Plato Investment Management Ltd Takes Position in AMETEK, Inc. $AME

Plato Investment Management Ltd acquired a new position in AMETEK, Inc. (NYSE:AME) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,751 shares of the technology company’s stock, valued at approximately $2,586,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in AMETEK by 6.2% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 487,238 shares of the technology company’s stock valued at $101,901,000 after purchasing an additional 28,621 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in shares of AMETEK during the 4th quarter worth approximately $1,027,000. Fifth Third Bancorp raised its stake in shares of AMETEK by 1,060.3% during the 1st quarter. Fifth Third Bancorp now owns 82,948 shares of the technology company’s stock worth $17,781,000 after purchasing an additional 75,799 shares in the last quarter. Wescott Financial Advisory Group LLC acquired a new stake in shares of AMETEK in the 4th quarter valued at approximately $1,122,000. Finally, Investment Management Corp VA ADV bought a new position in shares of AMETEK in the fourth quarter valued at $496,000. Institutional investors own 87.43% of the company’s stock.

Insider Buying and Selling

In other AMETEK news, insider David F. Hermance sold 6,608 shares of the stock in a transaction 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 transaction, the insider owned 42,509 shares in the company, valued at $10,797,286. This trade represents a 13.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

AME has been the topic of a number of recent analyst reports. Weiss Ratings upgraded shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. TD Cowen reissued a “buy” rating on shares of AMETEK in a research report on Thursday, August 6th. Seaport Research Partners restated a “buy” rating and set a $290.00 price objective on shares of AMETEK in a research note on Wednesday, August 5th. Citigroup upped their target price on shares of AMETEK from $257.00 to $261.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Finally, Mizuho set a $270.00 price target on AMETEK in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, AMETEK presently has an average rating of “Moderate Buy” and a consensus price target of $266.80.

AMETEK Trading Up 0.1%

Shares of AMETEK stock opened at $254.98 on Monday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 0.76. The business has a fifty day simple moving average of $238.97 and a two-hundred day simple moving average of $231.27. AMETEK, Inc. has a 1 year low of $179.24 and a 1 year high of $261.16. The company has a market capitalization of $58.44 billion, a price-to-earnings ratio of 37.28, a P/E/G ratio of 3.26 and a beta of 0.98.

AMETEK (NYSE:AME) last released its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, beating the consensus estimate of $1.99 by $0.10. The firm had revenue of $2.04 billion for 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 quarterly revenue was up 15.0% on a year-over-year basis. During the same period in the previous year, the company earned $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. Research analysts forecast that AMETEK, Inc. will post 8.33 EPS for the current year.

AMETEK Dividend Announcement

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

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.