Tidal Investments LLC Purchases 52,795 Shares of AMETEK, Inc. $AME

Tidal Investments LLC increased its position in shares of AMETEK, Inc. (NYSE:AME) by 143.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 89,554 shares of the technology company’s stock after acquiring an additional 52,795 shares during the quarter. Tidal Investments LLC’s holdings in AMETEK were worth $21,667,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sivia Capital Partners LLC bought a new stake in shares of AMETEK in the 2nd quarter valued at about $295,000. Baird Financial Group Inc. boosted its stake in AMETEK by 16.1% during the 2nd quarter. Baird Financial Group Inc. now owns 16,784 shares of the technology company’s stock worth $3,037,000 after acquiring an additional 2,323 shares during the last quarter. NewEdge Advisors LLC grew its holdings in AMETEK by 65.0% during the second quarter. NewEdge Advisors LLC now owns 3,946 shares of the technology company’s stock valued at $714,000 after purchasing an additional 1,555 shares during the period. Sei Investments Co. increased its stake in AMETEK by 38.2% in the second quarter. Sei Investments Co. now owns 223,227 shares of the technology company’s stock valued at $40,392,000 after purchasing an additional 61,672 shares in the last quarter. Finally, Squarepoint Ops LLC raised its holdings in AMETEK by 105.3% in the second quarter. Squarepoint Ops LLC now owns 158,274 shares of the technology company’s stock worth $28,641,000 after purchasing an additional 81,178 shares during the period. 87.43% of the stock is currently owned by institutional investors and hedge funds.

AMETEK Stock Performance

NYSE:AME opened at $234.39 on Friday. AMETEK, Inc. has a fifty-two week low of $179.24 and a fifty-two week high of $261.16. The stock has a fifty day moving average price of $241.27 and a 200-day moving average price of $232.61. 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 company has a market cap of $53.72 billion, a price-to-earnings ratio of 34.27, a PEG ratio of 3.02 and a beta of 0.99.

AMETEK (NYSE:AME) last posted 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. The business had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The firm’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same quarter last 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. As a group, equities analysts anticipate that AMETEK, Inc. will post 8.32 EPS for the current fiscal year.

AMETEK Announces Dividend

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

Insider Activity

In other news, insider David Hermance sold 6,608 shares of the 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 completion of the sale, the insider directly owned 42,509 shares in the company, valued at $10,797,286. This represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.54% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have commented on AME shares. Weiss Ratings upgraded shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. DA Davidson increased their price objective on shares of AMETEK from $265.00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Robert W. Baird set a $275.00 price objective on shares of AMETEK in a report on Wednesday, August 5th. Royal Bank Of Canada upped their target price on shares of AMETEK from $260.00 to $291.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Finally, Truist Financial increased their target price on AMETEK from $303.00 to $316.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $266.06.

AMETEK Company Profile

AMETEK, Inc (NYSE: AME) is a diversified manufacturer of industrial technology products and solutions. The company develops equipment used to monitor, measure, test, control and analyze processes across a range of industrial and commercial applications.

AMETEK operates through two primary business groups: Electronic Instruments, which provides analytical, monitoring, testing and measurement equipment; and Electromechanical, which supplies automation systems, motors, power systems, aerospace and defense products, engineered materials and other specialized components.