AMETEK, Inc. $AME Stock: IFP Advisors Inc Increases Position

Key Points

• Institutional ownership increased: IFP Advisors raised its AMETEK position by 334.5% to 19,361 shares, while several other funds also expanded holdings. Institutions and hedge funds collectively own 87.43% of the stock.
• Analysts remain broadly positive: AMETEK has a consensus “Moderate Buy” rating and an average price target of $274.41, above its reported share price of $247.46.
• Recent operating performance was strong: The company beat quarterly EPS and revenue estimates, with revenue up 15% year over year, and declared a quarterly dividend of $0.34 per share, representing a 0.5% annualized yield.

IFP Advisors Inc increased its position in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 334.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,361 shares of the technology company's stock after purchasing an additional 14,905 shares during the period. IFP Advisors Inc's holdings in AMETEK were worth $4,796,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the business. National Pension Service grew its stake in AMETEK by 1.6% in the 2nd quarter. National Pension Service now owns 338,990 shares of the technology company's stock worth $82,015,000 after acquiring an additional 5,382 shares during the period. Fifth Third Bancorp increased its position 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 worth $17,781,000 after acquiring an additional 75,799 shares during the last quarter. Groupe la Francaise raised its holdings in AMETEK by 15.6% in the second quarter. Groupe la Francaise now owns 154,326 shares of the technology company's stock valued at $37,361,000 after acquiring an additional 20,780 shares in the last quarter. QRG Capital Management Inc. lifted its holdings in AMETEK by 1,002.4% during the 2nd quarter. QRG Capital Management Inc. now owns 132,612 shares of the technology company's stock worth $32,084,000 after buying an additional 120,583 shares during the last quarter. Finally, Jennison Associates LLC lifted its position in shares of AMETEK by 93.0% in the 1st quarter. Jennison Associates LLC now owns 256,693 shares of the technology company's stock worth $55,025,000 after buying an additional 123,719 shares during the last quarter. 87.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AME has been the subject of several recent analyst reports. Vertical Research started coverage on shares of AMETEK in a report on Tuesday, September 8th. They issued a "buy" rating and a $255.00 price objective for the company. Citigroup increased their price objective on AMETEK from $261.00 to $263.00 and gave the stock a "neutral" rating in a report on Monday, October 12th. Seaport Research Partners boosted their price target on AMETEK from $290.00 to $300.00 and gave the stock a "buy" rating in a research report on Wednesday, September 2nd. Royal Bank Of Canada increased their target price on AMETEK from $260.00 to $291.00 and gave the company an "outperform" rating in a research note on Wednesday, August 5th. Finally, BNP Paribas Exane raised their target price on AMETEK from $280.00 to $290.00 and gave the stock an "outperform" rating in a research report on Friday, September 11th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $274.41.

Insider Buying and Selling at AMETEK

In other news, insider David Hermance sold 6,608 shares of the company's stock in a transaction that occurred on 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 directly owned 42,509 shares of the company's stock, valued at $10,797,286. This represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.54% of the stock is owned by insiders.

AMETEK Stock Down 0.3%

Shares of NYSE AME opened at $247.46 on Tuesday. The stock has a market capitalization of $56.72 billion, a P/E ratio of 31.18, a PEG ratio of 2.35 and a beta of 0.96. The stock's fifty day moving average is $244.44 and its 200 day moving average is $237.17. AMETEK, Inc. has a 52 week low of $182.87 and a 52 week high of $261.16. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21.

AMETEK (NYSE:AME - Get Free Report) last released its earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, beating 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 net margin of 20.04% and a return on equity of 16.93%. The business's quarterly revenue was up 15.0% compared to the same quarter last year. During the same period last year, the firm 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. Sell-side analysts forecast that AMETEK, Inc. will post 8.41 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors 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 annualized dividend and a yield of 0.5%. AMETEK's dividend payout ratio is 19.88%.

AMETEK Profile

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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