Davis R M Inc. Sells 4,204 Shares of AMETEK, Inc. $AME

Davis R M Inc. reduced its stake in shares of AMETEK, Inc. (NYSE:AME) by 1.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 307,111 shares of the technology company’s stock after selling 4,204 shares during the period. AMETEK accounts for 1.2% of Davis R M Inc.’s portfolio, making the stock its 22nd biggest holding. Davis R M Inc. owned 0.13% of AMETEK worth $65,832,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AME. Darwin Wealth Management LLC purchased a new position in AMETEK during the second quarter valued at approximately $25,000. CoreCap Advisors LLC increased its stake in shares of 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. MV Capital Management Inc. purchased a new stake in shares of AMETEK in the fourth quarter worth $28,000. Brown Lisle Cummings Inc. raised its position in shares of AMETEK by 878.6% during the 1st quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock valued at $29,000 after purchasing an additional 123 shares during the period. Finally, BOKF NA lifted its stake in shares of AMETEK by 137.7% during the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after buying an additional 84 shares in the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Price Performance

NYSE:AME opened at $237.39 on Thursday. The business’s 50-day moving average is $231.43 and its 200 day moving average is $227.18. AMETEK, Inc. has a 12 month low of $175.61 and a 12 month high of $244.71. The company has a market capitalization of $54.41 billion, a P/E ratio of 35.86, a P/E/G ratio of 3.33 and a beta of 0.99. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10.

AMETEK (NYSE:AME) last released its quarterly 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 business had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.91 billion. During the same quarter last year, the business posted $1.75 EPS. The firm’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. On average, equities research analysts forecast that AMETEK, Inc. will post 8.14 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a $0.34 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is 20.54%.

Analysts Set New Price Targets

Several research analysts recently weighed in on AME shares. Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. DA Davidson reissued a “buy” rating and set a $265.00 price target on shares of AMETEK in a report on Monday, May 4th. Rothschild & Co Redburn set a $265.00 price objective on AMETEK in a research report on Thursday, June 18th. BMO Capital Markets started coverage on AMETEK in a research note on Friday, March 27th. They issued an “outperform” rating and a $253.00 price objective for the company. Finally, Morgan Stanley increased their target price on AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Friday, July 10th. One research 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’s stock. According to data from MarketBeat.com, AMETEK presently has an average rating of “Moderate Buy” and an average target price of $256.29.

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.