4,136 Shares in AMETEK, Inc. $AME Bought by Sigma Planning Corp

Key Points

• Sigma Planning Corp initiated a position in AMETEK by purchasing 4,136 shares worth approximately $1.025 million. Institutional investors and hedge funds collectively own 87.43% of the company.
• Analysts maintain a favorable outlook, with AMETEK receiving a “Moderate Buy” consensus rating and an average price target of $274.41.
• AMETEK reported quarterly earnings of $2.09 per share, exceeding estimates of $1.99, while revenue rose 15% year over year to $2.04 billion. The company also pays a quarterly dividend of $0.34 per share, yielding about 0.5%.

Sigma Planning Corp purchased a new position in shares of AMETEK, Inc. (NYSE:AME - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 4,136 shares of the technology company's stock, valued at approximately $1,025,000.

Several other large investors also recently bought and sold shares of the stock. National Pension Service lifted its stake in 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 during the last quarter. QRG Capital Management Inc. increased its holdings in shares of AMETEK by 1,002.4% in the 2nd quarter. QRG Capital Management Inc. now owns 132,612 shares of the technology company's stock valued at $32,084,000 after acquiring an additional 120,583 shares during the period. Fifth Third Bancorp increased its holdings in shares of AMETEK by 1,060.3% in the 1st quarter. Fifth Third Bancorp now owns 82,948 shares of the technology company's stock valued at $17,781,000 after acquiring an additional 75,799 shares during the period. Groupe la Francaise raised its position in AMETEK by 15.6% in the 2nd quarter. Groupe la Francaise now owns 154,326 shares of the technology company's stock valued at $37,361,000 after purchasing an additional 20,780 shares during the last quarter. Finally, Jennison Associates LLC boosted its stake in AMETEK by 93.0% during the 1st quarter. Jennison Associates LLC now owns 256,693 shares of the technology company's stock worth $55,025,000 after purchasing an additional 123,719 shares during the period. Institutional investors and hedge funds own 87.43% of the company's stock.

Analyst Ratings Changes

AME has been the topic of a number of recent research reports. Royal Bank Of Canada lifted their price objective on shares of AMETEK from $260.00 to $291.00 and gave the company an "outperform" rating in a research note on Wednesday, August 5th. Citigroup raised their price target on AMETEK from $261.00 to $263.00 and gave the stock a "neutral" rating in a report on Monday, October 12th. Weiss Ratings upgraded AMETEK from a "buy (b)" rating to a "buy (b+)" rating in a research report on Thursday, October 8th. Vertical Research began coverage on AMETEK in a research note on Tuesday, September 8th. They set a "buy" rating and a $255.00 price objective for the company. Finally, Rothschild & Co Redburn increased their price objective on AMETEK from $265.00 to $275.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, AMETEK presently has an average rating of "Moderate Buy" and an average price target of $274.41.

AMETEK Stock Up 1.5%

Shares of NYSE AME opened at $251.95 on Friday. The firm's 50-day moving average is $243.52 and its two-hundred day moving average is $233.90. The company has a market capitalization of $57.75 billion, a PE ratio of 31.17, a price-to-earnings-growth ratio of 2.35 and a beta of 0.96. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 0.76. AMETEK, Inc. has a 12-month low of $188.47 and a 12-month 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, topping the consensus estimate of $1.99 by $0.10. The company had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%. AMETEK's revenue was up 15.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.78 earnings per share. 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 anticipate that AMETEK, Inc. will post 8.41 EPS for the current fiscal year.

AMETEK Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were paid a dividend of $0.34 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.5%. AMETEK's dividend payout ratio is currently 19.88%.

Insiders Place Their Bets

In related news, insider David 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 value of $1,678,432.00. Following 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 filing with the SEC, which can be accessed through the SEC website. 0.54% of the stock is currently owned by corporate insiders.

About AMETEK

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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