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

Maren Capital LLC raised its stake in AMETEK, Inc. (NYSE:AME) by 2.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 911,966 shares of the technology company’s stock after acquiring an additional 22,463 shares during the quarter. AMETEK makes up approximately 10.2% of Maren Capital LLC’s investment portfolio, making the stock its 4th largest position. Maren Capital LLC owned approximately 0.40% of AMETEK worth $220,641,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Florida Financial Advisors LLC lifted its stake in shares of AMETEK by 2.2% in the 4th quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company’s stock valued at $406,000 after purchasing an additional 43 shares during the period. Plato Investment Management Ltd boosted its holdings in AMETEK by 0.4% during the fourth quarter. Plato Investment Management Ltd now owns 10,751 shares of the technology company’s stock worth $2,218,000 after buying an additional 47 shares in the last quarter. Washington Trust Advisors Inc. grew its position in AMETEK by 6.2% during the fourth quarter. Washington Trust Advisors Inc. now owns 850 shares of the technology company’s stock valued at $175,000 after buying an additional 50 shares during the period. Root Financial Partners LLC increased its holdings in AMETEK by 18.3% in the first quarter. Root Financial Partners LLC now owns 323 shares of the technology company’s stock valued at $69,000 after buying an additional 50 shares in the last quarter. Finally, ICW Investment Advisors LLC increased its holdings in AMETEK by 0.7% in the fourth quarter. ICW Investment Advisors LLC now owns 7,831 shares of the technology company’s stock valued at $1,608,000 after buying an additional 51 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Insider Activity

In other news, insider David Hermance sold 6,608 shares of AMETEK stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $254.00, for a total value of $1,678,432.00. Following the sale, the insider directly owned 42,509 shares of the company’s stock, valued at $10,797,286. The trade was a 13.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.54% of the stock is owned by corporate insiders.

AMETEK Stock Up 1.5%

Shares of NYSE AME opened at $237.80 on Friday. The firm has a market cap of $54.50 billion, a price-to-earnings ratio of 34.77, a price-to-earnings-growth ratio of 3.04 and a beta of 0.99. The company’s 50-day simple moving average is $241.37 and its 200-day simple moving average is $232.50. The company has a quick ratio of 0.76, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. AMETEK, Inc. has a 52-week low of $179.24 and a 52-week high of $261.16.

AMETEK (NYSE:AME) last released its quarterly 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. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The firm had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the prior year, the firm earned $1.78 EPS. The company’s revenue for the quarter was up 15.0% on a year-over-year basis. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. Equities analysts predict that AMETEK, Inc. will post 8.32 EPS for the current fiscal year.

AMETEK Announces Dividend

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

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on AME shares. BNP Paribas Exane increased their target price on shares of AMETEK from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note 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. Morgan Stanley increased their price target on AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Friday, July 10th. Wall Street Zen lowered AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Finally, KeyCorp boosted their price objective on AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $266.80.

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.