Distillate Capital Partners LLC Acquires Shares of 83,848 AMETEK, Inc. $AME

Distillate Capital Partners LLC bought a new position in AMETEK, Inc. (NYSE:AME) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 83,848 shares of the technology company’s stock, valued at approximately $15,764,000.

A number of other institutional investors have also recently made changes to their positions in AME. Darwin Wealth Management LLC bought a new position in shares of AMETEK during the 2nd quarter worth $25,000. TruNorth Capital Management LLC bought a new stake in AMETEK in the 3rd quarter valued at about $31,000. Grey Fox Wealth Advisors LLC bought a new stake in AMETEK in the 3rd quarter valued at about $39,000. Westside Investment Management Inc. lifted its holdings in AMETEK by 100.0% during the third quarter. Westside Investment Management Inc. now owns 224 shares of the technology company’s stock valued at $42,000 after purchasing an additional 112 shares during the last quarter. Finally, Sound Income Strategies LLC boosted its position in AMETEK by 4,420.0% during the third quarter. Sound Income Strategies LLC now owns 226 shares of the technology company’s stock worth $41,000 after purchasing an additional 221 shares during the period. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Insider Activity

In related news, VP Thomas M. Montgomery sold 6,388 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were 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 directly owned 22,116 shares in the company, valued at approximately $4,534,885.80. The trade was a 22.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.57% of the company’s stock.

AMETEK Stock Down 0.6%

Shares of NYSE AME opened at $214.35 on Monday. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $242.05. The company has a current ratio of 1.06, a quick ratio of 0.67 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $49.10 billion, a price-to-earnings ratio of 33.49, a PEG ratio of 3.07 and a beta of 1.02. The business has a 50-day moving average of $224.77 and a 200-day moving average of $204.24.

AMETEK (NYSE:AME) last posted its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, topping 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 company had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same period in the prior year, the business earned $1.87 earnings per share. AMETEK’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. Sell-side analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal 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. The ex-dividend date is Monday, March 16th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. AMETEK’s dividend payout ratio is 19.38%.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Truist Financial set a $265.00 price target on shares of AMETEK in a research report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of AMETEK in a research note on Wednesday, January 21st. They issued a “buy” rating and a $271.00 price objective for the company. Morgan Stanley boosted their target price on shares of AMETEK from $215.00 to $235.00 and gave the company an “equal weight” rating in a report on Thursday. DA Davidson reaffirmed a “buy” rating and issued a $240.00 price target on shares of AMETEK in a report on Wednesday, February 4th. Finally, Wall Street Zen upgraded AMETEK from a “hold” rating to a “buy” rating in a research report on Sunday, February 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $244.82.

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.