Revolve Wealth Partners LLC Takes $827,000 Position in AMETEK, Inc. $AME

Revolve Wealth Partners LLC acquired a new position in shares of AMETEK, Inc. (NYSE:AME) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 3,419 shares of the technology company’s stock, valued at approximately $827,000.

A number of other institutional investors also recently bought and sold shares of AME. Everhart Financial Group Inc. increased its holdings in shares of AMETEK by 67.1% during the 2nd quarter. Everhart Financial Group Inc. now owns 4,165 shares of the technology company’s stock worth $1,008,000 after buying an additional 1,672 shares during the last quarter. Affinity Capital Advisors LLC lifted its holdings in AMETEK by 1.1% in the second quarter. Affinity Capital Advisors LLC now owns 7,765 shares of the technology company’s stock valued at $1,841,000 after acquiring an additional 84 shares during the last quarter. Elevation Wealth Partners LLC grew its position in AMETEK by 239.5% in the second quarter. Elevation Wealth Partners LLC now owns 129 shares of the technology company’s stock worth $31,000 after acquiring an additional 91 shares during the period. Czech National Bank increased its stake in AMETEK by 4.1% during the second quarter. Czech National Bank now owns 65,240 shares of the technology company’s stock worth $15,784,000 after acquiring an additional 2,545 shares during the last quarter. Finally, PensionDanmark Pensionsforsikringsaktieselskab increased its stake in AMETEK by 7.7% during the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 54,147 shares of the technology company’s stock worth $13,100,000 after acquiring an additional 3,880 shares during the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other AMETEK news, insider David F. Hermance sold 6,608 shares of the business’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 transaction, the insider 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 legal filing with the SEC, which is available at the SEC website. 0.54% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on AME shares. Wall Street Zen lowered AMETEK from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Robert W. Baird set a $275.00 price objective on shares of AMETEK in a report on Wednesday, August 5th. Morgan Stanley upped their target price on shares of AMETEK from $235.00 to $245.00 and gave the company an “equal weight” rating in a research report on Friday, July 10th. Barclays increased their target price 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. Finally, Truist Financial lifted their price target on shares of AMETEK from $303.00 to $316.00 and gave the company a “buy” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, AMETEK has a consensus rating of “Moderate Buy” and a consensus target price of $266.80.

AMETEK Stock Performance

NYSE AME opened at $252.74 on Tuesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 0.76. The company has a market cap of $57.93 billion, a P/E ratio of 36.95, a P/E/G ratio of 3.24 and a beta of 0.98. The stock has a 50-day moving average of $236.68 and a two-hundred day moving average of $230.26. AMETEK, Inc. has a 1-year low of $179.24 and a 1-year high of $257.95.

AMETEK (NYSE:AME) last issued its quarterly 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 quarter in the prior year, the company earned $1.78 earnings per share. The business’s quarterly revenue 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. As a group, analysts anticipate that AMETEK, Inc. will post 8.33 EPS for the current year.

AMETEK Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders 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 yield of 0.5%. AMETEK’s dividend payout ratio is 19.88%.

AMETEK 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.