AMETEK, Inc. $AME Shares Sold by Raiffeisen Bank International AG

Key Points

• Raiffeisen Bank International AG reduced its AMETEK holdings by 26.7% in the second quarter, selling 12,838 shares and retaining 35,180 shares valued at approximately $8.36 million. Institutional investors and hedge funds collectively own 87.43% of the company.
• AMETEK exceeded quarterly expectations with adjusted EPS of $2.09 versus the $1.99 consensus and revenue of $2.04 billion, up 15% year over year. Management issued third-quarter EPS guidance of $2.08–$2.10 and full-year guidance of $8.20–$8.30.
• The company declared a quarterly dividend of $0.34 per share, implying a 0.6% annualized yield, while analysts maintain a “Moderate Buy” consensus with an average price target of $266.80 compared with the stock’s $233.88 opening price.

Raiffeisen Bank International AG cut its holdings in AMETEK, Inc. (NYSE:AME - Free Report) by 26.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,180 shares of the technology company's stock after selling 12,838 shares during the period. Raiffeisen Bank International AG's holdings in AMETEK were worth $8,363,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in AMETEK by 6.2% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 487,238 shares of the technology company's stock worth $101,901,000 after buying an additional 28,621 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new stake in shares of AMETEK in the fourth quarter valued at $1,027,000. Fifth Third Bancorp boosted its stake in shares of AMETEK by 1,060.3% during the first 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 last quarter. Wescott Financial Advisory Group LLC acquired a new stake in shares of AMETEK during the fourth quarter valued at $1,122,000. Finally, Jennison Associates LLC increased its position 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 in the last quarter. 87.43% of the stock is owned by institutional investors and hedge funds.

AMETEK Stock Performance

AMETEK stock opened at $233.88 on Friday. The stock has a fifty day moving average price of $241.36 and a 200 day moving average price of $232.46. AMETEK, Inc. has a 52 week low of $179.24 and a 52 week high of $261.16. The firm has a market capitalization of $53.61 billion, a P/E ratio of 34.19, a PEG ratio of 2.98 and a beta of 0.99. 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 issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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%.The firm's quarterly revenue was up 15.0% on a year-over-year basis. During the same period last 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 research analysts anticipate that AMETEK, Inc. will post 8.33 earnings per share for the current year.

AMETEK Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on AME. Robert W. Baird set a $275.00 target price on shares of AMETEK in a research note on Wednesday, August 5th. Wall Street Zen cut shares of AMETEK from a "buy" rating to a "hold" rating in a research note on Sunday, May 10th. Weiss Ratings upgraded shares of AMETEK from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, August 11th. Truist Financial boosted their price objective 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. Finally, KeyCorp upped their price objective on shares of AMETEK from $260.00 to $295.00 and gave the company an "overweight" rating in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, AMETEK presently has an average rating of "Moderate Buy" and a consensus price target of $266.80.

Insider Buying and Selling

In other AMETEK news, insider David Hermance sold 6,608 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $254.00, for a total transaction of $1,678,432.00. Following the transaction, the insider owned 42,509 shares of the company's stock, valued at $10,797,286. This trade represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.54% of the company's stock.

AMETEK 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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