49,857 Shares in AMETEK, Inc. $AME Acquired by OP Asset Management Ltd

OP Asset Management Ltd acquired a new stake in AMETEK, Inc. (NYSE:AME) in the 1st quarter, Holdings Channel reports. The institutional investor acquired 49,857 shares of the technology company’s stock, valued at approximately $10,687,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in AME. Florida Financial Advisors LLC raised its holdings in AMETEK by 2.2% during the 4th quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company’s stock valued at $406,000 after buying an additional 43 shares during the last quarter. Plato Investment Management Ltd grew its holdings in AMETEK by 0.4% in the 4th quarter. Plato Investment Management Ltd now owns 10,751 shares of the technology company’s stock worth $2,218,000 after acquiring an additional 47 shares during the last quarter. Allegiance Financial Group Advisory Services LLC increased its position in shares of AMETEK by 4.0% in the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 1,254 shares of the technology company’s stock valued at $257,000 after acquiring an additional 48 shares during the period. Washington Trust Advisors Inc. raised its stake in shares of AMETEK by 6.2% during the fourth quarter. Washington Trust Advisors Inc. now owns 850 shares of the technology company’s stock valued at $175,000 after acquiring an additional 50 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH raised its stake in shares of AMETEK by 2.9% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 1,816 shares of the technology company’s stock valued at $373,000 after acquiring an additional 51 shares during the last quarter. Institutional investors own 87.43% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on AME. Mizuho set a $270.00 price target on AMETEK in a report on Friday, May 1st. Rothschild & Co Redburn set a $265.00 price objective on AMETEK in a research report on Thursday, June 18th. Royal Bank Of Canada boosted their target price on AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. Weiss Ratings downgraded AMETEK from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Finally, Robert W. Baird set a $244.00 price target on shares of AMETEK in a report on Friday, May 1st. 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 company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $253.57.

AMETEK Stock Up 2.3%

AME stock opened at $240.76 on Friday. 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 capitalization of $55.18 billion, a price-to-earnings ratio of 36.37, a price-to-earnings-growth ratio of 3.30 and a beta of 1.00. The business’s 50 day moving average price is $230.53 and its two-hundred day moving average price is $222.96. 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 released its earnings results on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. The company had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.91 billion. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.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 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. As a group, analysts forecast that AMETEK, Inc. will post 8.13 earnings per share for the current fiscal year.

AMETEK Announces Dividend

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

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.