Vanguard Group Inc. boosted its holdings in shares of AMETEK, Inc. (NYSE:AME – Free Report) by 0.7% in the 3rd quarter, Holdings Channel reports. The fund owned 27,173,705 shares of the technology company’s stock after acquiring an additional 176,040 shares during the quarter. Vanguard Group Inc. owned 0.12% of AMETEK worth $5,108,657,000 at the end of the most recent reporting period.
A number of other institutional investors have also bought and sold shares of the business. Sivia Capital Partners LLC acquired a new position in shares of AMETEK during the 2nd quarter worth approximately $295,000. Chicago Partners Investment Group LLC lifted its position in AMETEK by 15.0% during the second quarter. Chicago Partners Investment Group LLC now owns 2,519 shares of the technology company’s stock worth $457,000 after buying an additional 328 shares in the last quarter. Stephens Inc. AR grew its holdings in AMETEK by 2.4% in the 2nd quarter. Stephens Inc. AR now owns 38,363 shares of the technology company’s stock valued at $6,942,000 after buying an additional 895 shares in the last quarter. Wallace Advisory Group LLC grew its holdings in AMETEK by 15.4% in the 2nd quarter. Wallace Advisory Group LLC now owns 1,656 shares of the technology company’s stock valued at $285,000 after buying an additional 221 shares in the last quarter. Finally, Cullen Frost Bankers Inc. raised its holdings in shares of AMETEK by 11.8% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 3,314 shares of the technology company’s stock worth $600,000 after acquiring an additional 349 shares during the period. 87.43% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on the stock. Royal Bank Of Canada reissued an “outperform” rating and set a $257.00 price target on shares of AMETEK in a research report on Wednesday, February 4th. Barclays boosted their target price on shares of AMETEK from $210.00 to $220.00 and gave the company an “equal weight” rating in a report on Wednesday, February 4th. TD Cowen restated a “buy” rating on shares of AMETEK in a report on Tuesday, February 3rd. Mizuho set a $235.00 price objective on AMETEK in a research report on Wednesday, February 4th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $240.00 target price on shares of AMETEK in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, AMETEK has a consensus rating of “Moderate Buy” and an average target price of $243.00.
Insider Activity
In other news, VP Thomas M. Montgomery sold 6,388 shares of AMETEK stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $205.05, for a total value of $1,309,859.40. Following the completion of the transaction, the vice president owned 22,116 shares in the company, valued at approximately $4,534,885.80. This trade represents a 22.41% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Thomas C. Marecic sold 14,310 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the sale, the insider owned 42,589 shares in the company, valued at $8,607,662.79. The trade was a 25.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 137,088 shares of company stock worth $27,212,340. Corporate insiders own 0.57% of the company’s stock.
AMETEK Stock Performance
NYSE AME opened at $233.15 on Wednesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 0.67. The company has a market cap of $53.67 billion, a P/E ratio of 36.43, a P/E/G ratio of 3.28 and a beta of 1.03. The stock has a 50-day moving average of $215.74 and a two-hundred day moving average of $198.44. AMETEK, Inc. has a 1-year low of $145.02 and a 1-year high of $239.94.
AMETEK (NYSE:AME – Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.94 by $0.07. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The business had revenue of $2 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same quarter last year, the firm posted $1.87 earnings per share. The business’s revenue for the quarter was up 13.4% compared to the same quarter last year. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. As a group, analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current year.
AMETEK Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a dividend of $0.34 per share. This is an increase from AMETEK’s previous quarterly dividend of $0.31. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, March 16th. AMETEK’s dividend payout ratio is currently 19.38%.
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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