Andra AP fonden Boosts Stake in AMETEK, Inc. $AME

Andra AP fonden lifted its holdings in shares of AMETEK, Inc. (NYSE:AMEFree Report) by 26.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,000 shares of the technology company’s stock after acquiring an additional 2,500 shares during the quarter. Andra AP fonden’s holdings in AMETEK were worth $2,572,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AME. Florida Financial Advisors LLC boosted its stake in AMETEK by 2.2% during the 4th quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company’s stock valued at $406,000 after acquiring an additional 43 shares during the last quarter. Plato Investment Management Ltd lifted 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 purchasing an additional 47 shares during the last quarter. Allegiance Financial Group Advisory Services LLC grew its stake in AMETEK by 4.0% in the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 1,254 shares of the technology company’s stock worth $257,000 after purchasing an additional 48 shares in the last quarter. Washington Trust Advisors Inc. increased its holdings in AMETEK by 6.2% in the fourth quarter. Washington Trust Advisors Inc. now owns 850 shares of the technology company’s stock valued at $175,000 after buying an additional 50 shares during the last quarter. Finally, Root Financial Partners LLC increased its holdings in AMETEK by 18.3% in the first quarter. Root Financial Partners LLC now owns 323 shares of the technology company’s stock valued at $69,000 after buying an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on AME. Robert W. Baird set a $244.00 target price on AMETEK in a research report on Friday, May 1st. Wall Street Zen cut AMETEK from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Morgan Stanley boosted their price objective on shares of AMETEK from $235.00 to $245.00 and gave the company an “equal weight” rating in a research report on Friday, July 10th. Mizuho set a $270.00 price objective on shares of AMETEK in a research note on Friday, May 1st. Finally, Royal Bank Of Canada raised their target price on shares of AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, AMETEK has a consensus rating of “Moderate Buy” and an average price target of $256.29.

Get Our Latest Analysis on AME

AMETEK Price Performance

Shares of AME opened at $237.39 on Thursday. AMETEK, Inc. has a one year low of $175.61 and a one year high of $244.71. The stock’s fifty day moving average is $231.43 and its 200-day moving average is $227.18. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.72 and a current ratio of 1.14. The firm has a market capitalization of $54.41 billion, a price-to-earnings ratio of 35.86, a price-to-earnings-growth ratio of 3.33 and a beta of 0.99.

AMETEK (NYSE:AMEGet Free Report) last posted its quarterly earnings data 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. 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 in the prior year, the company posted $1.75 earnings per share. The company’s quarterly 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. Equities analysts anticipate that AMETEK, Inc. will post 8.14 EPS for the current year.

AMETEK Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a dividend of $0.34 per share. The ex-dividend date of this dividend was 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

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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