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Buckland Partners Management Co LLC Buys Shares of 5,000 AMETEK, Inc. $AME

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Key Points

  • Buckland Partners Management acquired 5,000 AMETEK shares in the second quarter, valued at approximately $1.21 million. Institutional investors and hedge funds own 87.43% of the company.
  • AMETEK exceeded quarterly earnings expectations, reporting $2.09 in EPS versus the $1.99 consensus and $2.04 billion in revenue, up 15% year over year. The company issued third-quarter EPS guidance of $2.08–$2.10 and full-year guidance of $8.20–$8.30.
  • Analysts maintain a generally positive outlook, with an average rating of “Moderate Buy” and a $266.80 price target. AMETEK also declared a quarterly dividend of $0.34 per share, implying a 0.5% annualized yield.
  • Five stocks to consider instead of AMETEK.

Buckland Partners Management Co LLC bought a new position in AMETEK, Inc. (NYSE:AME - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,000 shares of the technology company's stock, valued at approximately $1,210,000.

Several other large investors have also recently bought and sold shares of the business. Darwin Wealth Management LLC acquired a new stake in AMETEK during the 2nd quarter worth about $25,000. MV Capital Management Inc. acquired a new position in shares of AMETEK in the 4th quarter valued at about $28,000. Brown Lisle Cummings Inc. lifted its position 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 purchasing an additional 123 shares in the last quarter. BOKF NA lifted its position in shares of AMETEK by 137.7% in the fourth quarter. BOKF NA now owns 145 shares of the technology company's stock worth $30,000 after purchasing an additional 84 shares in the last quarter. Finally, SJS Investment Consulting Inc. boosted its holdings in shares of AMETEK by 393.1% during the first quarter. SJS Investment Consulting Inc. now owns 143 shares of the technology company's stock worth $31,000 after purchasing an additional 114 shares during the period. 87.43% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other AMETEK news, insider David F. Hermance sold 6,608 shares of the company's stock in a transaction dated 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 completion of the sale, the insider directly owned 42,509 shares in the company, 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 Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is currently owned by corporate insiders.

AMETEK Stock Up 0.0%

AMETEK stock opened at $254.81 on Tuesday. The company has a market capitalization of $58.40 billion, a P/E ratio of 37.25, a P/E/G ratio of 3.26 and a beta of 0.98. The firm's fifty day simple moving average is $239.55 and its 200-day simple moving average is $231.51. 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, Inc. has a 1-year low of $179.24 and a 1-year high of $261.16.

AMETEK (NYSE:AME - Get Free Report) last posted its earnings results on Tuesday, August 4th. The technology company reported $2.09 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 the consensus estimate 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% on a year-over-year basis. During the same period in the prior year, the business posted $1.78 earnings per share. 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 8.33 earnings per share for the current fiscal year.

AMETEK Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. KeyCorp boosted their price objective on shares of AMETEK from $260.00 to $295.00 and gave the company an "overweight" rating in a research report on Wednesday, August 5th. Morgan Stanley increased their target price on shares of AMETEK from $235.00 to $245.00 and gave the stock an "equal weight" rating in a research report on Friday, July 10th. Rothschild & Co Redburn set a $265.00 price target on shares of AMETEK in a report on Thursday, June 18th. TD Cowen restated a "buy" rating on shares of AMETEK in a report on Thursday, August 6th. Finally, DA Davidson upped their price target on shares of AMETEK from $265.00 to $285.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $266.80.

Get Our Latest Research Report on AME

AMETEK Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding AME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMETEK, Inc. (NYSE:AME - Free Report).

Institutional Ownership by Quarter for AMETEK (NYSE:AME)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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