Jones Financial Companies Lllp Invests $10.24 Million in AMETEK, Inc. $AME

Jones Financial Companies Lllp bought a new stake in AMETEK, Inc. (NYSE:AME) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 42,311 shares of the technology company’s stock, valued at approximately $10,237,000.

Several other institutional investors and hedge funds have also modified their holdings of AME. Frazier Financial Advisors LLC bought a new position in AMETEK during the second quarter worth about $25,000. Darwin Wealth Management LLC bought a new stake in AMETEK in the 2nd quarter valued at about $25,000. Fiduciary Financial Advisors bought a new stake in AMETEK in the 2nd quarter valued at about $27,000. MV Capital Management Inc. acquired a new position in shares of AMETEK during the 4th quarter worth approximately $28,000. Finally, Brown Lisle Cummings Inc. increased its holdings in shares of AMETEK by 878.6% during the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after purchasing an additional 123 shares during the period. 87.43% of the stock is currently owned by institutional investors and hedge funds.

AMETEK Price Performance

Shares of NYSE:AME opened at $242.30 on Tuesday. The firm has a 50 day moving average of $241.14 and a 200-day moving average of $232.11. The stock has a market capitalization of $55.53 billion, a PE ratio of 35.42, a PEG ratio of 3.06 and a beta of 0.98. The company has a current ratio of 1.21, a quick ratio of 0.76 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.

AMETEK (NYSE:AME) last posted its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.99 by $0.10. The business had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The firm’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same quarter last year, the business posted $1.78 EPS. 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, equities research analysts predict that AMETEK, Inc. will post 8.32 EPS for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders 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 of this dividend is Tuesday, September 15th. AMETEK’s dividend payout ratio (DPR) is currently 19.88%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Citigroup lifted their price target on shares of AMETEK from $257.00 to $261.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Robert W. Baird set a $275.00 price target on AMETEK in a research report on Wednesday, August 5th. Weiss Ratings upgraded AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th. KeyCorp lifted their price objective on AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Finally, BNP Paribas Exane upped their target price on AMETEK from $270.00 to $280.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $266.80.

Insider Activity

In other news, insider David F. Hermance sold 6,608 shares of the business’s 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 completion of the transaction, the insider owned 42,509 shares of the company’s stock, valued at approximately $10,797,286. The trade was a 13.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.54% of the company’s stock.

About AMETEK

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.