Focus Partners Advisor Solutions LLC Makes New $2.02 Million Investment in AMETEK, Inc. $AME

Key Points

• Focus Partners Advisor Solutions acquired 8,331 AMETEK shares worth approximately $2.02 million during the second quarter. Institutional investors collectively own 87.43% of the company.
• AMETEK exceeded quarterly expectations, reporting $2.09 in EPS versus the $1.99 consensus and $2.04 billion in revenue, up 15% year over year. Analysts maintain a “Moderate Buy” consensus with a $266.80 average price target.
• The company declared a quarterly dividend of $0.34 per share, representing a 0.5% yield, while insider David F. Hermance sold 6,608 shares valued at roughly $1.68 million.

Focus Partners Advisor Solutions LLC purchased a new stake in AMETEK, Inc. (NYSE:AME - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 8,331 shares of the technology company's stock, valued at approximately $2,016,000.

Other institutional investors have also made changes to their positions in the company. Darwin Wealth Management LLC acquired a new stake in shares of AMETEK in the second quarter worth $25,000. MV Capital Management Inc. acquired a new position in AMETEK during the 4th quarter valued at $28,000. Brown Lisle Cummings Inc. boosted its holdings in AMETEK by 878.6% in the 1st quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company's stock valued at $29,000 after purchasing an additional 123 shares during the period. BOKF NA boosted its holdings in AMETEK by 137.7% in the 4th quarter. BOKF NA now owns 145 shares of the technology company's stock valued at $30,000 after purchasing an additional 84 shares during the period. Finally, Transamerica Financial Advisors LLC grew its position in AMETEK by 73.9% in the 4th quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company's stock worth $31,000 after purchasing an additional 65 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors.

AMETEK Price Performance

Shares of AMETEK stock opened at $254.98 on Friday. The firm has a market cap of $58.44 billion, a P/E ratio of 37.28, a price-to-earnings-growth ratio of 3.26 and a beta of 0.98. The firm's 50-day simple moving average is $238.97 and its 200-day simple moving average is $231.19. AMETEK, Inc. has a twelve month low of $179.24 and a twelve month high of $261.16. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21.

AMETEK (NYSE:AME - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.99 by $0.10. The firm had revenue of $2.04 billion during the quarter, compared to analyst estimates of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The company's quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter 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. As a group, research analysts expect that AMETEK, Inc. will post 8.33 EPS for the current fiscal year.

AMETEK Dividend Announcement

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

Insider Buying and Selling

In other AMETEK news, insider David F. Hermance sold 6,608 shares of the company's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $254.00, for a total value of $1,678,432.00. Following 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Citigroup upped their price objective on shares of AMETEK from $257.00 to $261.00 and gave the company a "neutral" rating in a research report on Wednesday, August 5th. Seaport Research Partners restated a "buy" rating and set a $290.00 price target on shares of AMETEK in a research note on Wednesday, August 5th. Rothschild & Co Redburn set a $265.00 price target on AMETEK in a report on Thursday, June 18th. Royal Bank Of Canada raised their price objective on AMETEK from $260.00 to $291.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 5th. Finally, Weiss Ratings raised AMETEK from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $266.80.

AMETEK Company 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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