Osterweis Capital Management Inc. Purchases New Stake in AMETEK, Inc. $AME

Key Points

• Osterweis Capital Management acquired 115,696 AMETEK shares worth approximately $28 million, making AME 1.3% of its portfolio. 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. The company guided for fiscal 2026 EPS of $8.20–$8.30.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $266.80, while AMETEK announced a quarterly dividend of $0.34 per share, yielding approximately 0.6%.

Osterweis Capital Management Inc. acquired a new position in AMETEK, Inc. (NYSE:AME - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 115,696 shares of the technology company's stock, valued at approximately $27,991,000. AMETEK makes up 1.3% of Osterweis Capital Management Inc.'s portfolio, making the stock its 29th largest position. Osterweis Capital Management Inc. owned about 0.05% of AMETEK at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of AME. BlackRock Inc. purchased a new stake in shares of AMETEK in the second quarter worth approximately $4,725,928,000. Norges Bank acquired a new stake in shares of AMETEK during the fourth quarter worth approximately $831,372,000. Flossbach Von Storch SE purchased a new position in AMETEK during the second quarter valued at approximately $662,352,000. Bank of New York Mellon Corp purchased a new position in AMETEK during the second quarter valued at approximately $624,725,000. Finally, Wellington Management Group LLP increased its stake in AMETEK by 302.9% in the 4th quarter. Wellington Management Group LLP now owns 2,807,664 shares of the technology company's stock valued at $576,441,000 after buying an additional 2,110,818 shares during the period. 87.43% of the stock is currently owned by institutional investors and hedge funds.

AMETEK Price Performance

Shares of AME opened at $242.30 on Tuesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21. The firm has a market cap of $55.53 billion, a PE ratio of 35.42, a PEG ratio of 3.06 and a beta of 0.98. The firm's 50 day moving average price is $241.14 and its 200 day moving average price is $232.11. AMETEK, Inc. has a twelve month low of $179.24 and a twelve month high of $261.16.

AMETEK (NYSE:AME - Get Free Report) last posted its earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, topping the consensus estimate of $1.99 by $0.10. The company had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The company's revenue for the quarter was up 15.0% compared to the same quarter last year. During the same period in the previous year, the firm 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 8.32 EPS for the current fiscal year.

AMETEK Announces Dividend

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 issued a $0.34 dividend. The ex-dividend date 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 currently 19.88%.

Analyst Ratings Changes

AME has been the subject of a number of research reports. Rothschild & Co Redburn set a $265.00 target price on shares of AMETEK in a research note on Thursday, June 18th. BNP Paribas Exane upped their price target on shares of AMETEK from $270.00 to $280.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 5th. Truist Financial increased their price objective on AMETEK from $303.00 to $316.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. Robert W. Baird set a $275.00 price objective on AMETEK in a research report on Wednesday, August 5th. Finally, Wall Street Zen downgraded AMETEK from a "buy" rating to a "hold" rating in a research note on Sunday, May 10th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $266.80.

Insider Buying and Selling

In other AMETEK 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 transaction, the insider directly owned 42,509 shares in the company, valued at $10,797,286. This trade represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is owned by insiders.

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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