161,940 AMETEK, Inc. $AME Shares Bought by Bank Julius Baer & Co. Ltd Zurich

Key Points

• Bank Julius Baer & Co. Ltd. Zurich increased its AMETEK stake by 40.4% in the third quarter, purchasing 161,940 additional shares and bringing its holdings to 562,968 shares, valued at approximately $139.8 million.
• AMETEK reported quarterly results above expectations, with earnings of $2.09 per share and revenue of $2.04 billion, up 15% year over year. The company also issued quarterly guidance and analysts maintain a consensus “Moderate Buy” rating with an average price target of $274.41.
• The company pays a quarterly dividend of $0.34, equivalent to $1.36 annually and a 0.6% yield. Institutional investors collectively own 87.43% of AMETEK’s outstanding shares.

Bank Julius Baer & Co. Ltd Zurich boosted its stake in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 40.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 562,968 shares of the technology company's stock after buying an additional 161,940 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich owned 0.25% of AMETEK worth $139,776,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. National Pension Service grew its stake in shares of AMETEK by 1.6% in the second quarter. National Pension Service now owns 338,990 shares of the technology company's stock valued at $82,015,000 after buying an additional 5,382 shares in the last quarter. QRG Capital Management Inc. lifted its position in AMETEK by 1,002.4% during the 2nd quarter. QRG Capital Management Inc. now owns 132,612 shares of the technology company's stock worth $32,084,000 after buying an additional 120,583 shares in the last quarter. Fifth Third Bancorp grew its holdings in AMETEK by 1,060.3% during the first quarter. Fifth Third Bancorp now owns 82,948 shares of the technology company's stock valued at $17,781,000 after purchasing an additional 75,799 shares during the period. Groupe la Francaise boosted its holdings in AMETEK by 15.6% during the second quarter. Groupe la Francaise now owns 154,326 shares of the technology company's stock worth $37,361,000 after purchasing an additional 20,780 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in shares of AMETEK by 450.1% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 6,612 shares of the technology company's stock worth $1,638,000 after buying an additional 5,410 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company's stock.

AMETEK Stock Performance

Shares of NYSE:AME opened at $240.88 on Monday. 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 stock has a market capitalization of $55.21 billion, a P/E ratio of 35.22, a P/E/G ratio of 2.28 and a beta of 0.96. The business has a 50-day moving average price of $243.54 and a two-hundred day moving average price of $234.05. AMETEK, Inc. has a 1-year low of $188.47 and a 1-year high of $261.16.

AMETEK (NYSE:AME - Get Free Report) last released its quarterly earnings results 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 analysts' expectations of $1.95 billion. During the same period in the prior year, the firm earned $1.78 EPS. The business's revenue 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. Equities analysts predict that AMETEK, Inc. will post 8.41 earnings per share for the current year.

AMETEK Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, September 15th. AMETEK's payout ratio is currently 19.88%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on AME. Mizuho increased their price target on AMETEK from $270.00 to $285.00 and gave the company an "outperform" rating in a research report on Wednesday, August 5th. Vertical Research initiated coverage on shares of AMETEK in a research note on Tuesday, September 8th. They set a "buy" rating and a $255.00 price target for the company. Royal Bank Of Canada lifted their price target on AMETEK from $260.00 to $291.00 and gave the company an "outperform" rating in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of AMETEK from $288.00 to $318.00 and gave the stock a "buy" rating in a research report on Wednesday, September 30th. Finally, DA Davidson set a $285.00 price target on AMETEK in a research report on Wednesday, October 7th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $274.41.

Insider Activity

In related news, insider David Hermance sold 6,608 shares of the stock in a transaction dated 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 completion of the transaction, the insider 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

AMETEK Profile

AMETEK, Inc is a global manufacturer of industrial technology solutions. The company develops and produces advanced analytical, monitoring, testing, and measurement instruments, as well as engineered electromechanical products used in industrial, aerospace, defense, energy, medical, and other specialized markets.

AMETEK operates through two primary business groups: Electronic Instruments and Electromechanical. Its products include process and power monitoring systems, analytical instruments, automation and control technologies, aerospace and defense equipment, precision motion-control systems, motors, thermal-management solutions, engineered materials, and specialty metal products.

The company traces its roots to 1930 and has expanded through the development and acquisition of specialized technology businesses.

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