Corient Private Wealth LP Purchases New Position in AMETEK, Inc. $AME

Key Points

• Corient Private Wealth acquired 100,245 AMETEK shares in the second quarter, worth approximately $24.25 million. Institutional investors collectively own 87.43% of the company.
• AMETEK reported stronger-than-expected quarterly results, with EPS of $2.09 and revenue of $2.04 billion, 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 “Moderate Buy” consensus rating with an average price target of $266.80, while AMETEK declared a quarterly dividend of $0.34 per share, yielding about 0.6%.

Corient Private Wealth LP acquired a new stake in shares of AMETEK, Inc. (NYSE:AME - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 100,245 shares of the technology company's stock, valued at approximately $24,250,000.

Several other institutional investors have also modified their holdings of AME. Florida Financial Advisors LLC raised its holdings in AMETEK by 2.2% during the 4th quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company's stock valued at $406,000 after buying an additional 43 shares during the period. Plato Investment Management Ltd lifted its position in AMETEK by 0.4% in the fourth quarter. Plato Investment Management Ltd now owns 10,751 shares of the technology company's stock worth $2,218,000 after buying an additional 47 shares during the last quarter. Allegiance Financial Group Advisory Services LLC boosted its stake in AMETEK by 4.0% during the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 1,254 shares of the technology company's stock worth $257,000 after buying an additional 48 shares during the period. Washington Trust Advisors Inc. increased its position in AMETEK by 6.2% during the fourth quarter. Washington Trust Advisors Inc. now owns 850 shares of the technology company's stock valued at $175,000 after acquiring an additional 50 shares during the last quarter. Finally, Root Financial Partners LLC raised its stake in shares of AMETEK by 18.3% in the first quarter. Root Financial Partners LLC now owns 323 shares of the technology company's stock valued at $69,000 after acquiring an additional 50 shares during the period. 87.43% of the stock is owned by institutional investors.

AMETEK Stock Down 2.9%

Shares of NYSE:AME opened at $236.66 on Friday. The business's 50 day moving average is $241.73 and its 200 day moving average is $232.42. The stock has a market cap of $54.24 billion, a P/E ratio of 34.60, a price-to-earnings-growth ratio of 3.11 and a beta of 0.98. AMETEK, Inc. has a 52-week low of $179.24 and a 52-week 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.

AMETEK (NYSE:AME - Get Free Report) last issued its earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, beating analysts' consensus estimates of $1.99 by $0.10. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The business had revenue of $2.04 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same period in the previous year, the company posted $1.78 EPS. AMETEK'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. Sell-side analysts predict that AMETEK, Inc. will post 8.33 EPS for the current year.

AMETEK Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $0.34 dividend. 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 0.6%. AMETEK's dividend payout ratio is 19.88%.

Insiders Place Their Bets

In other AMETEK news, insider David F. Hermance sold 6,608 shares of the 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 transaction, the insider directly owned 42,509 shares in the company, valued at $10,797,286. This represents a 13.45% decrease in their position. The sale 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 company insiders.

Analyst Ratings Changes

Several research firms have recently issued reports on AME. Seaport Research Partners restated a "buy" rating and issued a $290.00 target price on shares of AMETEK in a report on Wednesday, August 5th. BNP Paribas Exane increased their price objective on shares of AMETEK from $270.00 to $280.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 5th. Truist Financial lifted their target price on AMETEK from $303.00 to $316.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Rothschild & Co Redburn set a $265.00 target price on shares of AMETEK in a research note on Thursday, June 18th. Finally, Mizuho set a $270.00 price target on shares of AMETEK in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, AMETEK presently has an average rating of "Moderate Buy" and a consensus 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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