98. AMETEK, Inc. has a twelve month low of $179.24 and a twelve month high of $257.95. The company has a current ratio of 1.21, a quick ratio of 0.72 and a debt-to-equity ratio of 0.09. The stock has a 50-day moving average of $235.53 and a 200 day moving average of $229.72.
Key Stories Impacting AMETEK
Here are the key news stories impacting AMETEK this week:
- Positive Sentiment: Quarterly results exceeded expectations. AMETEK reported adjusted earnings of $2.09 per share versus the $1.99 consensus estimate, while revenue increased 15% year over year to $2.04 billion. Earnings rose 17%, supported by stronger demand in its Electronic Instruments Group and Electromechanical Group. AMETEK Q2 Earnings Surpass Expectations, Revenues Rise Year Over Year
- Positive Sentiment: Management raised its 2026 outlook. The company guided to third-quarter earnings of $2.08–$2.10 per share and full-year earnings of $8.20–$8.30, reflecting confidence in broad-based demand, operating execution and contributions from strategic acquisitions. AMETEK Inc. Earnings Call Signals Broad-Based Strength
- Positive Sentiment: Analysts became more bullish. DA Davidson raised its price target to $285 and maintained a Buy rating, while BNP Paribas Exane lifted its target to $280 and assigned an Outperform rating. These revisions followed the earnings beat and improved guidance. Analysts Offer Insights on Industrial Goods Companies
- Neutral Sentiment: AMETEK introduced the Grabner Vision Pro Series, a fuel-analysis product intended to improve testing performance. The launch adds to the company’s product pipeline, although its near-term financial impact is unclear. AMETEK Introduces Grabner Vision Pro Series
- Negative Sentiment: At roughly 36.7 times earnings and a PEG ratio above 3, AMETEK trades at a demanding valuation near its 12-month high. That leaves the shares vulnerable to profit-taking or a muted reaction if future growth does not exceed the upgraded expectations.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on AME. Seaport Research Partners reiterated a “buy” rating and set a $290.00 price target on shares of AMETEK in a research report on Wednesday. Rothschild & Co Redburn set a $265.00 price objective on shares of AMETEK in a research note on Thursday, June 18th. Weiss Ratings lowered shares of AMETEK from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, July 28th. KeyCorp boosted 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. Finally, Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, AMETEK currently has a consensus rating of “Moderate Buy” and an average price target of $266.80.
Check Out Our Latest Analysis on AMETEK
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.
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