Portfolio Design Labs LLC Invests $2.64 Million in AMETEK, Inc. $AME

Portfolio Design Labs LLC acquired a new stake in shares of AMETEK, Inc. (NYSE:AME) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 10,915 shares of the technology company’s stock, valued at approximately $2,641,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AME. BlackRock Inc. purchased a new stake in shares of AMETEK in the second quarter worth $4,725,928,000. State Street Corp lifted its stake 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 valued at $2,044,140,000 after buying an additional 192,677 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of AMETEK by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 5,891,236 shares of the technology company’s stock valued at $1,204,722,000 after buying an additional 37,651 shares in the last quarter. Invesco Ltd. boosted its holdings in AMETEK by 4.9% in the 3rd quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock worth $839,141,000 after buying an additional 209,043 shares during the period. Finally, Norges Bank purchased a new stake in AMETEK in the 4th quarter worth $831,372,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Stock Down 1.5%

NYSE AME opened at $239.54 on Friday. The stock has a 50 day moving average price of $240.65 and a 200-day moving average price of $231.93. AMETEK, Inc. has a one year low of $179.24 and a one year high of $261.16. 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 $54.90 billion, a P/E ratio of 35.02, a P/E/G ratio of 3.11 and a beta of 0.98.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, topping the consensus estimate of $1.99 by $0.10. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The company had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter in the previous year, the business posted $1.78 earnings per share. AMETEK’s quarterly 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. As a group, equities analysts predict that AMETEK, Inc. will post 8.32 EPS for the current fiscal year.

AMETEK Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.34 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. AMETEK’s payout ratio is currently 19.88%.

Key Headlines Impacting AMETEK

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: Broad EPS upgrades: Zacks raised its AMETEK earnings forecasts across multiple periods, including Q3 2026 EPS to $2.08 from $2.00 and full-year 2026 EPS to $8.27 from $8.07. It also increased FY2027 EPS to $8.74 from $8.47 and FY2028 EPS to $9.33 from $9.10. AMETEK earnings estimate revisions
• Positive Sentiment: Improved longer-term outlook: Zacks also lifted estimates for Q1 and Q2 2027, Q3 and Q4 2027, and Q1 and Q2 2028. The revisions imply continued earnings growth and put Zacks’ FY2028 forecast above the current-year consensus estimate of $8.33 per share. AMETEK analyst estimates
• Neutral Sentiment: Limited immediate catalyst: The estimate changes are favorable but relate mainly to future quarters and do not represent a new contract, acquisition, or change to company guidance. Zacks’ FY2026 forecast of $8.27 remains slightly below the broader consensus estimate of $8.33.
• Negative Sentiment: Valuation may be weighing on the shares: AMETEK trades at roughly 35 times earnings and near its 52-week high. That elevated valuation could encourage profit-taking or require stronger near-term results to drive additional upside, potentially explaining the stock’s weakness despite the positive estimate revisions.

Insiders Place Their Bets

In other news, insider David F. Hermance sold 6,608 shares of the 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 owned 42,509 shares of the company’s stock, valued at approximately $10,797,286. This represents a 13.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.54% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have commented on AME shares. Wall Street Zen cut AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Robert W. Baird set a $275.00 price objective on AMETEK in a research note on Wednesday, August 5th. KeyCorp lifted their target price on AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada boosted their price target on AMETEK from $260.00 to $291.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Finally, Barclays upped their price target on AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Monday, May 4th. 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. According to data from MarketBeat, AMETEK has a consensus rating of “Moderate Buy” and a consensus target price of $266.80.

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.