Raymond James Financial Adds $1M in AMETEK, Inc. ($AME)
Raymond James Financial added 5,329 shares of AMETEK, increasing its position by 1.4%.
Key Points
- Raymond James Financial boosted its AMETEK holdings by 1.4%, adding 5,329 shares for a total of 390,221 shares valued at $94.8 million.
- Shares of AMETEK traded near $242.99 on Wednesday, with a market cap of $55.5 billion and a P/E ratio of 36.49.
- Insiders and analysts are active: Ronald Oscher bought and sold shares, while Citi and Truist set new price targets.
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Raymond James Financial boosted its position in AMETEK, Inc. (NYSE:AME) by 1.4% according to its latest SEC filing. The firm added 5,329 shares, bringing its total to 390,221 shares valued at approximately $94.8 million. This change was reported as of the quarter ending March 31, 2026.
Raymond James Financial vs. the S&P 500
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What Changed in Raymond James Financial's AMETEK Position
Raymond James Financial increased its AMETEK holdings by 5,329 shares, moving from 384,892 to 390,221 shares. The value of this investment stands at $94.8 million, reflecting the firm's continued confidence in the company.
Other Institutional Activity in AMETEK
BlackRock, Inc. reduced its AMETEK holdings by 824,909 shares, ending with 18,828,257 shares worth about $4.04 billion, a 4.2% decrease. Vanguard Capital Management LLC opened a new position with 14,926,515 shares valued at approximately $3.20 billion. State Street Corp increased its stake by 127,524 shares to hold 10,083,885 shares valued at around $2.16 billion, a 1.3% rise. Vanguard Portfolio Management LLC also opened a new position with 9,850,858 shares worth about $2.11 billion. Price T Rowe Associates Inc /MD/ cut its holdings by 967,516 shares, leaving it with 6,924,498 shares valued at $1.48 billion, a 12.3% decrease.
AMETEK, Inc. Stock Up 2.9%
Shares of AMETEK traded near $242.99 on Wednesday. The company has a market cap of $55.5 billion and a P/E ratio of 36.49. AMETEK's stock has a 52-week low of $174.43 and a high of $244.71. The 50-day moving average is $230.79, while the 200-day moving average is $213.39. The company's current ratio is 1.14, and its quick ratio is 0.61, with a debt-to-equity ratio of 22.49.
$AME stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its most recent earnings report, AMETEK posted revenue of $7.60 billion, reflecting growth of 11.3%. The company's net margin was 20.1%, with a return on equity of 14.6%. AMETEK reported earnings per share of $6.63. The next earnings report is expected on July 30, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
3 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 2.5%. Revenue met estimates.
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Profit surprise
EBITDA met by 1 percent. Operating income met by 2 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
3 target raises.
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Earnings quality
Gross margin up 1.1 points. Positive free cash flow.
Earnings Call Summary
The company reported first quarter revenue of $1.93 billion, up 11 percent, with earnings per share of $1.97, beating guidance of $1.85 to $1.90. Orders jumped 23 percent to a record $2.2 billion, with backlog reaching $3.87 billion. Core operating margins expanded 160 basis points to 27.9 percent, driven by EMG margin growth of 410 basis points and strong execution across all divisions. The company acquired First Aviation Services for defense aftermarket expansion and has $5 billion plus in available capital for M&A while maintaining investment-grade rating.
Guidance AMETEK raised full year earnings to $7.94 to $8.14 per share, up 7 to 10 percent from last year. Second quarter expected at $1.96 to $2 per share. Sales forecast for 2026 remains high single digit growth with mid-single digit organic growth, reflecting strong orders momentum into the year.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Dividend
AMETEK offers an annual dividend rate of $1.36, yielding 0.56% with a payout ratio of 19.18%.
Insider Buying and Selling at AMETEK, Inc.
On May 27, 2026, Ronald Oscher, Chief Administrative Officer, both bought and sold 39,954 shares. Nick Stanage purchased 760 shares on May 7, 2026, at an average price of $234.73. Thomas Amato made several transactions on March 24, 2026, both buying and selling shares.
Analysts Set New Price Targets
On June 15, 2026, Citigroup initiated coverage of AMETEK with a 'hold' rating and a $257 price target. Truist Securities reiterated its 'buy' rating with a $275 target on May 4, 2026. DA Davidson maintained a 'buy' rating and set a $265 target on the same day. Barclays maintained a 'hold' rating with a $230 target, also on May 4, 2026. RBC Capital maintained its 'buy' rating with a $260 target on May 1, 2026.
About AMETEK
AMETEK, Inc., headquartered in Berwyn, Pennsylvania, is a global leader in electronic instruments and electromechanical devices. The company operates in the specialty industrial machinery sector, providing advanced instruments and solutions to a variety of markets, including aerospace, power, and industrial sectors. Under the leadership of CEO David A. Zapico, AMETEK employs approximately 22,500 people worldwide.
Bottom Line
Raymond James Financial's recent increase in its AMETEK stake reflects a vote of confidence in the company's potential. Investors keep a close eye on such institutional moves as part of their broader market strategy. It's important to remember that 13F filings are historical snapshots and may not represent current positions.
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