Requisite Capital Management LLC Invests $1.01 Million in AMETEK, Inc. $AME

Requisite Capital Management LLC acquired a new stake in shares of AMETEK, Inc. (NYSE:AME) during the second quarter, HoldingsChannel reports. The firm acquired 4,164 shares of the technology company’s stock, valued at approximately $1,007,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new position in AMETEK during the 2nd quarter valued at about $25,000. MV Capital Management Inc. bought a new position in shares of AMETEK in the fourth quarter valued at approximately $28,000. Brown Lisle Cummings Inc. increased its stake in shares of AMETEK by 878.6% during the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock valued at $29,000 after acquiring an additional 123 shares during the period. BOKF NA raised its holdings in 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 in the last quarter. Finally, SJS Investment Consulting Inc. raised its holdings in AMETEK by 393.1% during the first quarter. SJS Investment Consulting Inc. now owns 143 shares of the technology company’s stock worth $31,000 after purchasing an additional 114 shares in the last quarter. Institutional investors own 87.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on AME. KeyCorp upped their price target on shares of AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Barclays increased their target price on AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. Citigroup raised their target price on AMETEK from $257.00 to $261.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Seaport Research Partners reiterated a “buy” rating and set a $290.00 price target on shares of AMETEK in a report on Wednesday, August 5th. Finally, Truist Financial upped their price target on AMETEK from $303.00 to $316.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, AMETEK has a consensus rating of “Moderate Buy” and a consensus target price of $266.80.

Insider Buying and Selling

In other AMETEK news, insider David F. 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 value of $1,678,432.00. Following 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.54% of the stock is owned by company insiders.

AMETEK Stock Up 0.0%

AMETEK stock opened at $254.81 on Tuesday. AMETEK, Inc. has a twelve month low of $179.24 and a twelve month high of $261.16. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21. The firm has a market cap of $58.40 billion, a PE ratio of 37.25, a P/E/G ratio of 3.26 and a beta of 0.98. The firm’s 50 day moving average price is $239.55 and its two-hundred day moving average price is $231.51.

AMETEK (NYSE:AME) last issued its earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.99 by $0.10. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The company had revenue of $2.04 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same quarter last year, the business posted $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. On average, research analysts predict that AMETEK, Inc. will post 8.33 EPS for the current fiscal year.

AMETEK Dividend Announcement

The company 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 dividend of $0.34 per share. The ex-dividend date of this dividend 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 (DPR) is presently 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.