Tidal Investments LLC Purchases 52,795 Shares of AMETEK, Inc. $AME

Tidal Investments LLC increased its holdings in shares of AMETEK, Inc. (NYSE:AME) by 143.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 89,554 shares of the technology company’s stock after acquiring an additional 52,795 shares during the quarter. Tidal Investments LLC’s holdings in AMETEK were worth $21,667,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of AME. California State Teachers Retirement System raised its holdings in shares of AMETEK by 22,187.0% in the 2nd quarter. California State Teachers Retirement System now owns 86,405,968 shares of the technology company’s stock worth $20,905,060,000 after purchasing an additional 86,018,272 shares during the period. BlackRock Inc. bought a new position in AMETEK during the second quarter valued at $4,725,928,000. Norges Bank purchased a new stake in AMETEK in the fourth quarter worth $831,372,000. Flossbach Von Storch SE bought a new stake in shares of AMETEK in the second quarter valued at $662,352,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of AMETEK in the second quarter valued at $624,725,000. Institutional investors own 87.43% of the company’s stock.

Analysts Set New Price Targets

AME has been the subject of several research reports. Truist Financial increased their price target on AMETEK from $303.00 to $316.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Weiss Ratings upgraded shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th. Vertical Research assumed coverage on shares of AMETEK in a research report on Tuesday. They issued a “buy” rating and a $255.00 price target on the stock. Robert W. Baird set a $275.00 price target on shares of AMETEK in a research note on Wednesday, August 5th. Finally, BNP Paribas Exane raised their price objective on shares of AMETEK from $270.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, AMETEK has a consensus rating of “Moderate Buy” and a consensus target price of $266.06.

AMETEK Stock Down 0.8%

Shares of NYSE AME opened at $234.39 on Friday. The company has a quick ratio of 0.76, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. The company has a market cap of $53.72 billion, a P/E ratio of 34.27, a P/E/G ratio of 3.02 and a beta of 0.99. AMETEK, Inc. has a 52 week low of $179.24 and a 52 week high of $261.16. The business has a 50-day simple moving average of $241.27 and a two-hundred day simple moving average of $232.61.

AMETEK (NYSE:AME) last posted its 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. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The business had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $1.95 billion. During the same period in the prior year, the company posted $1.78 EPS. The business’s revenue for the quarter was up 15.0% compared to the same quarter last year. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. Research analysts anticipate that AMETEK, Inc. will post 8.32 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given 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 dividend payout ratio (DPR) is 19.88%.

Insider Transactions at AMETEK

In related news, insider David Hermance sold 6,608 shares of the business’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 in the company, valued at $10,797,286. The trade was 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 through this hyperlink. Corporate insiders own 0.54% of the company’s stock.

About AMETEK

AMETEK, Inc (NYSE: AME) is a diversified manufacturer of industrial technology products and solutions. The company develops equipment used to monitor, measure, test, control and analyze processes across a range of industrial and commercial applications.

AMETEK operates through two primary business groups: Electronic Instruments, which provides analytical, monitoring, testing and measurement equipment; and Electromechanical, which supplies automation systems, motors, power systems, aerospace and defense products, engineered materials and other specialized components.