Lpl Financial 13F: Adds $7.8M to AMETEK (AME) Stake

Lpl Financial grew its investment in AMETEK, Inc. (NYSE:AME) by 28.8% during the most recent reporting period, according to its latest Form 13F filing with the SEC. The firm added 32,154 shares to its portfolio, ending the quarter with 143,610 shares. This position was valued at roughly $35.01 million at the time of the filing.

Portfolio Expansion for AMETEK

Lpl Financial moved from a previous count of 111,456 shares to 143,610 shares. This 28.8% increase shows a clear commitment to the industrial manufacturer. These filings are backward-looking and reflect holdings as of the reporting date, so they don't necessarily show what the fund is doing today, but they do offer a window into how large institutional players were positioned at the end of the quarter.

Institutional Interest in AMETEK

Lpl Financial isn't the only big player moving into the stock recently. Citigroup lifted its stake by 45%, reaching 187,180 shares worth about $45.48 million. Raymond James Financial also added 5,329 shares to its holdings, ending with a total of 385,957 shares valued at $93.72 million. BNP Paribas Asset Management increased its position by 4.9%, resulting in 415,367 shares worth $100.86 million. Meanwhile, Dz Bank AG made a much larger move, raising its holdings by 586% to nearly 1.3 million shares, a position valued at approximately $315.68 million.

Stock Performance and Valuation

On Saturday, shares of AMETEK were trading at $243.76. The stock has stayed well above its 200-day moving average of $228.07, showing a consistent upward trend over the last several months. While the price is off its 52-week high of $261.16, it remains significantly higher than its 52-week low of $179.24. The company currently has a P/E ratio of 35.27, though its forward P/E ratio sits lower at 25.17, suggesting that investors expect earnings to grow in the coming year.

Recent Earnings Trends

In its most recent financial results, AMETEK reported total revenue of $7.86 billion. The company saw a 15% increase in revenue compared to the previous year, showing it can still find growth in a competitive industrial market. It maintained a healthy bottom line as well, reporting a return on equity of 14.56%. The next time investors will get a look at the company's books will be on October 29, 2026.

Dividend Income

AMETEK provides a regular payout to its investors, currently offering an annual dividend rate of $1.36 per share. This results in a dividend yield of 0.57%. The company maintains a conservative payout ratio of 19.01%, which means it uses less than a fifth of its profits to cover these payments, leaving plenty of cash for other business needs.

Analysts Set New Price Targets

Several Wall Street firms have updated their views on the stock lately. On October 12, 2026, Citigroup maintained a Neutral rating and set a price target of $263.00. Earlier in the month, Baird kept its Neutral rating while raising its target to $280.00. Some firms are more optimistic; Truist Securities maintained a Buy rating on August 6, 2026, with a high price target of $316.00. Overall, the stock has a consensus buy rating from 18 analysts, with an average price target of $278.33.

Precision Instruments and Motors

AMETEK makes a wide variety of high-tech tools and motors. They build everything from dashboard sensors for heavy trucks to surgical instruments and specialized power supplies for the aerospace industry. Because their products are used in so many different fields—like medicine, defense, and oil and gas—the company isn't tied to the success of just one industry.

What to Watch at AMETEK, Inc.

Investors should keep an eye on the upcoming earnings report in October to see if the company can maintain its 15% revenue growth rate. While the recent 13F filing from Lpl Financial shows a vote of confidence, these reports only show a snapshot of the past. Future filings will reveal if the firm continued to build its stake as the stock approached its yearly highs.