Davis R M Inc. Sells 3,152 Shares of AMETEK, Inc. $AME

Davis R M Inc. lessened its stake in AMETEK, Inc. (NYSE:AME) by 1.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 317,777 shares of the technology company’s stock after selling 3,152 shares during the period. AMETEK accounts for about 1.0% of Davis R M Inc.’s portfolio, making the stock its 29th largest position. Davis R M Inc.’s holdings in AMETEK were worth $59,742,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Darwin Wealth Management LLC bought a new position in AMETEK in the 2nd quarter worth about $25,000. NewSquare Capital LLC raised its stake in shares of AMETEK by 129.7% during the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock valued at $31,000 after acquiring an additional 96 shares in the last quarter. TruNorth Capital Management LLC purchased a new stake in shares of AMETEK in the third quarter valued at approximately $31,000. SouthState Corp grew its stake in AMETEK by 47.4% in the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after purchasing an additional 65 shares in the last quarter. Finally, Grey Fox Wealth Advisors LLC purchased a new position in AMETEK during the 3rd quarter worth $39,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft initiated coverage on AMETEK in a report on Wednesday, January 21st. They issued a “buy” rating and a $271.00 target price for the company. TD Cowen reiterated a “buy” rating on shares of AMETEK in a report on Tuesday, February 3rd. Morgan Stanley raised their target price on shares of AMETEK from $198.00 to $215.00 and gave the company an “equal weight” rating in a research report on Monday, January 12th. Barclays upped their price target on shares of AMETEK from $210.00 to $220.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. Finally, Melius Research set a $235.00 price objective on shares of AMETEK in a research note on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $243.00.

AMETEK Stock Performance

AME stock opened at $238.73 on Monday. AMETEK, Inc. has a one year low of $145.02 and a one year high of $239.94. The firm has a market cap of $54.66 billion, a price-to-earnings ratio of 37.30, a PEG ratio of 3.42 and a beta of 1.02. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.67 and a current ratio of 1.06. The firm has a 50-day simple moving average of $220.97 and a two-hundred day simple moving average of $201.29.

AMETEK (NYSE:AME) last issued its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.94 by $0.07. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The firm had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the previous year, the firm earned $1.87 EPS. The company’s quarterly revenue was up 13.4% compared to the same quarter last year. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. On average, equities analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be issued a dividend of $0.34 per share. The ex-dividend date is Monday, March 16th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. This is a boost from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s dividend payout ratio (DPR) is currently 19.38%.

Insider Activity

In other news, VP Thomas M. Montgomery sold 6,388 shares of the firm’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $205.05, for a total value of $1,309,859.40. Following the completion of the sale, the vice president owned 22,116 shares of the company’s stock, valued at $4,534,885.80. This trade represents a 22.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO David A. Zapico sold 28,390 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $201.76, for a total value of $5,727,966.40. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 49,088 shares of company stock worth $9,930,020. Insiders own 0.57% of the company’s stock.

About AMETEK

AMETEK, Inc is a global manufacturer of electronic instruments and electromechanical devices that serves a broad range of industries. Headquartered in Berwyn, Pennsylvania, the company designs and produces precision instruments, electronic measurement devices, specialty sensors, and electric motors and motion control systems. Its product portfolio includes analytical and monitoring instruments, calibration equipment, power supplies, embedded electronics, and industrial motors and drives used for critical applications.

The company operates through two primary business platforms — an electronic instruments group focused on analytical, test and measurement and sensor products, and an electromechanical group that supplies motors, actuators, and related power and motion solutions.