AMETEK, Inc. $AME Shares Newly Acquired by Valeo Financial Advisors LLC

Key Points

• Valeo Financial Advisors initiated a position in AMETEK during the third quarter, purchasing 5,489 shares valued at approximately $1.36 million. Institutional investors collectively own 87.43% of the company.
• Analysts maintain a “Moderate Buy” consensus rating, with an average price target of $267. Recent targets range from $245 to $316.
• AMETEK exceeded quarterly expectations, reporting $2.09 in EPS and $2.04 billion in revenue, while revenue increased 15% year over year. The company also paid a quarterly dividend of $0.34 per share, representing a 0.5% yield.

Valeo Financial Advisors LLC bought a new position in AMETEK, Inc. (NYSE:AME - Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 5,489 shares of the technology company's stock, valued at approximately $1,360,000.

Other institutional investors have also recently made changes to their positions in the company. Frazier Financial Advisors LLC bought a new position in AMETEK during the 2nd quarter worth about $25,000. Fiduciary Financial Advisors purchased a new position in AMETEK during the 2nd quarter worth $27,000. MV Capital Management Inc. purchased a new stake in shares of AMETEK during the fourth quarter worth about $28,000. Brown Lisle Cummings Inc. raised its holdings in shares of AMETEK by 878.6% in the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company's stock worth $29,000 after buying an additional 123 shares during the last quarter. Finally, SJS Investment Consulting Inc. increased its position in shares of AMETEK by 393.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 143 shares of the technology company's stock valued at $31,000 after acquiring an additional 114 shares during the period. Hedge funds and other institutional investors own 87.43% of the company's stock.

Analysts Set New Price Targets

AME has been the topic of several research reports. Royal Bank Of Canada increased their price target on shares of AMETEK from $260.00 to $291.00 and gave the stock an "outperform" rating in a report on Wednesday, August 5th. DA Davidson set a $285.00 price target on AMETEK in a research note on Wednesday. Citigroup boosted their price target on shares of AMETEK from $257.00 to $261.00 and gave the stock a "neutral" rating in a report on Wednesday, August 5th. Morgan Stanley increased their target price on AMETEK from $235.00 to $245.00 and gave the company an "equal weight" rating in a report on Friday, July 10th. Finally, Truist Financial increased their target price on shares of AMETEK from $303.00 to $316.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $267.00.

AMETEK Price Performance

NYSE:AME opened at $247.67 on Friday. The stock's fifty day moving average is $244.70 and its two-hundred day moving average is $235.40. The company has a quick ratio of 0.76, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. AMETEK, Inc. has a 52 week low of $179.24 and a 52 week high of $261.16. The company has a market capitalization of $56.77 billion, a P/E ratio of 36.21, a P/E/G ratio of 2.35 and a beta of 0.96.

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, topping the consensus estimate of $1.99 by $0.10. The firm had revenue of $2.04 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.78 EPS. 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 expect that AMETEK, Inc. will post 8.42 EPS for the current year.

AMETEK Dividend Announcement

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 $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Tuesday, September 15th. AMETEK's dividend payout ratio (DPR) is presently 19.88%.

Insider Activity

In other 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 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. 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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