Banco Santander S.A. Buys 49,836 Shares of AMETEK, Inc. $AME

Banco Santander S.A. raised its holdings in shares of AMETEK, Inc. (NYSE:AME) by 77.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 113,791 shares of the technology company’s stock after buying an additional 49,836 shares during the period. Banco Santander S.A.’s holdings in AMETEK were worth $23,362,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Darwin Wealth Management LLC bought a new stake in shares of AMETEK in the second quarter worth about $25,000. CoreCap Advisors LLC increased its holdings in shares of AMETEK by 84.3% in the fourth quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after purchasing an additional 59 shares during the last quarter. BOKF NA increased its holdings in shares of AMETEK by 137.7% in the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after purchasing an additional 84 shares during the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of AMETEK in the fourth quarter worth about $32,000. Finally, ORG Partners LLC increased its holdings in shares of AMETEK by 42.6% in the fourth quarter. ORG Partners LLC now owns 201 shares of the technology company’s stock worth $41,000 after purchasing an additional 60 shares during the last quarter. 87.43% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Thomas A. Amato sold 530 shares of the business’s stock in a transaction 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 sale, the director directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.54% of the company’s stock.

AMETEK Trading Up 0.3%

Shares of AMETEK stock opened at $226.97 on Friday. The firm has a market capitalization of $52.02 billion, a PE ratio of 34.29, a P/E/G ratio of 3.17 and a beta of 1.00. AMETEK, Inc. has a twelve month low of $174.43 and a twelve month high of $243.18. The firm’s 50-day moving average price is $228.92 and its 200 day moving average price is $220.38. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.07. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The business had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter last year, the firm earned $1.75 EPS. The business’s revenue was up 11.3% compared to the same quarter last year. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. On average, sell-side analysts predict that AMETEK, Inc. will post 8.13 EPS for the current fiscal year.

AMETEK Announces Dividend

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

Analysts Set New Price Targets

Several research analysts recently commented on AME shares. DA Davidson reiterated a “buy” rating and issued a $265.00 price target on shares of AMETEK in a research report on Monday, May 4th. Mizuho set a $270.00 price target on AMETEK in a research report on Friday, May 1st. Weiss Ratings lowered AMETEK from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday. Barclays lifted their price target on AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. Finally, Wall Street Zen lowered AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, AMETEK currently has a consensus rating of “Moderate Buy” and a consensus price target of $252.33.

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.