Captrust Financial Advisors Grows Stake in AMETEK, Inc. $AME

Captrust Financial Advisors increased its position in AMETEK, Inc. (NYSE:AMEFree Report) by 3.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 268,096 shares of the technology company’s stock after acquiring an additional 8,101 shares during the quarter. Captrust Financial Advisors’ holdings in AMETEK were worth $50,402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of AME. Vanguard Group Inc. boosted its position in AMETEK by 0.7% in the third quarter. Vanguard Group Inc. now owns 27,173,705 shares of the technology company’s stock worth $5,108,657,000 after purchasing an additional 176,040 shares during the last quarter. State Street Corp increased its position in shares of AMETEK by 1.3% during the 3rd quarter. State Street Corp now owns 9,763,684 shares of the technology company’s stock valued at $1,835,573,000 after purchasing an additional 126,381 shares during the last quarter. Invesco Ltd. lifted its stake in shares of AMETEK by 4.9% in the 3rd quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock worth $839,141,000 after purchasing an additional 209,043 shares during the period. Norges Bank bought a new position in shares of AMETEK in the 2nd quarter worth approximately $650,613,000. Finally, EdgePoint Investment Group Inc. boosted its holdings in shares of AMETEK by 24.4% in the second quarter. EdgePoint Investment Group Inc. now owns 2,926,530 shares of the technology company’s stock worth $529,585,000 after buying an additional 573,191 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Stock Performance

Shares of NYSE AME opened at $212.47 on Thursday. The firm has a fifty day moving average price of $224.88 and a 200-day moving average price of $204.70. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 0.67. The stock has a market cap of $48.67 billion, a PE ratio of 33.20, a price-to-earnings-growth ratio of 3.08 and a beta of 1.02. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $242.05.

AMETEK (NYSE:AMEGet Free Report) last released its earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.07. The company had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.94 billion. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. AMETEK’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.87 EPS. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. Equities analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share 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 given a $0.34 dividend. The ex-dividend date is Monday, March 16th. This is a positive change from AMETEK’s previous quarterly dividend of $0.31. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is presently 21.25%.

Insider Buying and Selling at AMETEK

In other news, VP Thomas M. Montgomery sold 6,388 shares of the company’s stock in a transaction dated 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 transaction, the vice president owned 22,116 shares of the company’s stock, valued at $4,534,885.80. This represents a 22.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.57% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have commented on AME. Melius Research set a $235.00 target price on shares of AMETEK in a report on Monday, January 5th. KeyCorp boosted their price objective on shares of AMETEK from $235.00 to $260.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Morgan Stanley raised their target price on AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a report on Thursday, March 12th. Weiss Ratings reiterated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $257.00 price target on shares of AMETEK in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $244.82.

Read Our Latest Research Report on AME

AMETEK Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding AME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMETEK, Inc. (NYSE:AMEFree Report).

Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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