AMETEK, Inc. $AME Shares Bought by Groupe la Francaise

Key Points

• Groupe la Française increased its AMETEK holdings by 15.6% in the second quarter, owning 154,326 shares valued at approximately $37.4 million. Institutional investors collectively own 87.43% of the company.
• AMETEK reported quarterly EPS of $2.09, exceeding estimates of $1.99, while revenue rose 15% year over year to $2.04 billion. The company issued third-quarter EPS guidance of $2.08–$2.10 and full-year guidance of $8.20–$8.30.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $266.80, compared with the stock’s $237.80 opening price. AMETEK also declared a quarterly dividend of $0.34 per share, representing a 0.6% annualized yield.

Groupe la Francaise raised its holdings in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 15.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 154,326 shares of the technology company's stock after purchasing an additional 20,780 shares during the period. Groupe la Francaise owned 0.07% of AMETEK worth $37,361,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sivia Capital Partners LLC purchased a new stake in shares of AMETEK during the second quarter valued at $295,000. Baird Financial Group Inc. lifted its position in AMETEK by 16.1% during the 2nd quarter. Baird Financial Group Inc. now owns 16,784 shares of the technology company's stock worth $3,037,000 after acquiring an additional 2,323 shares during the period. NewEdge Advisors LLC grew its stake in AMETEK by 65.0% during the 2nd quarter. NewEdge Advisors LLC now owns 3,946 shares of the technology company's stock valued at $714,000 after purchasing an additional 1,555 shares during the last quarter. Sei Investments Co. increased its holdings in shares of AMETEK by 38.2% in the second quarter. Sei Investments Co. now owns 223,227 shares of the technology company's stock valued at $40,392,000 after purchasing an additional 61,672 shares during the period. Finally, Squarepoint Ops LLC raised its stake in shares of AMETEK by 105.3% in the second quarter. Squarepoint Ops LLC now owns 158,274 shares of the technology company's stock worth $28,641,000 after purchasing an additional 81,178 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on AME. Wall Street Zen lowered AMETEK from a "buy" rating to a "hold" rating in a research report on Sunday, May 10th. Citigroup raised their price target on shares of AMETEK from $257.00 to $261.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 5th. Morgan Stanley lifted their price objective on shares of AMETEK from $235.00 to $245.00 and gave the company an "equal weight" rating in a research note on Friday, July 10th. KeyCorp upped their price objective on shares of AMETEK from $260.00 to $295.00 and gave the company an "overweight" rating in a report on Wednesday, August 5th. Finally, Robert W. Baird set a $275.00 target price on shares of AMETEK in a report on Wednesday, August 5th. 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 stock. According to MarketBeat.com, AMETEK presently has a consensus rating of "Moderate Buy" and a consensus price target of $266.80.

Insider Activity

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

AMETEK Trading Up 0.0%

AMETEK stock opened at $237.80 on Monday. The firm has a market cap of $54.50 billion, a PE ratio of 34.77, a P/E/G ratio of 3.04 and a beta of 0.99. AMETEK, Inc. has a 12 month low of $179.24 and a 12 month high of $261.16. The stock's 50 day simple moving average is $241.37 and its two-hundred day simple moving average is $232.52. 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 earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) 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 during the quarter, compared to analysts' expectations of $1.95 billion. During the same period in the previous year, the business posted $1.78 EPS. The business's revenue was up 15.0% compared to the same quarter last year. 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 anticipate that AMETEK, Inc. will post 8.32 earnings per share for the current year.

AMETEK Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $0.34 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK's dividend payout ratio is 19.88%.

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.

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