Revolve Wealth Partners LLC Acquires Shares of 3,419 AMETEK, Inc. $AME

Revolve Wealth Partners LLC bought a new position in shares of AMETEK, Inc. (NYSE:AME) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,419 shares of the technology company’s stock, valued at approximately $827,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. State Street Corp raised its position in shares of AMETEK by 2.0% during the 4th quarter. State Street Corp now owns 9,956,361 shares of the technology company’s stock worth $2,044,140,000 after acquiring an additional 192,677 shares in the last quarter. Geode Capital Management LLC boosted its holdings 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 purchasing an additional 37,651 shares in the last quarter. Invesco Ltd. increased its stake in AMETEK by 4.9% in the third quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock valued at $839,141,000 after purchasing an additional 209,043 shares during the last quarter. Norges Bank purchased a new position in AMETEK in the fourth quarter valued at approximately $831,372,000. Finally, Morgan Stanley raised its holdings in AMETEK by 2.9% during the fourth quarter. Morgan Stanley now owns 3,963,062 shares of the technology company’s stock worth $813,657,000 after purchasing an additional 110,037 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other AMETEK news, insider David F. Hermance sold 6,608 shares of AMETEK stock in a transaction that occurred 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 transaction, the insider directly owned 42,509 shares in the company, valued at approximately $10,797,286. This trade represents a 13.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.54% of the company’s stock.

AMETEK Trading Down 0.4%

Shares of AMETEK stock opened at $252.74 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 company has a market capitalization of $57.93 billion, a P/E ratio of 36.95, a PEG ratio of 3.24 and a beta of 0.98. AMETEK, Inc. has a 1 year low of $179.24 and a 1 year high of $257.95. The company’s fifty day moving average is $236.68 and its two-hundred day moving average is $230.26.

AMETEK (NYSE:AME) last announced its earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, beating 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 period in the prior year, the company earned $1.78 earnings per share. The business’s revenue was up 15.0% compared to the same quarter last year. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. Analysts forecast that AMETEK, Inc. will post 8.33 earnings per share for the current year.

AMETEK Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.34 per share. 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 dividend payout ratio (DPR) is presently 19.88%.

Analyst Ratings Changes

Several research analysts have recently issued reports on AME shares. KeyCorp upped their target price on shares of AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Royal Bank Of Canada lifted their price target on shares of AMETEK from $260.00 to $291.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. DA Davidson boosted their price target on shares of AMETEK from $265.00 to $285.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Robert W. Baird set a $275.00 price objective on AMETEK in a report on Wednesday, August 5th. Finally, Mizuho set a $270.00 target price on AMETEK in a research report on Friday, May 1st. One 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’s stock. According to data from MarketBeat, AMETEK presently has a consensus rating of “Moderate Buy” and a consensus target price of $266.80.

AMETEK 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.