67,966 Shares in AMETEK, Inc. $AME Bought by Mirae Asset Global Investments Co. Ltd.

Key Points

• Mirae Asset Global Investments opened a new AMETEK position, buying 67,966 shares valued at approximately $16.8 million in the third quarter.
• AMETEK reported quarterly EPS of $2.21, above the $2.11 analyst consensus, while revenue rose 17.3% year over year to $2.22 billion. The company also raised its 2026 EPS forecast to $8.53–$8.57.
• Institutional investors and hedge funds hold 87.43% of AMETEK shares. Analysts have a consensus “Moderate Buy” rating and an average price target of $277.19.

Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of AMETEK, Inc. (NYSE:AME - Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 67,966 shares of the technology company's stock, valued at approximately $16,837,000.

Several other large investors also recently made changes to their positions in the business. BlackRock Inc. acquired a new position in shares of AMETEK during the 2nd quarter valued at $4,725,928,000. Wellington Management Group LLP increased its holdings in AMETEK by 7.0% in the 2nd quarter. Wellington Management Group LLP now owns 2,994,077 shares of the technology company's stock valued at $724,387,000 after purchasing an additional 196,986 shares in the last quarter. Flossbach Von Storch SE acquired a new stake in AMETEK in the 2nd quarter valued at $662,352,000. Bank of New York Mellon Corp purchased a new position in AMETEK in the second quarter valued at about $624,725,000. Finally, Dimensional Fund Advisors LP raised its position in AMETEK by 1.4% in the first quarter. Dimensional Fund Advisors LP now owns 2,075,229 shares of the technology company's stock valued at $444,788,000 after purchasing an additional 29,001 shares during the period. Institutional investors and hedge funds own 87.43% of the company's stock.

AMETEK Stock Up 3.1%

Shares of AMETEK stock opened at $249.51 on Wednesday. The business has a 50-day moving average of $243.74 and a 200-day moving average of $234.40. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 0.76. The company has a market capitalization of $57.19 billion, a PE ratio of 36.48, a P/E/G ratio of 2.29 and a beta of 0.96. 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 announced its earnings results on Tuesday, November 3rd. The technology company reported $2.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.11 by $0.10. AMETEK had a return on equity of 16.93% and a net margin of 20.04%. The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.12 billion. During the same period in the previous year, the company earned $1.89 earnings per share. The company's revenue for the quarter was up 17.3% compared to the same quarter last year. As a group, equities analysts forecast that AMETEK, Inc. will post 8.41 EPS for the current fiscal year.

AMETEK Dividend Announcement

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

AMETEK News Roundup

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: Q3 adjusted earnings were $2.21 per share, above the roughly $2.11 analyst consensus and up from $1.89 a year earlier. Revenue rose 17.3% year over year to $2.22 billion, also topping estimates of about $2.12 billion. AMETEK Q3 results and guidance
• Positive Sentiment: The company raised its full-year guidance, forecasting 2026 EPS of $8.53–$8.57. Management also pointed to mid-teens sales growth following the Indicor deal, reinforcing expectations for acquisition-supported expansion. 2026 outlook
• Positive Sentiment: AMETEK Programmable Power was awarded a $29.8 million U.S. Air Force contract for VDATS kits. The award adds to potential business, though it is smaller than the company’s overall quarterly revenue. Air Force contract

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on AME shares. Robert W. Baird upped their target price on AMETEK from $275.00 to $280.00 and gave the stock a "neutral" rating in a research report on Monday, October 5th. Vertical Research started coverage on AMETEK in a report on Tuesday, September 8th. They set a "buy" rating and a $255.00 target price on the stock. Royal Bank Of Canada raised their target price on AMETEK from $260.00 to $291.00 and gave the company an "outperform" rating in a report on Wednesday, August 5th. Truist Financial boosted their price target on AMETEK from $303.00 to $316.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Finally, Rothschild & Co Redburn upped their price target on AMETEK from $265.00 to $275.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $277.19.

Insider Transactions at AMETEK

In other AMETEK news, insider David Hermance sold 6,608 shares of AMETEK stock in a transaction that occurred 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 sale, the insider directly owned 42,509 shares in the company, valued at $10,797,286. The trade was a 13.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.54% of the stock is 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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