Lpl Financial Adds $8M in AMETEK, Inc. ($AME)
LPL Financial added 32,154 shares of AMETEK, Inc., boosting its stake to 143,610 shares.
Key Points
- LPL Financial increased its position in AMETEK, Inc. by 28.85%, adding 32,154 shares to hold a total of 143,610 shares valued at $34.1 million.
- Shares of AMETEK, Inc. traded near $237.42 with a market cap of $54.4 billion and a P/E ratio of 35.92.
- Insider transactions included buys and sells by key executives, while analysts set varied price targets, emphasizing a 'buy' consensus.
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LPL Financial has significantly increased its investment in AMETEK, Inc. (NYSE: AME), as revealed in its latest 13F filing with the SEC. The firm added 32,154 shares, boosting its stake by 28.85% to a total of 143,610 shares. This position is valued at approximately $34.1 million, reflecting the firm's confidence in AMETEK's prospects.
Lpl Financial vs. the S&P 500
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What Changed in LPL Financial's AMETEK Position
LPL Financial's move to increase its holdings in AMETEK marks a notable adjustment in its investment strategy. Previously, the firm held 111,456 shares, and the addition of 32,154 shares indicates a significant vote of confidence in the company's future. The position's value, now at $34.1 million, underscores the firm's positive outlook.
Other Institutional Activity in AMETEK
In other institutional moves, BlackRock, Inc. reduced its holdings by 824,909 shares, ending with 18,828,257 shares valued at approximately $4.04 billion. Vanguard Capital Management LLC established a position with 14,926,515 shares worth about $3.20 billion. Meanwhile, State Street Corp increased its stake by 127,524 shares, bringing its total to 10,083,885 shares worth $2.16 billion. Price T Rowe Associates Inc /MD/ decreased its holdings by 967,516 shares, now holding 6,924,498 shares valued at $1.48 billion.
AMETEK, Inc. Stock Up 3.2%
Shares of AMETEK, Inc. traded near $237.42 recently. The company has a market capitalization of about $54.4 billion and a P/E ratio of 35.92. Its forward P/E is 26.94, and it carries a beta of 1.004, indicating moderate volatility. The stock's 52-week range spans from a low of $174.43 to a high of $243.18. Its 50-day moving average is $230.19, while the 200-day moving average stands at $211.87.
$AME stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
AMETEK reported revenue of $7.60 billion, reflecting a growth rate of 11.3%. The company's net margin is 20.11%, with a return on equity of 14.63%. Earnings per share (EPS) were reported at $6.61. Investors can look forward to the next earnings report 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 pays an annual dividend rate of $1.36, yielding 0.59%. The dividend payout ratio stands at 19.18%, indicating a balanced approach to returning value to shareholders while retaining earnings for growth.
Insider Buying and Selling at AMETEK, Inc.
Recent insider activity includes Ronald Oscher, Chief Administrative Officer, who both bought and sold 39,954 shares on May 27, 2026. Nick Stanage purchased 760 shares on May 7, 2026, at an average price of $234.73. Thomas Amato engaged in multiple transactions on March 24, 2026, buying and selling shares without a reported average price.
Analysts Set New Price Targets
On June 15, 2026, Citigroup initiated coverage with a 'hold' rating and a $257 price target. Earlier, on May 4, 2026, Truist Securities reiterated a 'buy' rating with a $275 target, while DA Davidson maintained a 'buy' rating with a $265 target. The consensus among 20 analysts is a 'buy' recommendation, with a mean target price of $259.05.
About AMETEK, Inc.
AMETEK, Inc. is a leading manufacturer of electronic instruments and electromechanical devices, serving various industries, including aerospace, power, and industrial markets. Headquartered in Berwyn, Pennsylvania, the company operates through its Electronic Instruments Group (EIG) and Electromechanical Group (EMG) segments. Under the leadership of CEO David A. Zapico, AMETEK employs approximately 22,500 people worldwide.
Bottom Line
LPL Financial's increased stake in AMETEK, Inc. highlights the firm's confidence in the company's potential. Investors closely watch such filings to gauge institutional sentiment. It's important to remember that 13F filings are backward-looking and may not reflect the current holdings of the firm.
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