Empirical Financial Services LLC d.b.a. Empirical Wealth Management Makes New $589,000 Investment in AMETEK, Inc. $AME

Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in AMETEK, Inc. (NYSE:AME) in the 4th quarter, HoldingsChannel reports. The fund bought 2,869 shares of the technology company’s stock, valued at approximately $589,000.

A number of other institutional investors have also made changes to their positions in the company. Fort Washington Investment Advisors Inc. OH lifted its stake in AMETEK by 2.9% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 1,816 shares of the technology company’s stock worth $373,000 after purchasing an additional 51 shares during the last quarter. Parallel Advisors LLC increased its stake in AMETEK by 2.0% during the third quarter. Parallel Advisors LLC now owns 2,766 shares of the technology company’s stock valued at $520,000 after purchasing an additional 53 shares during the last quarter. Biltmore Wealth Management LLC increased its stake in AMETEK by 1.1% during the third quarter. Biltmore Wealth Management LLC now owns 4,771 shares of the technology company’s stock valued at $897,000 after purchasing an additional 54 shares during the last quarter. Brooklyn Investment Group raised its holdings in shares of AMETEK by 3.2% during the third quarter. Brooklyn Investment Group now owns 1,735 shares of the technology company’s stock worth $326,000 after purchasing an additional 54 shares during the period. Finally, Cim LLC raised its holdings in shares of AMETEK by 0.7% during the third quarter. Cim LLC now owns 7,645 shares of the technology company’s stock worth $1,437,000 after purchasing an additional 56 shares during the period. 87.43% of the stock is currently owned by institutional investors.

Insider Activity at AMETEK

In other AMETEK news, Director Thomas A. Amato sold 530 shares of the business’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total transaction of $114,893.40. Following the sale, the director directly owned 4,480 shares in the company, valued at approximately $971,174.40. The trade was a 10.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.54% of the company’s stock.

AMETEK Trading Down 0.0%

Shares of AME stock opened at $218.19 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.67 and a current ratio of 1.06. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $242.05. The stock has a fifty day moving average of $224.65 and a two-hundred day moving average of $206.90. The firm has a market capitalization of $49.98 billion, a PE ratio of 34.09, a price-to-earnings-growth ratio of 3.14 and a beta of 1.04.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Tuesday, February 3rd. The technology company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.07. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The company had revenue of $2 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same period last year, the company earned $1.87 earnings per share. 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. As a group, research analysts expect that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Monday, March 16th. This is a positive change from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s dividend payout ratio is 21.25%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on AME shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a report on Wednesday, January 21st. Barclays increased their price objective on shares of AMETEK from $210.00 to $220.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Robert W. Baird decreased their target price on AMETEK from $245.00 to $235.00 and set a “neutral” rating for the company in a research note on Monday, March 30th. DA Davidson reaffirmed a “buy” rating and set a $240.00 target price on shares of AMETEK in a report on Wednesday, February 4th. Finally, TD Cowen reiterated a “buy” rating on shares of AMETEK in a research report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $244.67.

AMETEK Company Profile

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.