Groupe la Francaise Raises Stock Position in AMETEK, Inc. $AME

Groupe la Francaise boosted its stake in shares of AMETEK, Inc. (NYSE:AME) by 15.6% in the second quarter, HoldingsChannel.com reports. The fund owned 154,326 shares of the technology company’s stock after purchasing an additional 20,780 shares during the period. Groupe la Francaise’s holdings in AMETEK were worth $37,361,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AME. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in AMETEK in the 4th quarter valued at $1,027,000. Wescott Financial Advisory Group LLC acquired a new stake in AMETEK during the 4th quarter worth $1,122,000. Fifth Third Bancorp boosted its stake in AMETEK by 1,060.3% during the 1st quarter. Fifth Third Bancorp now owns 82,948 shares of the technology company’s stock worth $17,781,000 after purchasing an additional 75,799 shares during the last quarter. Jennison Associates LLC grew its holdings in shares of AMETEK by 93.0% during the first quarter. Jennison Associates LLC now owns 256,693 shares of the technology company’s stock worth $55,025,000 after buying an additional 123,719 shares in the last quarter. Finally, Erste Asset Management GmbH raised its position in shares of AMETEK by 191.8% in the fourth quarter. Erste Asset Management GmbH now owns 44,123 shares of the technology company’s stock valued at $9,161,000 after buying an additional 29,002 shares during the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AME has been the topic of several research reports. Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Truist Financial upped their price objective on shares of AMETEK from $303.00 to $316.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Robert W. Baird set a $275.00 price objective on shares of AMETEK in a report on Wednesday, August 5th. Morgan Stanley raised their target price on shares of AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Friday, July 10th. Finally, Citigroup boosted their target price on AMETEK from $257.00 to $261.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. One 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.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $266.80.

AMETEK Price Performance

NYSE:AME opened at $237.80 on Monday. AMETEK, Inc. has a 52 week low of $179.24 and a 52 week high of $261.16. The stock’s fifty day moving average is $241.37 and its two-hundred day moving average is $232.52. The company has a market capitalization of $54.50 billion, a P/E ratio of 34.77, a P/E/G ratio of 3.04 and a beta of 0.99. 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 (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 analysts’ consensus estimates of $1.99 by $0.10. The business had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The company’s revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the business posted $1.78 EPS. 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 expect that AMETEK, Inc. will post 8.32 EPS for the current year.

AMETEK Announces Dividend

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

Insider Activity

In related news, insider David Hermance sold 6,608 shares of the 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 owned 42,509 shares of the company’s stock, valued at approximately $10,797,286. This trade represents a 13.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.54% of the company’s stock.

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.