Chancellor Financial Group WB LP Buys Shares of 2,000 AMETEK, Inc. $AME

Chancellor Financial Group WB LP bought a new position in AMETEK, Inc. (NYSE:AME) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 2,000 shares of the technology company’s stock, valued at approximately $484,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AME. Florida Financial Advisors LLC grew its holdings 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 buying an additional 43 shares during the period. Plato Investment Management Ltd raised its stake in AMETEK by 0.4% during the 4th 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 during the period. Allegiance Financial Group Advisory Services LLC lifted its holdings in AMETEK by 4.0% during the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 1,254 shares of the technology company’s stock worth $257,000 after acquiring an additional 48 shares in the last quarter. Washington Trust Advisors Inc. lifted its holdings in AMETEK by 6.2% during the fourth quarter. Washington Trust Advisors Inc. now owns 850 shares of the technology company’s stock worth $175,000 after acquiring an additional 50 shares in the last quarter. Finally, Root Financial Partners LLC grew its stake 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 acquiring an additional 50 shares during the period. 87.43% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on AME shares. Barclays increased their price target on AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Wall Street Zen lowered AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Rothschild & Co Redburn set a $265.00 target price on AMETEK in a research note on Thursday, June 18th. Robert W. Baird set a $275.00 target price on shares of AMETEK in a report on Wednesday, August 5th. Finally, DA Davidson lifted their price target on shares of AMETEK from $265.00 to $285.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. One 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’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $266.80.

Insiders Place Their Bets

In related 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 transaction of $1,678,432.00. Following the transaction, the insider directly owned 42,509 shares in the company, valued at approximately $10,797,286. The trade was a 13.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.54% of the company’s stock.

AMETEK Price Performance

Shares of NYSE AME opened at $250.21 on Wednesday. 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 business has a 50-day moving average of $239.95 and a 200-day moving average of $231.70. The stock has a market capitalization of $57.35 billion, a price-to-earnings ratio of 36.58, a PEG ratio of 3.26 and a beta of 0.98. AMETEK, Inc. has a fifty-two week low of $179.24 and a fifty-two week high of $261.16.

AMETEK (NYSE:AME) last released its 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 return on equity of 16.93% and a net margin of 20.04%.The business had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same quarter in the prior year, the company posted $1.78 earnings per share. AMETEK’s 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, sell-side analysts predict that AMETEK, Inc. will post 8.33 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 15th. AMETEK’s dividend payout ratio 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.