Louisiana State Employees Retirement System Takes Position in AMETEK, Inc. $AME

Louisiana State Employees Retirement System bought a new position in shares of AMETEK, Inc. (NYSE:AME) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,700 shares of the technology company’s stock, valued at approximately $2,508,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Kestra Private Wealth Services LLC lifted its stake in AMETEK by 84.7% in the 1st quarter. Kestra Private Wealth Services LLC now owns 4,475 shares of the technology company’s stock worth $959,000 after purchasing an additional 2,052 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its position in shares of AMETEK by 12.5% during the first quarter. Fifth Third Wealth Advisors LLC now owns 2,226 shares of the technology company’s stock valued at $477,000 after purchasing an additional 247 shares in the last quarter. Brown Lisle Cummings Inc. increased its holdings in shares of AMETEK by 878.6% in the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after purchasing an additional 123 shares during the last quarter. OP Asset Management Ltd purchased a new stake in shares of AMETEK in the first quarter worth about $10,687,000. Finally, Banque Cantonale Vaudoise lifted its position in shares of AMETEK by 924.6% in the first quarter. Banque Cantonale Vaudoise now owns 3,750 shares of the technology company’s stock worth $804,000 after buying an additional 3,384 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors.

AMETEK Stock Performance

NYSE AME opened at $237.52 on Tuesday. The business’s 50 day moving average price is $230.82 and its 200-day moving average price is $223.53. AMETEK, Inc. has a fifty-two week low of $174.43 and a fifty-two week high of $244.71. The company has a market cap of $54.44 billion, a P/E ratio of 35.88, a P/E/G ratio of 3.33 and a beta of 1.00. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.72 and a current ratio of 1.14.

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. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The company had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period last year, the company earned $1.75 earnings per share. AMETEK’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. Sell-side analysts predict that AMETEK, Inc. will post 8.13 earnings per share for the current year.

AMETEK Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.34 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s payout ratio is currently 20.54%.

Wall Street Analysts Forecast Growth

AME has been the subject of several research analyst reports. DA Davidson restated a “buy” rating and set a $265.00 price target on shares of AMETEK in a report on Monday, May 4th. BMO Capital Markets started coverage on AMETEK in a report on Friday, March 27th. They set an “outperform” rating and a $253.00 price objective on the stock. Barclays increased 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. Citigroup began coverage on shares of AMETEK in a research note on Monday, June 15th. They set a “neutral” rating and a $257.00 price target on the stock. Finally, Rothschild & Co Redburn set a $265.00 price objective on shares of AMETEK in a research report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $253.57.

AMETEK 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.