Focus Financial Network Inc. Acquires 6,932 Shares of AMETEK, Inc. $AME

Key Points

• Focus Financial Network increased its AMETEK stake by 325.9% in the third quarter, purchasing 6,932 additional shares for a total position of 9,059 shares valued at approximately $2.24 million.
• AMETEK exceeded quarterly expectations with EPS of $2.09 and revenue of $2.04 billion, while revenue rose 15% year over year. The company issued fiscal 2026 EPS guidance of $8.20–$8.30.
• Analysts maintain a generally positive outlook, with AMETEK carrying a “Moderate Buy” consensus rating and an average price target of $274.41, above its reported share price of $246.56.

Focus Financial Network Inc. lifted its stake in AMETEK, Inc. (NYSE:AME - Free Report) by 325.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,059 shares of the technology company's stock after purchasing an additional 6,932 shares during the quarter. Focus Financial Network Inc.'s holdings in AMETEK were worth $2,244,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. BlackRock Inc. acquired a new stake in AMETEK during the 2nd quarter worth about $4,725,928,000. Wellington Management Group LLP grew its position in AMETEK by 7.0% during the 2nd quarter. Wellington Management Group LLP now owns 2,994,077 shares of the technology company's stock worth $724,387,000 after purchasing an additional 196,986 shares during the period. Flossbach Von Storch SE acquired a new stake in AMETEK during the 2nd quarter worth about $662,352,000. Bank of New York Mellon Corp purchased a new position in shares of AMETEK during the 2nd quarter valued at about $624,725,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of AMETEK by 1.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,075,229 shares of the technology company's stock valued at $444,788,000 after buying an additional 29,001 shares during the period. Institutional investors and hedge funds own 87.43% of the company's stock.

AMETEK Price Performance

Shares of AMETEK stock opened at $246.56 on Thursday. 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, Inc. has a twelve month low of $182.87 and a twelve month high of $261.16. The business has a 50-day moving average price of $244.72 and a 200 day moving average price of $236.38. The firm has a market cap of $56.51 billion, a PE ratio of 36.05, a P/E/G ratio of 2.37 and a beta of 0.96.

AMETEK (NYSE:AME - Get Free Report) last released its earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, topping 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 business had revenue of $2.04 billion during the quarter, compared to analysts' expectations of $1.95 billion. During the same quarter in the previous year, the company earned $1.78 earnings per share. The company's quarterly 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 8.41 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 0.6%. The ex-dividend date was Tuesday, September 15th. AMETEK's payout ratio is 19.88%.

Analysts Set New Price Targets

A number of brokerages have recently commented on AME. Truist Financial upped their target price on AMETEK from $303.00 to $316.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Rothschild & Co Redburn lifted their price target on AMETEK from $265.00 to $275.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. TD Cowen reiterated a "buy" rating on shares of AMETEK in a research report on Thursday, August 6th. Citigroup boosted their price target on AMETEK from $261.00 to $263.00 and gave the company a "neutral" rating in a report on Monday. Finally, Morgan Stanley set a $275.00 price objective on AMETEK in a research report on Friday, October 9th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, AMETEK currently has an average rating of "Moderate Buy" and an average price target of $274.41.

Insider Buying and Selling

In other AMETEK news, insider David Hermance sold 6,608 shares of the stock in a transaction that occurred on 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 completion of the transaction, the insider owned 42,509 shares of the company's stock, valued at $10,797,286. This represents a 13.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.54% of the company's stock.

AMETEK 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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