AMETEK, Inc. (AME) To Go Ex-Dividend on September 15th

AMETEK, Inc. (NYSE:AME) announced a quarterly dividend on Friday, August 7th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.34 per share by the technology company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 15th.

AMETEK has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 6 consecutive years. AMETEK has a dividend payout ratio of 17.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect AMETEK to earn $8.99 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 15.1%.

AMETEK Stock Performance

NYSE:AME opened at $253.97 on Friday. The stock has a market cap of $58.21 billion, a P/E ratio of 37.13, a PEG ratio of 3.24 and a beta of 0.98. The company has a quick ratio of 0.72, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. The business’s 50-day moving average price is $236.09 and its two-hundred day moving average price is $229.89. AMETEK has a twelve month low of $179.24 and a twelve month high of $257.95.

AMETEK (NYSE:AME) last posted its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, topping the consensus estimate of $1.99 by $0.10. The company had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. AMETEK’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.78 earnings per share. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. As a group, equities analysts predict that AMETEK will post 8.33 EPS for the current fiscal year.

Institutional Investors Weigh In On AMETEK

Hedge funds have recently made changes to their positions in the business. Florida Financial Advisors LLC grew its holdings in shares of 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 purchasing an additional 43 shares during the last quarter. Plato Investment Management Ltd lifted its stake in AMETEK by 0.4% in the fourth quarter. Plato Investment Management Ltd now owns 10,751 shares of the technology company’s stock worth $2,218,000 after purchasing an additional 47 shares during the last quarter. Allegiance Financial Group Advisory Services LLC boosted its position in AMETEK by 4.0% during 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 buying an additional 48 shares during the period. Washington Trust Advisors Inc. grew 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 buying an additional 50 shares during the last quarter. Finally, Root Financial Partners LLC grew its stake in shares of AMETEK by 18.3% during the first quarter. Root Financial Partners LLC now owns 323 shares of the technology company’s stock valued at $69,000 after buying an additional 50 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors.

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.