CoreCap Advisors LLC Purchases 8,192 Shares of AMETEK, Inc. $AME

Key Points

• CoreCap Advisors increased its AMETEK holdings by 6,253.4% in the third quarter, purchasing 8,192 additional shares for a total position valued at approximately $2.06 million. Institutional investors collectively own 87.43% of the company.
• Analyst sentiment remains favorable: AMETEK has an overall “Moderate Buy” rating and an average price target of $268.88, while Zacks Research upgraded the stock to “Strong Buy.”
• AMETEK reported quarterly EPS of $2.09, beating estimates by $0.10, while revenue rose 15% year over year to $2.04 billion. The company also declared a quarterly dividend of $0.34, equivalent to a 0.5% annualized yield.

CoreCap Advisors LLC increased its holdings in AMETEK, Inc. (NYSE:AME - Free Report) by 6,253.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,323 shares of the technology company's stock after purchasing an additional 8,192 shares during the quarter. CoreCap Advisors LLC's holdings in AMETEK were worth $2,062,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Atwood & Palmer Inc. lifted its stake in AMETEK by 144.2% in the third quarter. Atwood & Palmer Inc. now owns 254 shares of the technology company's stock worth $63,000 after acquiring an additional 150 shares during the period. Everhart Financial Group Inc. increased its position in AMETEK by 26.7% during the 3rd quarter. Everhart Financial Group Inc. now owns 5,277 shares of the technology company's stock valued at $1,406,000 after purchasing an additional 1,112 shares during the period. Valeo Financial Advisors LLC purchased a new position in AMETEK during the 3rd quarter valued at $1,360,000. Plan A Wealth LLC boosted its stake in shares of AMETEK by 1.7% during the 3rd quarter. Plan A Wealth LLC now owns 4,787 shares of the technology company's stock valued at $1,186,000 after purchasing an additional 81 shares in the last quarter. Finally, Toth Financial Advisory Corp increased its position in shares of AMETEK by 67.3% during the third quarter. Toth Financial Advisory Corp now owns 251 shares of the technology company's stock valued at $62,000 after buying an additional 101 shares during the period. Hedge funds and other institutional investors own 87.43% of the company's stock.

Analysts Set New Price Targets

Several analysts have commented on AME shares. Zacks Research upgraded shares of AMETEK from a "hold" rating to a "strong-buy" rating in a report on Tuesday. DA Davidson set a $285.00 target price on AMETEK in a research note on Wednesday. Vertical Research began coverage on AMETEK in a research report on Tuesday, September 8th. They set a "buy" rating and a $255.00 price target on the stock. Truist Financial raised their price objective on AMETEK from $303.00 to $316.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Finally, Citigroup upped their target price on shares of AMETEK from $257.00 to $261.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $268.88.

AMETEK Price Performance

Shares of AME opened at $248.55 on Friday. The company has a market capitalization of $56.97 billion, a P/E ratio of 36.34, a price-to-earnings-growth ratio of 2.34 and a beta of 0.96. AMETEK, Inc. has a twelve month low of $179.24 and a twelve month high of $261.16. The company has a quick ratio of 0.76, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. The firm has a 50 day moving average of $244.83 and a 200 day moving average of $235.49.

AMETEK (NYSE:AME - Get Free Report) last issued 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 business had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%. The company's revenue was up 15.0% compared to the same quarter last year. During the same period last year, the business posted $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. As a group, equities research analysts anticipate that AMETEK, Inc. will post 8.42 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. Stockholders of record on Tuesday, September 15th were paid a $0.34 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.5%. AMETEK's payout ratio is currently 19.88%.

Insider Buying and Selling at AMETEK

In related news, insider David Hermance sold 6,608 shares of the firm's stock in a transaction that occurred on Friday, August 7th. The shares were 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 trade represents a 13.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.54% of the stock is owned by insiders.

More AMETEK News

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: Morgan Stanley raised its price target to $275 from $245, implying additional upside from recent trading levels and signaling increased confidence in AMETEK’s outlook. Morgan Stanley Adjusts Price Target on AMETEK to $275 From $245
• Positive Sentiment: Zacks Research upgraded AMETEK from Hold to Strong Buy and raised its estimates across multiple periods. Its forecasts increased to $8.40 EPS for fiscal 2026, $9.58 for fiscal 2027, and $10.66 for fiscal 2028, compared with previous estimates of $8.27, $8.74, and $9.33, respectively. AMETEK Upgraded to Strong-Buy at Zacks Research
• Positive Sentiment: Zacks also lifted quarterly EPS estimates, including Q3 2026 to $2.11 from $2.08, Q4 2026 to $2.23 from $2.13, Q1 2027 to $2.23 from $2.09, and Q3 2027 to $2.46 from $2.19. The increases suggest improving expectations for near- and longer-term operating performance.
• Positive Sentiment: A Zacks analysis identified AMETEK’s strong earnings-surprise history and favorable setup for another quarterly beat, potentially supporting investor optimism ahead of the next report. Why AMETEK Could Beat Earnings Estimates Again
• Neutral Sentiment: AMETEK is trading near its 12-month high and at roughly 36 times earnings, so the positive analyst revisions may already be partly reflected in the valuation. Continued upside could depend on the company meeting or exceeding its current guidance and consensus expectations.

AMETEK Company 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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