AMETEK, Inc. $AME Shares Bought by First Merchants Corp

First Merchants Corp raised its stake in shares of AMETEK, Inc. (NYSE:AME) by 10.8% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 42,398 shares of the technology company’s stock after buying an additional 4,132 shares during the period. First Merchants Corp’s holdings in AMETEK were worth $9,088,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Sivia Capital Partners LLC purchased a new position in AMETEK during the second quarter valued at approximately $295,000. Baird Financial Group Inc. boosted its position in AMETEK by 16.1% in the 2nd quarter. Baird Financial Group Inc. now owns 16,784 shares of the technology company’s stock worth $3,037,000 after purchasing an additional 2,323 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of AMETEK by 65.0% during the 2nd quarter. NewEdge Advisors LLC now owns 3,946 shares of the technology company’s stock worth $714,000 after purchasing an additional 1,555 shares during the period. Sei Investments Co. grew its stake in shares of AMETEK by 38.2% during the 2nd quarter. Sei Investments Co. now owns 223,227 shares of the technology company’s stock worth $40,392,000 after purchasing an additional 61,672 shares during the period. Finally, Squarepoint Ops LLC increased its holdings in shares of AMETEK by 105.3% during the 2nd quarter. Squarepoint Ops LLC now owns 158,274 shares of the technology company’s stock valued at $28,641,000 after purchasing an additional 81,178 shares in the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

AMETEK Trading Down 0.1%

Shares of AME stock opened at $237.27 on Monday. 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 company has a market cap of $54.38 billion, a price-to-earnings ratio of 35.84, a PEG ratio of 3.33 and a beta of 1.00. The stock has a 50 day simple moving average of $230.23 and a 200-day simple moving average of $221.86. AMETEK, Inc. has a 1-year low of $174.43 and a 1-year high of $243.18.

AMETEK (NYSE:AME) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. The firm had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.91 billion. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the company earned $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 research analysts expect that AMETEK, Inc. will post 8.13 EPS for the current fiscal year.

AMETEK Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given 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 (DPR) is 20.54%.

Insider Activity

In other news, Director Thomas A. Amato sold 530 shares of the business’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total transaction of $114,893.40. Following the completion of the sale, the director owned 4,480 shares of the company’s stock, valued at $971,174.40. The trade was a 10.58% decrease in their ownership of the stock. The transaction 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.

Wall Street Analyst Weigh In

Several research firms recently issued reports on AME. Royal Bank Of Canada boosted their target price on shares of AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. Citigroup started coverage on shares of AMETEK in a report on Monday, June 15th. They issued a “neutral” rating and a $257.00 price objective for the company. BMO Capital Markets started coverage on shares of AMETEK in a research report on Friday, March 27th. They issued an “outperform” rating and a $253.00 price objective for the company. Truist Financial reissued a “buy” rating and set a $275.00 target price (up from $265.00) on shares of AMETEK in a research note on Monday, May 4th. Finally, Barclays raised their target price on AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. One equities research 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. According to data from MarketBeat, AMETEK presently has a consensus rating of “Moderate Buy” and a consensus target price of $253.57.

AMETEK Company 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.