Grandfield & Dodd LLC Buys Shares of 2,522 AMETEK, Inc. $AME

Grandfield & Dodd LLC acquired a new position in AMETEK, Inc. (NYSE:AME) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,522 shares of the technology company’s stock, valued at approximately $610,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Darwin Wealth Management LLC purchased a new stake in shares of AMETEK during the second quarter worth $25,000. MV Capital Management Inc. bought a new position in shares of AMETEK in the 4th quarter valued at approximately $28,000. Brown Lisle Cummings Inc. lifted its stake in shares of AMETEK by 878.6% in the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after buying an additional 123 shares during the last quarter. BOKF NA boosted its holdings in 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. lifted its position in shares of AMETEK by 393.1% during the 1st quarter. SJS Investment Consulting Inc. now owns 143 shares of the technology company’s stock worth $31,000 after purchasing an additional 114 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Stock Performance

AME stock opened at $254.81 on Tuesday. AMETEK, Inc. has a 1-year low of $179.24 and a 1-year high of $261.16. 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 firm has a market cap of $58.40 billion, a PE ratio of 37.25, a P/E/G ratio of 3.26 and a beta of 0.98. The business’s 50-day moving average price is $239.55 and its two-hundred day moving average price is $231.51.

AMETEK (NYSE:AME) last posted its earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.99 by $0.10. The business had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.AMETEK’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 earned $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. As a group, research analysts forecast that AMETEK, Inc. will post 8.33 earnings per share for the current year.

AMETEK Dividend Announcement

The company 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. This represents a $1.36 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 15th. AMETEK’s dividend payout ratio is currently 19.88%.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Mizuho set a $270.00 target price on shares of AMETEK in a research note on Friday, May 1st. Rothschild & Co Redburn set a $265.00 target price on AMETEK in a research report on Thursday, June 18th. Robert W. Baird set a $275.00 price target on shares of AMETEK in a research report on Wednesday, August 5th. Wall Street Zen lowered AMETEK from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Finally, 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 research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $266.80.

Insider Buying and Selling at AMETEK

In other news, insider David F. Hermance sold 6,608 shares of AMETEK 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 directly owned 42,509 shares in the company, valued at $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 is available at the SEC website. 0.54% of the stock is owned by corporate insiders.

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.