Meeder Advisory Services Inc. purchased a new position in shares of AMETEK, Inc. (NYSE:AME – Free Report) during the second quarter, Holdings Channel.com reports. The fund purchased 5,536 shares of the technology company’s stock, valued at approximately $1,339,000.
Several other hedge funds have also made changes to their positions in the stock. Darwin Wealth Management LLC bought a new position in AMETEK during the 2nd quarter worth $25,000. MV Capital Management Inc. bought a new stake in AMETEK in the fourth quarter valued at $28,000. Brown Lisle Cummings Inc. lifted its stake in AMETEK by 878.6% in the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock valued at $29,000 after buying an additional 123 shares during the last quarter. BOKF NA boosted its holdings in shares of AMETEK by 137.7% during the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after acquiring an additional 84 shares during the period. Finally, SJS Investment Consulting Inc. boosted its holdings in shares of AMETEK by 393.1% during the first quarter. SJS Investment Consulting Inc. now owns 143 shares of the technology company’s stock valued at $31,000 after acquiring an additional 114 shares during the period. Institutional investors own 87.43% of the company’s stock.
AMETEK News Roundup
Here are the key news stories impacting AMETEK this week:
- Positive Sentiment: Broad-based earnings revisions: Zacks raised its estimates for AMETEK’s third-quarter 2026 EPS to $2.08 from $2.00 and full-year 2026 EPS to $8.27 from $8.07. It also increased its FY2027 estimate to $8.74 from $8.47 and FY2028 estimate to $9.33 from $9.10, signaling stronger anticipated operating performance. AMETEK analyst estimates
- Positive Sentiment: Higher quarterly forecasts: Zacks lifted estimates for Q1 2027 EPS to $2.09, Q2 2027 to $2.13, Q3 2027 to $2.19, Q4 2027 to $2.34, Q1 2028 to $2.29 and Q2 2028 to $2.31. The revisions indicate confidence in continued earnings growth following AMETEK’s latest quarterly report, which exceeded revenue and EPS expectations.
- Neutral Sentiment: Limited near-term catalyst: Zacks’ FY2026 EPS forecast of $8.27 remains slightly below the broader consensus of $8.33. With AMETEK valued at a relatively elevated P/E ratio and trading close to its 52-week high, investors may be taking profits despite the improved longer-term outlook.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on AMETEK
Insider Transactions at AMETEK
In other AMETEK news, insider David F. Hermance sold 6,608 shares of the 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 transaction, the insider directly owned 42,509 shares of the company’s stock, valued at approximately $10,797,286. This trade represents a 13.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.54% of the company’s stock.
AMETEK Stock Down 2.6%
AMETEK stock opened at $243.43 on Thursday. The stock has a market cap of $55.79 billion, a price-to-earnings ratio of 35.59, a PEG ratio of 3.20 and a beta of 0.98. The company has a current ratio of 1.21, a quick ratio of 0.76 and a debt-to-equity ratio of 0.09. The company’s 50-day moving average price is $240.38 and its two-hundred day moving average price is $231.82. AMETEK, Inc. has a 52 week low of $179.24 and a 52 week high of $261.16.
AMETEK (NYSE:AME – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share 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 analyst estimates of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The business’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same period in the prior year, the business posted $1.78 EPS. 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, analysts expect that AMETEK, Inc. will post 8.32 EPS for the current fiscal year.
AMETEK Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, September 15th. AMETEK’s dividend payout ratio is 19.88%.
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.
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