AMETEK (NYSE:AME) Director Thomas Amato Sells 530 Shares

AMETEK, Inc. (NYSE:AME) Director Thomas Amato sold 530 shares of the stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total value of $114,893.40. Following the transaction, the director directly owned 4,480 shares of the company’s stock, valued at $971,174.40. The trade was a 10.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

AMETEK Stock Performance

Shares of NYSE:AME opened at $215.60 on Thursday. The business’s 50 day moving average price is $225.15 and its 200-day moving average price is $205.67. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $242.05. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 0.67. The firm has a market capitalization of $49.39 billion, a PE ratio of 33.69, a P/E/G ratio of 3.10 and a beta of 1.02.

AMETEK (NYSE:AME) last announced its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.07. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The company had revenue of $2 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same quarter last year, the firm posted $1.87 EPS. The firm’s revenue for the quarter was up 13.4% on a year-over-year basis. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. As a group, equities research analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be paid a $0.34 dividend. This is an increase from AMETEK’s previous quarterly dividend of $0.31. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, March 16th. AMETEK’s payout ratio is 21.25%.

Hedge Funds Weigh In On AMETEK

Several institutional investors and hedge funds have recently bought and sold shares of AME. Principal Financial Group Inc. lifted its stake in AMETEK by 4.9% during the 3rd quarter. Principal Financial Group Inc. now owns 2,043,029 shares of the technology company’s stock worth $384,096,000 after acquiring an additional 94,645 shares in the last quarter. Captrust Financial Advisors grew its position in AMETEK by 3.1% in the 3rd quarter. Captrust Financial Advisors now owns 268,096 shares of the technology company’s stock valued at $50,402,000 after acquiring an additional 8,101 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in AMETEK by 22.3% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 37,853 shares of the technology company’s stock worth $7,116,000 after purchasing an additional 6,911 shares during the period. Nordea Investment Management AB increased its stake in AMETEK by 246.0% during the third quarter. Nordea Investment Management AB now owns 92,175 shares of the technology company’s stock worth $17,344,000 after purchasing an additional 65,537 shares during the period. Finally, Compagnie Lombard Odier SCmA acquired a new stake in shares of AMETEK during the third quarter worth about $118,311,000. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have commented on AME shares. Mizuho set a $235.00 price objective on shares of AMETEK in a report on Wednesday, February 4th. KeyCorp boosted their target price on AMETEK from $235.00 to $260.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Oppenheimer lowered AMETEK from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 27th. Royal Bank Of Canada reiterated an “outperform” rating and set a $257.00 price objective on shares of AMETEK in a research report on Wednesday, February 4th. Finally, Truist Financial set a $265.00 price objective on AMETEK in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, AMETEK presently has an average rating of “Moderate Buy” and an average target price of $244.82.

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.