AMETEK, Inc. $AME Shares Bought by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership raised its holdings in AMETEK, Inc. (NYSE:AME) by 22.0% in the first quarter, Holdings Channel reports. The fund owned 542,044 shares of the technology company’s stock after buying an additional 97,716 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in AMETEK were worth $116,193,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in AME. Norges Bank acquired a new stake in shares of AMETEK in the fourth quarter valued at approximately $831,372,000. Wellington Management Group LLP boosted its stake in AMETEK by 302.9% during the fourth quarter. Wellington Management Group LLP now owns 2,807,664 shares of the technology company’s stock worth $576,441,000 after buying an additional 2,110,818 shares during the last quarter. Balyasny Asset Management L.P. grew its holdings in AMETEK by 539.2% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,070,555 shares of the technology company’s stock valued at $219,796,000 after buying an additional 903,061 shares in the last quarter. Lazard Asset Management LLC raised its holdings in shares of AMETEK by 35.7% during the 3rd quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock worth $497,444,000 after acquiring an additional 695,419 shares during the period. Finally, Man Group plc grew its holdings in shares of AMETEK by 411.8% in the third quarter. Man Group plc now owns 785,020 shares of the technology company’s stock valued at $147,584,000 after purchasing an additional 631,649 shares during the period. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AME has been the topic of a number of analyst reports. Truist Financial lifted their target price on shares of AMETEK from $275.00 to $303.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. DA Davidson reiterated a “buy” rating and issued a $265.00 price objective on shares of AMETEK in a report on Monday, May 4th. Royal Bank Of Canada raised their target price on AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Citigroup assumed coverage on AMETEK in a research note on Monday, June 15th. They issued a “neutral” rating and a $257.00 price target on the stock. Finally, Barclays increased their price target on AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $256.29.

AMETEK Stock Performance

Shares of AMETEK stock opened at $242.10 on Friday. The stock has a market capitalization of $55.49 billion, a price-to-earnings ratio of 36.57, a price-to-earnings-growth ratio of 3.39 and a beta of 0.99. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.72. The business has a 50-day moving average of $231.91 and a 200 day moving average of $227.51. AMETEK, Inc. has a 12 month low of $175.61 and a 12 month high of $244.71.

AMETEK (NYSE:AME) last issued 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. The company 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 business’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the prior year, the firm 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. As a group, sell-side analysts forecast that AMETEK, Inc. will post 8.14 earnings per share for the current year.

AMETEK Announces Dividend

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

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.