545,249 AMETEK, Inc. $AME Shares Sold by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners cut its AMETEK stake by 99.1% in the third quarter, selling 545,249 shares and retaining 4,996 shares worth approximately $1.24 million. Institutional investors collectively own 87.43% of the company.
• AMETEK shares recently traded down 0.8% at $244.81. The company reported quarterly earnings of $2.09 per share, beating estimates, while revenue rose 15% year over year to $2.04 billion.
• Analysts maintain a generally positive outlook, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $274.41. AMETEK also pays a quarterly dividend of $0.34 per share, yielding about 0.6%.

Curated Wealth Partners LLC lessened its stake in AMETEK, Inc. (NYSE:AME - Free Report) by 99.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,996 shares of the technology company's stock after selling 545,249 shares during the quarter. Curated Wealth Partners LLC's holdings in AMETEK were worth $1,238,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Root Financial Partners LLC increased its position in shares of AMETEK by 18.3% during the 1st quarter. Root Financial Partners LLC now owns 323 shares of the technology company's stock worth $69,000 after purchasing an additional 50 shares in the last quarter. Advocacy Wealth Management LLC lifted its holdings in AMETEK by 1.0% during the 2nd quarter. Advocacy Wealth Management LLC now owns 5,422 shares of the technology company's stock valued at $1,312,000 after purchasing an additional 52 shares during the last quarter. Drucker Wealth 3.0 LLC lifted its holdings in AMETEK by 4.7% during the 1st quarter. Drucker Wealth 3.0 LLC now owns 1,187 shares of the technology company's stock valued at $255,000 after purchasing an additional 53 shares during the last quarter. Earned Wealth Advisors LLC boosted its position in AMETEK by 5.9% in the first quarter. Earned Wealth Advisors LLC now owns 1,209 shares of the technology company's stock valued at $259,000 after buying an additional 67 shares in the last quarter. Finally, Tobam boosted its position in AMETEK by 32.3% in the fourth quarter. Tobam now owns 303 shares of the technology company's stock valued at $62,000 after buying an additional 74 shares in the last quarter. Institutional investors own 87.43% of the company's stock.

AMETEK Trading Down 0.8%

Shares of AME traded down $2.02 during trading hours on Thursday, hitting $244.81. 803,745 shares of the stock traded hands, compared to its average volume of 1,298,153. The business has a fifty day moving average of $244.72 and a 200-day moving average of $236.38. The firm has a market capitalization of $56.11 billion, a PE ratio of 35.79, a price-to-earnings-growth ratio of 2.37 and a beta of 0.96. AMETEK, Inc. has a 1-year low of $182.87 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.

AMETEK (NYSE:AME - Get Free Report) last posted 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 business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. AMETEK's revenue for the quarter was up 15.0% compared to the same quarter last year. During the same period in the previous year, the firm 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. Analysts expect that AMETEK, Inc. will post 8.41 EPS for the current year.

AMETEK Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a dividend of $0.34 per share. The ex-dividend date was Tuesday, September 15th. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. AMETEK's dividend payout ratio (DPR) is 19.88%.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Seaport Research Partners raised their price objective on shares of AMETEK from $290.00 to $300.00 and gave the stock a "buy" rating in a report on Wednesday, September 2nd. Zacks Research upgraded shares of AMETEK from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, October 6th. Robert W. Baird raised their target price on AMETEK from $275.00 to $280.00 and gave the company a "neutral" rating in a research note on Monday, October 5th. BNP Paribas Exane upped their price target on shares of AMETEK from $280.00 to $290.00 and gave the stock an "outperform" rating in a research report on Friday, September 11th. Finally, Royal Bank Of Canada increased their price objective on shares of AMETEK from $260.00 to $291.00 and gave the stock an "outperform" rating in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $274.41.

Insider Transactions at AMETEK

In other news, insider David Hermance sold 6,608 shares of the business's stock in a transaction dated 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 in the company, valued at approximately $10,797,286. The trade was a 13.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.54% of the company's stock.

AMETEK Profile

AMETEK, Inc NYSE: AME is a global manufacturer of industrial technology products. The company develops and produces electronic instruments and electromechanical devices used in process, industrial, aerospace, power, energy, and other specialized markets.

AMETEK's Electronic Instruments segment supplies products such as process and analytical instruments, measurement and testing equipment, power-quality monitoring systems, automation and control solutions, and equipment for aerospace and defense applications.

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