Flossbach Von Storch SE bought a new position in shares of AMETEK, Inc. (NYSE:AME – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,737,670 shares of the technology company’s stock, valued at approximately $662,352,000. AMETEK comprises 3.0% of Flossbach Von Storch SE’s holdings, making the stock its 12th largest holding. Flossbach Von Storch SE owned approximately 1.19% of AMETEK as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently modified their holdings of AME. BlackRock Inc. bought a new stake in shares of AMETEK in the 2nd quarter valued at about $4,725,928,000. State Street Corp grew its holdings in AMETEK by 2.0% during 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 purchasing an additional 192,677 shares during the period. Geode Capital Management LLC grew its holdings in AMETEK by 0.6% during 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 during the period. 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 in the last quarter. Finally, Norges Bank acquired a new stake in AMETEK in the fourth quarter worth $831,372,000. 87.43% of the stock is currently owned by institutional investors and hedge funds.
AMETEK Stock Down 2.6%
Shares of AME stock opened at $243.43 on Thursday. The firm has a fifty day moving average of $240.38 and a 200-day moving average of $231.82. The company has a quick ratio of 0.76, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. AMETEK, Inc. has a 12-month low of $179.24 and a 12-month high of $261.16. The company has a market capitalization of $55.79 billion, a price-to-earnings ratio of 35.59, a P/E/G ratio of 3.20 and a beta of 0.98.
AMETEK Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, September 15th. AMETEK’s payout ratio is 19.88%.
Insider Buying and Selling at AMETEK
In other news, insider David F. Hermance sold 6,608 shares of the company’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 completion of the transaction, the insider directly owned 42,509 shares of the company’s stock, valued at $10,797,286. This 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 this hyperlink. 0.54% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on the stock. Truist Financial lifted their price target on shares of AMETEK from $303.00 to $316.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Seaport Research Partners reaffirmed a “buy” rating and set a $290.00 price objective on shares of AMETEK in a research note on Wednesday, August 5th. BNP Paribas Exane lifted their target price on AMETEK from $270.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Morgan Stanley boosted their target price on AMETEK from $235.00 to $245.00 and gave the company an “equal weight” rating in a research note on Friday, July 10th. Finally, DA Davidson raised their price target on AMETEK from $265.00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $266.80.
AMETEK News Summary
Here are the key news stories impacting AMETEK this week:
- Positive Sentiment: Broad-based earnings revisions: Zacks raised its estimates for AMETEK’s third-quarter 2026 EPS to $2.08 from $2.00 and full-year 2026 EPS to $8.27 from $8.07. It also increased its FY2027 estimate to $8.74 from $8.47 and FY2028 estimate to $9.33 from $9.10, signaling stronger anticipated operating performance. AMETEK analyst estimates
- Positive Sentiment: Higher quarterly forecasts: Zacks lifted estimates for Q1 2027 EPS to $2.09, Q2 2027 to $2.13, Q3 2027 to $2.19, Q4 2027 to $2.34, Q1 2028 to $2.29 and Q2 2028 to $2.31. The revisions indicate confidence in continued earnings growth following AMETEK’s latest quarterly report, which exceeded revenue and EPS expectations.
- Neutral Sentiment: Limited near-term catalyst: Zacks’ FY2026 EPS forecast of $8.27 remains slightly below the broader consensus of $8.33. With AMETEK valued at a relatively elevated P/E ratio and trading close to its 52-week high, investors may be taking profits despite the improved longer-term outlook.
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.
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