Pacer Advisors Inc. trimmed its stake in AMETEK, Inc. (NYSE:AME – Free Report) by 76.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,491 shares of the technology company’s stock after selling 73,570 shares during the quarter. Pacer Advisors Inc.’s holdings in AMETEK were worth $4,618,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. CoreCap Advisors LLC boosted its holdings in shares of AMETEK by 84.3% in the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock valued at $26,000 after purchasing an additional 59 shares during the last quarter. MV Capital Management Inc. acquired a new stake in shares of AMETEK during the 4th quarter worth $28,000. Darwin Wealth Management LLC purchased a new position in shares of AMETEK in the 2nd quarter worth $25,000. BOKF NA raised its position in shares of AMETEK by 137.7% in the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after buying an additional 84 shares during the period. Finally, Transamerica Financial Advisors LLC boosted its holdings in AMETEK by 73.9% in the fourth quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock valued at $31,000 after acquiring an additional 65 shares during the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.
Wall Street Analyst Weigh In
AME has been the subject of several research analyst reports. Citigroup began coverage on AMETEK in a research note on Monday, June 15th. They set a “neutral” rating and a $257.00 price target for the company. Royal Bank Of Canada boosted their target price on AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. DA Davidson reissued a “buy” rating and set a $265.00 target price on shares of AMETEK in a research report on Monday, May 4th. Robert W. Baird set a $244.00 price target on shares of AMETEK in a report on Friday, May 1st. Finally, Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, AMETEK presently has a consensus rating of “Moderate Buy” and a consensus price target of $253.57.
AMETEK Price Performance
Shares of NYSE AME opened at $241.41 on Tuesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.72. AMETEK, Inc. has a 1-year low of $174.43 and a 1-year high of $243.18. The company has a market capitalization of $55.33 billion, a price-to-earnings ratio of 36.47, a PEG ratio of 3.33 and a beta of 1.00. The business has a 50-day moving average of $230.39 and a 200-day moving average of $222.17.
AMETEK (NYSE:AME – Get Free Report) last announced its earnings results on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, beating the consensus estimate of $1.90 by $0.07. The business had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The company’s revenue was up 11.3% on a year-over-year basis. During the same period last year, the business posted $1.75 EPS. 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, equities analysts anticipate that AMETEK, Inc. will post 8.13 EPS for the current fiscal year.
AMETEK Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.34 dividend. The ex-dividend date is Monday, June 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. AMETEK’s dividend payout ratio is 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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