2,811 Shares in AMETEK, Inc. $AME Purchased by ASO GROUP Ltd

ASO GROUP Ltd acquired a new position in AMETEK, Inc. (NYSE:AME) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,811 shares of the technology company’s stock, valued at approximately $577,000.

Other hedge funds also recently added to or reduced their stakes in the company. Florida Financial Advisors LLC grew its position in shares of AMETEK by 2.2% during the fourth quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company’s stock worth $406,000 after buying an additional 43 shares in the last quarter. Plato Investment Management Ltd grew its position in shares of AMETEK by 0.4% during the fourth quarter. Plato Investment Management Ltd now owns 10,751 shares of the technology company’s stock worth $2,218,000 after buying an additional 47 shares in the last quarter. Allegiance Financial Group Advisory Services LLC grew its position in shares of AMETEK by 4.0% during the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 1,254 shares of the technology company’s stock worth $257,000 after buying an additional 48 shares in the last quarter. Washington Trust Advisors Inc. grew its position in shares of AMETEK by 6.3% during the fourth quarter. Washington Trust Advisors Inc. now owns 850 shares of the technology company’s stock worth $175,000 after buying an additional 50 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH grew its position in shares of 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 buying an additional 51 shares in the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on AME. BMO Capital Markets began coverage on AMETEK in a research report on Friday, March 27th. They set an “outperform” rating and a $253.00 price objective for the company. Barclays boosted their price objective on AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. DA Davidson reissued a “buy” rating and set a $265.00 price objective on shares of AMETEK in a research report on Monday, May 4th. Mizuho set a $270.00 price objective on AMETEK in a research report on Friday, May 1st. Finally, Morgan Stanley boosted their price objective on AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 12th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $252.33.

Insider Buying and Selling

In other AMETEK news, Director Thomas A. Amato sold 530 shares of AMETEK stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total transaction of $114,893.40. Following the transaction, the director owned 4,480 shares of the company’s stock, valued at $971,174.40. The trade was a 10.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.54% of the stock is currently owned by company insiders.

AMETEK Price Performance

AME stock opened at $226.04 on Friday. The business has a 50 day moving average price of $228.76 and a 200 day moving average price of $220.34. The stock has a market cap of $51.81 billion, a price-to-earnings ratio of 34.15, a PEG ratio of 3.11 and a beta of 1.00. AMETEK, Inc. has a fifty-two week low of $174.43 and a fifty-two week high of $243.18. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10.

AMETEK (NYSE:AME) last posted its earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.07. The firm had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.91 billion. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The firm’s revenue was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. Equities research analysts anticipate that AMETEK, Inc. will post 8.13 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.34 per share. The ex-dividend date is Monday, June 15th. This represents a $1.36 annualized dividend and a yield of 0.6%. AMETEK’s payout ratio is presently 20.54%.

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.