James Hambro & Partners 13F: Adds $14M to AMETEK (AME) Stake
Key Points
- James Hambro & Partners grew its AMETEK position by 9.9%, adding 57,572 shares to finish with 638,891 shares valued at about $158.3 million.
- AMETEK recently traded around $247.22, sitting roughly 1.1% above its 50-day moving average and backed by trailing twelve-month revenue of $7.86 billion.
- Wall Street analysts hold a consensus buy rating on the stock with an average price target of $282.06 ahead of its upcoming earnings report on November 3, 2026.
Since the filing, $AME is down 0.1% to date (from the $247.22 close on Oct 19, 2026).
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James Hambro & Partners boosted its stake in AMETEK, Inc. (NYSE:AME) by 9.9% during the quarter, according to a Form 13F filed with the Securities and Exchange Commission on October 19, 2026. The fund purchased an additional 57,572 shares to bring its total ownership to 638,891 shares. The reported value of the holding reached approximately $158.3 million at the time of the filing.
What Changed in James Hambro & Partners's AMETEK Position
Prior to this filing, the fund held 581,319 shares of the specialty industrial machinery maker. The addition of 57,572 shares lifted the portfolio weight in AMETEK through a 9.9% increase. The firm reported the total value of its stake at $158,336,354 in the filing dated October 19, 2026.
AMETEK, Inc. Stock Holds Steady
AMETEK shares recently traded near $247.22, matching the closing price on the filing date of October 19, 2026. The stock sits about 1.1% above its 50-day moving average of $244.64 and roughly 6.3% above its 200-day moving average of $232.68. Shares have traded in a 52-week range between $182.87 and $261.16.
Recent Earnings
AMETEK generates trailing twelve-month revenue of $7.86 billion with earnings of $6.84 per share. The business operates with a net profit margin of 20.0% and a return on equity of 14.6%. The company is scheduled to release its next financial results on November 3, 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 per share, which translates to a dividend yield of 0.55%. The company allocates 19.0% of its earnings toward dividend payments through its payout ratio.
Insider Buying and Selling at AMETEK, Inc.
Company insiders have completed several transactions over the past several months. On March 24, 2026, Director Thomas A Amato sold 530 shares at an average price of $216.78 for a total value of $114,893. Later, on August 7, 2026, Officer David F. Hermance disposed of 6,608 shares at a price of $254.00, totaling about $1.68 million. Additionally, Director Nickie Lee Stanage acquired 4,000 shares on August 11, 2026, at an average price of $255.85, representing a transaction value of roughly $1.02 million.
Analysts Set New Price Targets
Wall Street research firms maintain active coverage on AMETEK shares. Truist Securities kept a buy rating on August 6, 2026, moving its price target from $303.00 to $316.00. On the same day, TD Cowen maintained a buy rating while lifting its target to $275.00 from $260.00. BNP Paribas reaffirmed an outperform rating on September 11, 2026, raising its target to $290.00. Baird kept a neutral stance on October 5, 2026, adjusting its target to $280.00, while Citigroup maintained a neutral rating on October 12, 2026, with a target of $263.00. Overall, the stock carries a consensus buy recommendation from 18 analysts, with an average target price of $282.06.
About AMETEK
AMETEK, Inc. is headquartered in Berwyn, Pennsylvania, and operates as a global manufacturer of electronic instruments and electromechanical devices. The company serves diverse industrial, aerospace, and medical markets through its specialized operating segments. Institutional interest remains steady as the firm approaches its next scheduled earnings update in early November.
Bottom Line
Investors tracking AMETEK will look toward the upcoming earnings report on November 3, 2026, for further updates on revenue growth and profit margins. Institutional holdings reports and continued insider transactions will provide additional context on market sentiment for the industrial machinery manufacturer.
Source: James Hambro & Partners's 13F filing on $AME (Oct 19, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts