Squarepoint Ops LLC Purchases 231,615 Shares of AMETEK, Inc. $AME

Key Points

• Squarepoint Ops LLC increased its AMETEK stake by 2,494.5% in the second quarter, purchasing 231,615 additional shares and bringing its holdings to 240,900 shares valued at approximately $58.3 million. Institutional investors collectively own 87.43% of the company.
• AMETEK reported quarterly earnings of $2.09 per share, exceeding the $1.99 consensus estimate, while revenue rose 15% year over year to $2.04 billion. The company issued full-year 2026 EPS guidance of $8.20 to $8.30.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $266.06. AMETEK also announced a quarterly dividend of $0.34 per share, representing a 0.6% annualized yield.

Squarepoint Ops LLC increased its position in AMETEK, Inc. (NYSE:AME - Free Report) by 2,494.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 240,900 shares of the technology company's stock after purchasing an additional 231,615 shares during the quarter. Squarepoint Ops LLC owned approximately 0.11% of AMETEK worth $58,283,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. California State Teachers Retirement System grew its position in shares of AMETEK by 22,187.0% during the 2nd quarter. California State Teachers Retirement System now owns 86,405,968 shares of the technology company's stock worth $20,905,060,000 after buying an additional 86,018,272 shares during the period. BlackRock Inc. bought a new stake in shares of AMETEK during the second quarter worth approximately $4,725,928,000. 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. Finally, 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. 87.43% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

AME has been the topic of a number of analyst reports. BNP Paribas Exane increased their price target on AMETEK from $270.00 to $280.00 and gave the company an "outperform" rating in a research note on Wednesday, August 5th. Citigroup lifted their price objective on AMETEK from $257.00 to $261.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 5th. Seaport Research Partners reiterated a "buy" rating and issued a $290.00 price objective on shares of AMETEK in a report on Wednesday, August 5th. Royal Bank Of Canada raised their target price on AMETEK from $260.00 to $291.00 and gave the stock an "outperform" rating in a report on Wednesday, August 5th. Finally, Truist Financial boosted 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. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $266.06.

AMETEK Stock Up 0.1%

Shares of AMETEK stock opened at $237.90 on Wednesday. The firm has a market cap of $54.53 billion, a PE ratio of 34.78, a P/E/G ratio of 3.04 and a beta of 0.99. The business's 50 day simple moving average is $241.29 and its 200 day simple moving average is $232.58. 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, Inc. has a 52-week low of $179.24 and a 52-week high of $261.16.

AMETEK (NYSE:AME - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, topping 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 firm had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the prior year, the firm posted $1.78 EPS. The business'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. On average, analysts predict that AMETEK, Inc. will post 8.32 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The firm 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 $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 (DPR) is 19.88%.

Insider Transactions at AMETEK

In other AMETEK news, insider David Hermance sold 6,608 shares of AMETEK stock in a transaction on Friday, August 7th. The shares were 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 approximately $10,797,286. The trade was a 13.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.54% of the company's stock.

AMETEK Profile

AMETEK, Inc NYSE: AME is a diversified manufacturer of industrial technology products and solutions. The company develops equipment used to monitor, measure, test, control and analyze processes across a range of industrial and commercial applications.

AMETEK operates through two primary business groups: Electronic Instruments, which provides analytical, monitoring, testing and measurement equipment; and Electromechanical, which supplies automation systems, motors, power systems, aerospace and defense products, engineered materials and other specialized components.

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