Jupiter Topco LLC Purchases New Stake in AMETEK, Inc. $AME

Jupiter Topco LLC acquired a new stake in shares of AMETEK, Inc. (NYSE:AME) during the second quarter, Holdings Channel reports. The fund acquired 274,295 shares of the technology company’s stock, valued at approximately $66,346,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of AMETEK in the 2nd quarter valued at about $4,725,928,000. Norges Bank acquired a new position in AMETEK in the fourth quarter worth about $831,372,000. Flossbach Von Storch SE bought a new stake in AMETEK in the second quarter valued at about $662,352,000. Bank of New York Mellon Corp bought a new stake in AMETEK in the second quarter valued at about $624,725,000. Finally, Wellington Management Group LLP raised its stake in AMETEK by 302.9% during the fourth quarter. Wellington Management Group LLP now owns 2,807,664 shares of the technology company’s stock valued at $576,441,000 after buying an additional 2,110,818 shares in the last quarter. Institutional investors own 87.43% of the company’s stock.

Insider Transactions at AMETEK

In related news, insider David F. Hermance sold 6,608 shares of the firm’s stock in a transaction that occurred 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 sale, the insider directly owned 42,509 shares in the company, valued at $10,797,286. This trade represents a 13.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.54% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have commented on AME shares. Citigroup increased their target price on AMETEK from $257.00 to $261.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Barclays upped their price target on AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Weiss Ratings upgraded AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th. Royal Bank Of Canada lifted their price objective on shares of AMETEK from $260.00 to $291.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Finally, DA Davidson boosted their target price on shares of AMETEK from $265.00 to $285.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. One equities 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 company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $266.80.

AMETEK Stock Down 0.8%

AMETEK stock opened at $243.18 on Friday. 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 one year low of $179.24 and a one year high of $261.16. The company has a 50-day simple moving average of $241.74 and a 200-day simple moving average of $232.39. The firm has a market capitalization of $55.74 billion, a P/E ratio of 35.55, a P/E/G ratio of 3.13 and a beta of 0.98.

AMETEK (NYSE:AME) last issued its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $1.99 by $0.10. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The firm had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same period last year, the firm posted $1.78 EPS. AMETEK’s quarterly revenue was up 15.0% compared to the same quarter last year. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. As a group, equities analysts expect that AMETEK, Inc. will post 8.33 earnings per share for the current year.

AMETEK Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.34 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. AMETEK’s payout ratio is currently 19.88%.

AMETEK 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.