Deutsche Bank AG Makes New $304.60 Million Investment in AMETEK, Inc. $AME

Key Points

• Deutsche Bank acquired 1.26 million AMETEK shares worth approximately $304.6 million during the second quarter, giving it about a 0.55% stake. Institutional investors collectively own 87.43% of the company.
• AMETEK exceeded quarterly expectations, reporting $2.09 in EPS on $2.04 billion in revenue, with revenue up 15% year over year. The company guided for third-quarter EPS of $2.08–$2.10 and full-year EPS of $8.20–$8.30.
• Analysts maintain a favorable outlook, with AMETEK carrying a consensus “Moderate Buy” rating and a $266.80 price target. The company also declared a $0.34 quarterly dividend, equal to a 0.5% annualized yield.

Deutsche Bank AG bought a new stake in AMETEK, Inc. (NYSE:AME - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,259,001 shares of the technology company's stock, valued at approximately $304,603,000. Deutsche Bank AG owned about 0.55% of AMETEK at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. State Street Corp lifted its holdings in AMETEK by 2.0% in the fourth quarter. State Street Corp now owns 9,956,361 shares of the technology company's stock valued at $2,044,140,000 after buying an additional 192,677 shares during the period. Geode Capital Management LLC boosted its stake in AMETEK by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 5,891,236 shares of the technology company's stock valued at $1,204,722,000 after acquiring an additional 37,651 shares during the last quarter. Invesco Ltd. grew its holdings in AMETEK by 4.9% during the 3rd quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company's stock worth $839,141,000 after acquiring an additional 209,043 shares during the period. Norges Bank acquired a new stake in AMETEK during the 4th quarter worth $831,372,000. Finally, Morgan Stanley raised its position in shares of AMETEK by 2.9% during the 4th quarter. Morgan Stanley now owns 3,963,062 shares of the technology company's stock valued at $813,657,000 after acquiring an additional 110,037 shares during the last quarter. Institutional investors and hedge funds own 87.43% of the company's stock.

Insider Activity

In other news, insider David F. Hermance sold 6,608 shares of the firm's stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $254.00, for a total transaction of $1,678,432.00. Following the sale, the insider owned 42,509 shares of the company's stock, valued at $10,797,286. This trade represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.54% of the stock is owned by company insiders.

AMETEK Trading Down 1.6%

Shares of NYSE AME opened at $250.21 on Wednesday. AMETEK, Inc. has a twelve month low of $179.24 and a twelve month high of $261.16. The stock has a market cap of $57.35 billion, a price-to-earnings ratio of 36.58, a P/E/G ratio of 3.26 and a beta of 0.98. 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 company's fifty day moving average is $239.95 and its 200-day moving average is $231.70.

AMETEK (NYSE:AME - Get Free Report) last released 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. The business had revenue of $2.04 billion during the quarter, compared to analysts' expectations of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The firm's quarterly revenue was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. Equities research analysts predict that AMETEK, Inc. will post 8.33 EPS for the current year.

AMETEK Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on AME shares. Truist Financial increased their price target on AMETEK from $303.00 to $316.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Seaport Research Partners reaffirmed a "buy" rating and set a $290.00 price objective on shares of AMETEK in a research note on Wednesday, August 5th. Royal Bank Of Canada upped their price objective on AMETEK from $260.00 to $291.00 and gave the company an "outperform" rating in a report on Wednesday, August 5th. BNP Paribas Exane increased their target price on AMETEK from $270.00 to $280.00 and gave the company an "outperform" rating in a research note on Wednesday, August 5th. Finally, Barclays boosted their target price on AMETEK from $220.00 to $230.00 and gave the stock an "equal weight" rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, AMETEK currently has a consensus rating of "Moderate Buy" and a consensus price target of $266.80.

About AMETEK

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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