NEOS Investment Management LLC Has $8.96 Million Holdings in AMETEK, Inc. $AME

NEOS Investment Management LLC lifted its holdings in shares of AMETEK, Inc. (NYSE:AME) by 12.1% during the 2nd quarter, Holdings Channel reports. The firm owned 37,017 shares of the technology company’s stock after purchasing an additional 3,990 shares during the period. NEOS Investment Management LLC’s holdings in AMETEK were worth $8,956,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Frazier Financial Advisors LLC acquired a new stake in AMETEK during the second quarter worth approximately $25,000. Fiduciary Financial Advisors bought a new position in AMETEK during the 2nd quarter worth $27,000. Elevation Wealth Partners LLC raised its holdings in AMETEK by 239.5% in the 2nd quarter. Elevation Wealth Partners LLC now owns 129 shares of the technology company’s stock valued at $31,000 after acquiring an additional 91 shares in the last quarter. MV Capital Management Inc. bought a new stake in shares of AMETEK during the 4th quarter valued at $28,000. Finally, Brown Lisle Cummings Inc. lifted its position in shares of AMETEK by 878.6% during the 1st quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock valued at $29,000 after acquiring an additional 123 shares during the period. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Royal Bank Of Canada raised their price target on AMETEK from $260.00 to $291.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Rothschild & Co Redburn set a $265.00 price objective on shares of AMETEK in a research note on Thursday, June 18th. Robert W. Baird set a $275.00 target price on shares of AMETEK in a report on Wednesday, August 5th. Seaport Research Partners restated a “buy” rating and issued a $290.00 target price on shares of AMETEK in a research report on Wednesday, August 5th. Finally, Citigroup upped their price target on shares of AMETEK from $257.00 to $261.00 and gave the stock a “neutral” rating in a 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’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $266.80.

AMETEK Price Performance

AMETEK stock opened at $237.80 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21. AMETEK, Inc. has a 52 week low of $179.24 and a 52 week high of $261.16. The stock has a market capitalization of $54.50 billion, a P/E ratio of 34.77, a price-to-earnings-growth ratio of 3.04 and a beta of 0.99. The stock has a fifty day moving average of $241.37 and a 200-day moving average of $232.50.

AMETEK (NYSE:AME) last released its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, beating 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 return on equity of 16.93% and a net margin of 20.04%.AMETEK’s revenue was up 15.0% compared to the same quarter last year. During the same period last year, the firm posted $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. On average, sell-side analysts expect that AMETEK, Inc. will post 8.32 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued 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 19.88%.

Insider Transactions at AMETEK

In related news, insider David Hermance sold 6,608 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were 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 in the company, valued at $10,797,286. This represents a 13.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

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.