AMETEK, Inc. $AME is Maren Capital LLC’s 4th Largest Position

Maren Capital LLC raised its holdings in AMETEK, Inc. (NYSE:AME) by 2.5% in the second quarter, Holdings Channel reports. The fund owned 911,966 shares of the technology company’s stock after buying an additional 22,463 shares during the period. AMETEK accounts for approximately 10.2% of Maren Capital LLC’s investment portfolio, making the stock its 4th largest holding. Maren Capital LLC’s holdings in AMETEK were worth $220,641,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. BlackRock Inc. acquired a new position in AMETEK during the second quarter worth $4,725,928,000. State Street Corp increased its stake in shares of AMETEK by 2.0% in the 4th quarter. State Street Corp now owns 9,956,361 shares of the technology company’s stock worth $2,044,140,000 after acquiring an additional 192,677 shares during the last quarter. Geode Capital Management LLC raised its holdings 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 worth $1,204,722,000 after acquiring an additional 37,651 shares during the period. Invesco Ltd. raised its holdings in shares of AMETEK by 4.9% during the 3rd quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock worth $839,141,000 after acquiring an additional 209,043 shares during the period. Finally, Norges Bank acquired a new position in shares of AMETEK during the 4th quarter valued at about $831,372,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at AMETEK

In other AMETEK news, insider David Hermance sold 6,608 shares of the company’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 transaction, the insider directly owned 42,509 shares in the company, valued at $10,797,286. This represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on AME. Morgan Stanley upped their price objective on shares of AMETEK from $235.00 to $245.00 and gave the company an “equal weight” rating in a report on Friday, July 10th. KeyCorp boosted their target price on shares of AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. TD Cowen reissued a “buy” rating on shares of AMETEK in a research note on Thursday, August 6th. Robert W. Baird set a $275.00 price target on shares of AMETEK in a report on Wednesday, August 5th. Finally, Truist Financial upped their price objective on AMETEK from $303.00 to $316.00 and gave the company a “buy” rating in a report on Thursday, August 6th. One equities research 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. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $266.80.

AMETEK Stock Up 1.5%

Shares of AME opened at $237.80 on Friday. The company’s 50-day moving average price is $241.37 and its 200 day moving average price is $232.50. AMETEK, Inc. has a 12-month low of $179.24 and a 12-month high of $261.16. The company has a current ratio of 1.21, a quick ratio of 0.76 and a debt-to-equity ratio of 0.09. The firm has a market cap 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.

AMETEK (NYSE:AME) last announced its 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. The company had revenue of $2.04 billion during 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%. AMETEK’s revenue was up 15.0% compared to the same quarter last year. During the same quarter 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 forecast that AMETEK, Inc. will post 8.32 earnings per share for the current year.

AMETEK Announces Dividend

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

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.