Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in AMETEK, Inc. (NYSE:AME – Free Report) by 38.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,773 shares of the technology company’s stock after purchasing an additional 14,700 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in AMETEK were worth $11,312,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Darwin Wealth Management LLC acquired a new stake in shares of AMETEK during the 2nd quarter valued at about $25,000. CoreCap Advisors LLC lifted its stake in AMETEK by 84.3% in the fourth quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock valued at $26,000 after acquiring an additional 59 shares during the last quarter. MV Capital Management Inc. bought a new stake in AMETEK in the fourth quarter worth approximately $28,000. Brown Lisle Cummings Inc. increased its stake in shares of AMETEK by 878.6% during the 1st 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. Finally, BOKF NA increased its stake in shares of AMETEK by 137.7% during the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after purchasing an additional 84 shares during the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several research firms recently issued reports on AME. Weiss Ratings raised shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, June 29th. DA Davidson reissued a “buy” rating and set a $265.00 target price on shares of AMETEK in a research report on Monday, May 4th. BMO Capital Markets initiated coverage on AMETEK in a report on Friday, March 27th. They set an “outperform” rating and a $253.00 target price on the stock. Truist Financial upped their price target on AMETEK from $275.00 to $303.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Morgan Stanley increased their price objective on AMETEK from $215.00 to $235.00 and gave the company an “equal weight” rating in a report on Thursday, March 12th. One investment 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 stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $255.57.
AMETEK Price Performance
Shares of AMETEK stock opened at $234.66 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10. The firm has a fifty day simple moving average of $231.05 and a 200-day simple moving average of $224.36. The stock has a market capitalization of $53.78 billion, a price-to-earnings ratio of 35.45, a PEG ratio of 3.29 and a beta of 0.99. AMETEK, Inc. has a 1-year low of $174.43 and a 1-year high of $244.71.
AMETEK (NYSE:AME – Get Free Report) last posted its 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 business 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%. AMETEK’s revenue was up 11.3% compared to the same quarter last year. During the same period last year, the business posted $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, sell-side analysts expect that AMETEK, Inc. will post 8.13 earnings per share for the current year.
AMETEK Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, June 15th. AMETEK’s dividend payout ratio (DPR) is currently 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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