North Star Asset Management Inc. Buys Shares of 169,798 AMETEK, Inc. $AME

North Star Asset Management Inc. bought a new stake in AMETEK, Inc. (NYSE:AME) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 169,798 shares of the technology company’s stock, valued at approximately $41,081,000. AMETEK accounts for approximately 1.6% of North Star Asset Management Inc.’s portfolio, making the stock its 12th biggest position. North Star Asset Management Inc. owned approximately 0.07% of AMETEK at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sivia Capital Partners LLC bought a new position in shares of AMETEK during the 2nd quarter valued at approximately $295,000. Baird Financial Group Inc. lifted its holdings in AMETEK by 16.1% during the second quarter. Baird Financial Group Inc. now owns 16,784 shares of the technology company’s stock valued at $3,037,000 after purchasing an additional 2,323 shares in the last quarter. NewEdge Advisors LLC boosted its position 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 purchasing an additional 1,555 shares during the period. Sei Investments Co. increased 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 purchasing an additional 61,672 shares in the last quarter. Finally, Squarepoint Ops LLC increased its stake in shares of AMETEK by 105.3% in the second quarter. Squarepoint Ops LLC now owns 158,274 shares of the technology company’s stock worth $28,641,000 after purchasing an additional 81,178 shares in the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, insider David F. Hermance sold 6,608 shares of AMETEK 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 approximately $10,797,286. This trade represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.54% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages recently weighed in on AME. Barclays upped their target price on shares of AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Royal Bank Of Canada raised their price target on AMETEK from $260.00 to $291.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Weiss Ratings upgraded AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. Mizuho set a $270.00 price objective on AMETEK in a research note on Friday, May 1st. Finally, BNP Paribas Exane increased their target price on AMETEK from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. One investment 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. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $266.80.

AMETEK Stock Down 0.8%

Shares of NYSE AME opened at $243.18 on Friday. The company has a current ratio of 1.21, a quick ratio of 0.76 and a debt-to-equity ratio of 0.09. AMETEK, Inc. has a 12-month low of $179.24 and a 12-month high of $261.16. The firm’s 50-day moving average price is $241.74 and its 200-day moving average price is $232.39. The stock has a market capitalization of $55.74 billion, a price-to-earnings 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, topping the consensus estimate of $1.99 by $0.10. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The company had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $1.95 billion. During the same period in the previous year, the firm posted $1.78 earnings per share. The firm’s revenue for the quarter was up 15.0% on a year-over-year basis. 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, equities research analysts anticipate that AMETEK, Inc. will post 8.33 EPS for the current fiscal year.

AMETEK Announces Dividend

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