World Investment Advisors Purchases Shares of 2,229 AMETEK, Inc. $AME

World Investment Advisors acquired a new position in AMETEK, Inc. (NYSE:AME) in the first quarter, HoldingsChannel reports. The institutional investor acquired 2,229 shares of the technology company’s stock, valued at approximately $478,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. State Street Corp raised its holdings in AMETEK by 2.0% during the fourth quarter. State Street Corp now owns 9,956,361 shares of the technology company’s stock valued at $2,044,140,000 after acquiring an additional 192,677 shares during the period. Geode Capital Management LLC boosted its stake in shares of AMETEK by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 5,891,236 shares of the technology company’s stock worth $1,204,722,000 after acquiring an additional 37,651 shares during the period. Invesco Ltd. grew its position in shares of AMETEK by 4.9% during the third quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock worth $839,141,000 after purchasing an additional 209,043 shares in the last quarter. Norges Bank bought a new stake in AMETEK during the 4th quarter valued at approximately $831,372,000. Finally, Morgan Stanley lifted its holdings in AMETEK by 2.9% in the 4th quarter. Morgan Stanley now owns 3,963,062 shares of the technology company’s stock worth $813,657,000 after purchasing an additional 110,037 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. BMO Capital Markets initiated coverage on shares of AMETEK in a report on Friday, March 27th. They set an “outperform” rating and a $253.00 price objective for the company. Mizuho set a $270.00 price target on shares of AMETEK in a research note on Friday, May 1st. DA Davidson reaffirmed a “buy” rating and issued a $265.00 target price on shares of AMETEK in a report on Monday, May 4th. Barclays increased their price target on AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Finally, Robert W. Baird set a $244.00 target price on AMETEK in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $256.29.

AMETEK Trading Up 0.4%

AME stock traded up $0.86 during midday trading on Friday, reaching $233.85. 639,696 shares of the company traded hands, compared to its average volume of 1,119,131. The firm has a market capitalization of $53.60 billion, a price-to-earnings ratio of 35.32, a P/E/G ratio of 3.27 and a beta of 0.99. AMETEK, Inc. has a 52-week low of $174.43 and a 52-week high of $244.71. The business has a 50 day moving average of $231.21 and a 200-day moving average of $225.46. 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 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.07. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The firm had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter in the previous year, the company posted $1.75 EPS. The company’s revenue for the quarter was up 11.3% compared to the same quarter last year. 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, sell-side analysts expect that AMETEK, Inc. will post 8.13 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $0.34 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. AMETEK’s dividend payout ratio is currently 20.54%.

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.