Sienna Gestion Acquires New Shares in AMETEK, Inc. $AME

Sienna Gestion acquired a new stake in AMETEK, Inc. (NYSE:AME) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 10,000 shares of the technology company’s stock, valued at approximately $2,060,000.

Other large investors have also added to or reduced their stakes in the company. CoreCap Advisors LLC raised its holdings in AMETEK by 84.3% in the fourth quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after purchasing an additional 59 shares in the last quarter. Darwin Wealth Management LLC bought a new position in AMETEK in the second quarter worth about $25,000. BOKF NA raised its holdings in AMETEK by 137.7% in the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after purchasing an additional 84 shares in the last quarter. Transamerica Financial Advisors LLC raised its holdings in AMETEK by 73.9% in the fourth quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock worth $31,000 after purchasing an additional 65 shares in the last quarter. Finally, Flagship Harbor Advisors LLC bought a new position in AMETEK in the fourth quarter worth about $32,000. 87.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on AME. Robert W. Baird set a $244.00 target price on shares of AMETEK in a report on Friday, May 1st. Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Morgan Stanley boosted their target price on shares of AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a report on Thursday, March 12th. Weiss Ratings downgraded shares of AMETEK from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday. Finally, Mizuho set a $270.00 price target on AMETEK in a research note on Friday, May 1st. One research 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $252.69.

Insider Buying and Selling

In related news, Director Thomas A. Amato sold 530 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total value of $114,893.40. Following the sale, the director owned 4,480 shares in the company, valued at $971,174.40. This represents a 10.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

AMETEK Price Performance

Shares of AME stock opened at $230.61 on Tuesday. AMETEK, Inc. has a fifty-two week low of $174.43 and a fifty-two week high of $243.18. The firm has a market capitalization of $52.86 billion, a price-to-earnings ratio of 34.84, a PEG ratio of 3.19 and a beta of 1.00. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.72 and a current ratio of 1.14. The stock’s 50-day simple moving average is $229.17 and its 200-day simple moving average is $220.80.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.07. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The business had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same quarter in the previous year, the firm earned $1.75 earnings per share. The company’s revenue was up 11.3% on a year-over-year basis. 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, equities analysts forecast that AMETEK, Inc. will post 8.13 earnings per share for the current fiscal year.

AMETEK Announces Dividend

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