Haverford Trust Co Takes Position in AMETEK, Inc. $AME

Haverford Trust Co bought a new position in AMETEK, Inc. (NYSE:AME) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,547 shares of the technology company’s stock, valued at approximately $616,000.

Several other large investors have also recently bought and sold shares of the business. Frazier Financial Advisors LLC acquired a new stake in AMETEK during the 2nd quarter worth about $25,000. Darwin Wealth Management LLC acquired a new position in shares of AMETEK in the 2nd quarter valued at about $25,000. MV Capital Management Inc. acquired a new position in shares of AMETEK in the 4th quarter valued at about $28,000. Brown Lisle Cummings Inc. lifted its position in shares of AMETEK by 878.6% in 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 in the last quarter. Finally, BOKF NA boosted its holdings in shares of AMETEK by 137.7% during the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after purchasing an additional 84 shares during the period. 87.43% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, insider David F. Hermance sold 6,608 shares of the company’s 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 completion of the sale, the insider directly owned 42,509 shares in the company, valued at approximately $10,797,286. This represents a 13.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on AME. Citigroup boosted their price objective 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. Rothschild & Co Redburn set a $265.00 target price on shares of AMETEK in a research report on Thursday, June 18th. Mizuho set a $270.00 target price on shares of AMETEK in a research note on Friday, May 1st. KeyCorp boosted their price target on shares of AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Finally, Barclays upped their price target on shares of AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $266.80.

AMETEK Trading Up 0.2%

NYSE:AME opened at $239.67 on Friday. The stock’s 50 day moving average price is $240.90 and its 200 day moving average price is $231.99. AMETEK, Inc. has a 52 week low of $179.24 and a 52 week high of $261.16. The company has a market capitalization of $54.93 billion, a P/E ratio of 35.04, a P/E/G ratio of 3.06 and a beta of 0.98. 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 (NYSE:AME) last issued 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 firm 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 company’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same quarter last year, the firm earned $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, research analysts forecast that AMETEK, Inc. will post 8.32 EPS for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.34 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 19.88%.

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.