Thomas Amato Sells 530 Shares of AMETEK (NYSE:AME) Stock

AMETEK, Inc. (NYSE:AMEGet Free Report) Director Thomas Amato sold 530 shares of the stock in a transaction 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 sale, the director owned 4,480 shares of the company’s stock, valued at approximately $971,174.40. This represents a 10.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

AMETEK Trading Down 1.9%

NYSE AME opened at $211.21 on Friday. The firm’s fifty day moving average is $225.08 and its two-hundred day moving average is $205.71. AMETEK, Inc. has a one year low of $145.02 and a one year high of $242.05. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.67 and a current ratio of 1.06. The firm has a market cap of $48.38 billion, a PE ratio of 33.00, a P/E/G ratio of 3.08 and a beta of 1.02.

AMETEK (NYSE:AMEGet Free Report) last announced its earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.07. The business had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.94 billion. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The business’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.87 earnings per share. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. Analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a $0.34 dividend. This is an increase from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date is Monday, March 16th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is 21.25%.

Analyst Ratings Changes

AME has been the topic of a number of analyst reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a $257.00 price objective on shares of AMETEK in a research report on Wednesday, February 4th. Truist Financial set a $265.00 target price on shares of AMETEK in a research note on Wednesday, February 4th. Oppenheimer downgraded shares of AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. Barclays boosted their price target on shares of AMETEK from $210.00 to $220.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of AMETEK in a research report on Wednesday, January 21st. They issued a “buy” rating and a $271.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $244.82.

View Our Latest Stock Report on AME

Institutional Investors Weigh In On AMETEK

Several institutional investors have recently made changes to their positions in the stock. Sivia Capital Partners LLC purchased a new stake in AMETEK during the second quarter worth about $295,000. Charles Schwab Investment Management Inc. increased its holdings in AMETEK by 0.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 1,364,232 shares of the technology company’s stock valued at $246,871,000 after buying an additional 10,598 shares in the last quarter. Coldstream Capital Management Inc. lifted its position in shares of AMETEK by 2.1% during the 2nd quarter. Coldstream Capital Management Inc. now owns 5,715 shares of the technology company’s stock valued at $1,034,000 after acquiring an additional 116 shares during the period. CreativeOne Wealth LLC boosted its stake in shares of AMETEK by 10.0% during the 2nd quarter. CreativeOne Wealth LLC now owns 3,016 shares of the technology company’s stock worth $546,000 after acquiring an additional 274 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its stake in shares of AMETEK by 2.6% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 16,115 shares of the technology company’s stock worth $2,916,000 after acquiring an additional 412 shares in the last quarter. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

AMETEK Company Profile

(Get 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.

Further Reading

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