Bellwether Advisors LLC purchased a new position in shares of AMETEK, Inc. (NYSE:AME – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 11,011 shares of the technology company’s stock, valued at approximately $2,261,000.
Several other hedge funds also recently modified their holdings of AME. Sivia Capital Partners LLC acquired a new position in shares of AMETEK during the 2nd quarter worth $295,000. Baird Financial Group Inc. grew its stake in AMETEK by 16.1% in the 2nd quarter. Baird Financial Group Inc. now owns 16,784 shares of the technology company’s stock valued at $3,037,000 after buying an additional 2,323 shares during the last quarter. NewEdge Advisors LLC grew its stake in AMETEK by 65.0% in the 2nd quarter. NewEdge Advisors LLC now owns 3,946 shares of the technology company’s stock valued at $714,000 after buying an additional 1,555 shares during the last quarter. Sei Investments Co. grew its stake in AMETEK by 38.2% in the 2nd quarter. Sei Investments Co. now owns 223,227 shares of the technology company’s stock valued at $40,392,000 after buying an additional 61,672 shares during the last quarter. Finally, Squarepoint Ops LLC grew its stake in AMETEK by 105.3% in the 2nd quarter. Squarepoint Ops LLC now owns 158,274 shares of the technology company’s stock valued at $28,641,000 after buying an additional 81,178 shares during the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on the stock. BMO Capital Markets assumed coverage on shares of AMETEK in a research note on Friday, March 27th. They issued an “outperform” rating and a $253.00 target price on the stock. KeyCorp raised their target price on shares of AMETEK from $235.00 to $260.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. Morgan Stanley raised their target price on shares of AMETEK from $215.00 to $235.00 and gave the company an “equal weight” rating in a research note on Thursday, March 12th. TD Cowen reiterated a “buy” rating on shares of AMETEK in a research note on Tuesday, February 3rd. Finally, Barclays raised their target price on shares of AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $252.33.
Insiders Place Their Bets
In other AMETEK news, Director Thomas A. Amato sold 530 shares of the 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. 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 at this link. 0.54% of the stock is currently owned by company insiders.
AMETEK Price Performance
Shares of AMETEK stock opened at $229.42 on Wednesday. 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 fifty-two week low of $174.43 and a fifty-two week high of $243.18. The firm has a fifty day moving average price of $225.46 and a two-hundred day moving average price of $217.62. The company has a market cap of $52.58 billion, a PE ratio of 34.66, a price-to-earnings-growth ratio of 3.15 and a beta of 1.03.
AMETEK (NYSE:AME – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, beating 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 firm had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the prior year, the firm earned $1.75 EPS. The business’s revenue was up 11.3% on a year-over-year basis. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. Analysts expect that AMETEK, Inc. will post 8.13 EPS for the current year.
AMETEK Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $0.34 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. AMETEK’s dividend payout ratio is 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.
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