Capital Group Private Client Services Inc. trimmed its holdings in AMETEK, Inc. (NYSE:AME – Free Report) by 7.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,983 shares of the technology company’s stock after selling 3,396 shares during the period. Capital Group Private Client Services Inc.’s holdings in AMETEK were worth $8,825,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently made changes to their positions in AME. Darwin Wealth Management LLC bought a new position in shares of AMETEK in the second quarter valued at $25,000. CoreCap Advisors LLC lifted its position in shares of AMETEK by 84.3% during the fourth quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock valued at $26,000 after purchasing an additional 59 shares in the last quarter. BOKF NA lifted its position in shares of AMETEK by 137.7% during the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after purchasing an additional 84 shares in the last quarter. Flagship Harbor Advisors LLC bought a new position in shares of AMETEK during the fourth quarter valued at about $32,000. Finally, ORG Partners LLC lifted its position in shares of AMETEK by 42.6% during the fourth quarter. ORG Partners LLC now owns 201 shares of the technology company’s stock valued at $41,000 after purchasing an additional 60 shares in the last quarter. 87.43% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of research analysts recently weighed in on the stock. Mizuho set a $270.00 price target on shares of AMETEK in a research report on Friday, May 1st. Barclays raised their price target on shares of AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Robert W. Baird set a $244.00 price target on shares of AMETEK in a research report on Friday, May 1st. Royal Bank Of Canada raised their price target on shares of AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, May 1st. Finally, DA Davidson reissued a “buy” rating and set a $265.00 price target on shares of AMETEK in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, AMETEK currently has a consensus rating of “Moderate Buy” and a consensus target price of $252.33.
Insiders Place Their Bets
In related news, Director Thomas A. Amato sold 530 shares of AMETEK stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total value of $114,893.40. Following the completion of the transaction, 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 is accessible through this hyperlink. Corporate insiders own 0.54% of the company’s stock.
AMETEK Stock Performance
Shares of AME stock opened at $227.01 on Friday. The firm has a market cap of $52.03 billion, a price-to-earnings ratio of 34.29, a P/E/G ratio of 3.18 and a beta of 1.00. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.72 and a current ratio of 1.14. AMETEK, Inc. has a 52 week low of $174.43 and a 52 week high of $243.18. The firm’s 50-day simple moving average is $227.54 and its two-hundred day simple moving average is $219.17.
AMETEK (NYSE:AME – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, topping the consensus estimate of $1.90 by $0.07. The business had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The company’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.75 earnings per share. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. As a group, equities analysts forecast that AMETEK, Inc. will post 8.13 earnings per share for the current year.
AMETEK Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, June 15th. AMETEK’s payout ratio is currently 20.54%.
AMETEK 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.
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