Assenagon Asset Management S.A. Raises Position in AMETEK, Inc. $AME

Key Points

• Assenagon Asset Management increased its AMETEK stake by 2,687.2% in the second quarter, adding 152,930 shares to hold 158,621 shares worth approximately $38.4 million. Institutional investors collectively own 87.43% of the company.
• AMETEK reported quarterly earnings of $2.09 per share on $2.04 billion in revenue, surpassing analyst expectations and marking 15% year-over-year revenue growth. Management guided for third-quarter 2026 EPS of $2.08–$2.10 and full-year EPS of $8.20–$8.30.
• The stock was trading near its 52-week high at $253.97, while analysts maintained a generally positive outlook with a “Moderate Buy” consensus and an average price target of $266.80. AMETEK also declared a quarterly dividend of $0.34 per share, equating to a 0.5% yield.

Assenagon Asset Management S.A. increased its position in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 2,687.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 158,621 shares of the technology company's stock after purchasing an additional 152,930 shares during the period. Assenagon Asset Management S.A. owned approximately 0.07% of AMETEK worth $38,377,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. MV Capital Management Inc. purchased a new stake in shares of AMETEK in the fourth quarter valued at approximately $28,000. Brown Lisle Cummings Inc. grew its holdings in AMETEK by 878.6% during the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company's stock worth $29,000 after acquiring an additional 123 shares during the period. Darwin Wealth Management LLC purchased a new position in AMETEK in the second quarter worth $25,000. SJS Investment Consulting Inc. raised its position in AMETEK by 393.1% in the first quarter. SJS Investment Consulting Inc. now owns 143 shares of the technology company's stock worth $31,000 after acquiring an additional 114 shares in the last quarter. Finally, BOKF NA lifted its holdings in AMETEK by 137.7% in the fourth quarter. BOKF NA now owns 145 shares of the technology company's stock valued at $30,000 after acquiring an additional 84 shares during the period. Institutional investors and hedge funds own 87.43% of the company's stock.

AMETEK Trading Up 1.0%

NYSE:AME opened at $253.97 on Friday. AMETEK, Inc. has a 52-week low of $179.24 and a 52-week high of $257.95. The company has a quick ratio of 0.72, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. The stock has a fifty day simple moving average of $236.09 and a 200-day simple moving average of $229.89. The company has a market capitalization of $58.21 billion, a PE ratio of 37.13, a price-to-earnings-growth ratio of 3.24 and a beta of 0.98.

AMETEK (NYSE:AME - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $1.95 billion. During the same period in the prior year, the company earned $1.78 EPS. The firm's revenue was up 15.0% on a year-over-year basis. 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, equities research analysts expect that AMETEK, Inc. will post 8.33 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 15th. AMETEK's dividend payout ratio (DPR) is 19.88%.

Trending Headlines about AMETEK

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: AMETEK declared a quarterly dividend of $0.34 per share, payable September 30 to shareholders of record September 15. The payment implies an annualized dividend of $1.36 and a yield of approximately 0.5%, reinforcing the company’s shareholder-return profile. AMETEK Declares Quarterly Dividend
• Positive Sentiment: Recent analyst coverage has pointed to further appreciation potential for AMETEK, including bullish forecasts from BNP Paribas Exane and DA Davidson. A previously reported analyst upgrade also helped the stock reach a new 12-month high. BNP Paribas Exane Forecasts Strong Price Appreciation for AMETEK AMETEK Stock Price Expected to Rise, DA Davidson Analyst Says AMETEK Reaches New 12-Month High Following Analyst Upgrade
• Positive Sentiment: AMETEK’s latest quarterly report showed broad-based operating strength: earnings of $2.09 per share exceeded the $1.99 consensus estimate, while revenue of $2.04 billion surpassed expectations and increased 15% year over year. Management’s 2026 guidance remains consistent with continued earnings growth. AMETEK Earnings Call Signals Broad-Based Strength
• Neutral Sentiment: A Zacks screen identified AMETEK among high-return-on-equity stocks with solid earnings growth, although the article also noted broader market pressure related to surging oil prices. 5 High ROE Stocks to Buy as Oil Price Surge Hits Short-Term Rally

Analysts Set New Price Targets

AME has been the topic of a number of recent analyst reports. Robert W. Baird set a $275.00 price target on shares of AMETEK in a research note on Wednesday. Morgan Stanley raised 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. Weiss Ratings downgraded shares of AMETEK from a "buy (b)" rating to a "buy (b-)" rating in a report on Tuesday, July 28th. Mizuho set a $270.00 target price on shares of AMETEK in a report on Friday, May 1st. Finally, DA Davidson lifted their price target on shares of AMETEK from $265.00 to $285.00 and gave the company a "buy" rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $266.80.

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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