AMETEK, Inc. $AME Stock Purchased by Krilogy Financial LLC

Key Points

• Krilogy Financial LLC increased its AMETEK stake by 197.5% in the third quarter, bringing its holdings to 14,195 shares valued at approximately $3.52 million. Institutional investors collectively own 87.43% of the company.
• Analysts maintain a generally positive outlook, with AMETEK receiving a “Moderate Buy” consensus rating and an average price target of $274.41. Recent target increases range as high as $300.
• AMETEK exceeded quarterly expectations with $2.09 in earnings per share and $2.04 billion in revenue, up 15% year over year. The company also pays a quarterly dividend of $0.34, representing a 0.6% annualized yield.

Krilogy Financial LLC lifted its holdings in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 197.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,195 shares of the technology company's stock after buying an additional 9,424 shares during the period. Krilogy Financial LLC's holdings in AMETEK were worth $3,517,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of AME. Root Financial Partners LLC raised its holdings in AMETEK by 18.3% during the first quarter. Root Financial Partners LLC now owns 323 shares of the technology company's stock worth $69,000 after acquiring an additional 50 shares in the last quarter. Advocacy Wealth Management LLC boosted its position in AMETEK by 1.0% during the second quarter. Advocacy Wealth Management LLC now owns 5,422 shares of the technology company's stock valued at $1,312,000 after purchasing an additional 52 shares during the last quarter. Drucker Wealth 3.0 LLC grew its stake in AMETEK by 4.7% in the first quarter. Drucker Wealth 3.0 LLC now owns 1,187 shares of the technology company's stock valued at $255,000 after purchasing an additional 53 shares in the last quarter. Earned Wealth Advisors LLC grew its stake in AMETEK by 5.9% in the first quarter. Earned Wealth Advisors LLC now owns 1,209 shares of the technology company's stock valued at $259,000 after purchasing an additional 67 shares in the last quarter. Finally, Tobam increased its position in shares of AMETEK by 32.3% during the 4th quarter. Tobam now owns 303 shares of the technology company's stock worth $62,000 after purchasing an additional 74 shares during the last quarter. Institutional investors own 87.43% of the company's stock.

Insiders Place Their Bets

In related news, insider David Hermance sold 6,608 shares of the stock in a transaction 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 sale, the insider owned 42,509 shares in the company, valued at approximately $10,797,286. This represents a 13.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.54% of the company's stock.

Wall Street Analysts Forecast Growth

AME has been the topic of several recent analyst reports. Citigroup upped their price objective on AMETEK from $261.00 to $263.00 and gave the stock a "neutral" rating in a research note on Monday. BNP Paribas Exane increased their price objective on AMETEK from $280.00 to $290.00 and gave the company an "outperform" rating in a report on Friday, September 11th. Seaport Research Partners raised their target price on shares of AMETEK from $290.00 to $300.00 and gave the company a "buy" rating in a research note on Wednesday, September 2nd. BMO Capital Markets raised their target price on shares of AMETEK from $262.00 to $282.00 in a research note on Wednesday, August 5th. Finally, Robert W. Baird boosted their target price on shares of AMETEK from $275.00 to $280.00 and gave the stock a "neutral" rating in a report on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, AMETEK has an average rating of "Moderate Buy" and an average target price of $274.41.

AMETEK Price Performance

Shares of NYSE AME opened at $246.56 on Thursday. The business's 50 day moving average price is $244.72 and its two-hundred day moving average price is $236.38. The company has a market cap of $56.51 billion, a PE ratio of 36.05, a price-to-earnings-growth ratio of 2.37 and a beta of 0.96. 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 twelve month low of $182.87 and a twelve month high of $261.16.

AMETEK (NYSE:AME - Get Free Report) last released its quarterly earnings data 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 return on equity of 16.93% and a net margin of 20.04%. The firm had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same quarter in the prior year, the company earned $1.78 earnings per share. The business's revenue for the quarter 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. On average, analysts predict that AMETEK, Inc. will post 8.41 EPS for the current year.

AMETEK Announces Dividend

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

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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