Runnymede Capital Advisors Inc. Makes New Investment in AMETEK, Inc. $AME

Runnymede Capital Advisors Inc. acquired a new position in shares of AMETEK, Inc. (NYSE:AME) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 9,718 shares of the technology company’s stock, valued at approximately $1,995,000. AMETEK accounts for about 1.1% of Runnymede Capital Advisors Inc.’s holdings, making the stock its 22nd biggest holding.

Several other institutional investors and hedge funds also recently bought and sold shares of AME. Darwin Wealth Management LLC purchased a new position in AMETEK during the second quarter worth $25,000. CoreCap Advisors LLC boosted its stake in AMETEK by 84.3% during the fourth quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after buying an additional 59 shares during the period. TruNorth Capital Management LLC purchased a new position in AMETEK during the third quarter worth $31,000. Grey Fox Wealth Advisors LLC bought a new position in shares of AMETEK during the third quarter valued at approximately $39,000. Finally, Sound Income Strategies LLC grew its stake in shares of AMETEK by 4,420.0% during the third quarter. Sound Income Strategies LLC now owns 226 shares of the technology company’s stock valued at $41,000 after buying an additional 221 shares during the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Stock Up 5.9%

Shares of NYSE AME opened at $230.52 on Thursday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.67 and a current ratio of 1.06. The firm has a market capitalization of $52.80 billion, a price-to-earnings ratio of 36.02, a PEG ratio of 3.14 and a beta of 1.04. The stock has a 50 day moving average price of $224.72 and a 200 day moving average price of $207.62. AMETEK, Inc. has a 52-week low of $148.30 and a 52-week high of $242.05.

AMETEK (NYSE:AME) last posted its earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.07. The company had revenue of $2 billion during the quarter, compared to analyst estimates of $1.94 billion. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.AMETEK’s revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.87 earnings per share. 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 year.

AMETEK Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were issued a dividend of $0.34 per share. This is an increase from AMETEK’s previous quarterly dividend of $0.31. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Monday, March 16th. AMETEK’s dividend payout ratio (DPR) is currently 21.25%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. TD Cowen reaffirmed a “buy” rating on shares of AMETEK in a research note on Tuesday, February 3rd. DA Davidson reaffirmed a “buy” rating and set a $240.00 target price on shares of AMETEK in a research note on Wednesday, February 4th. Morgan Stanley upped their target price on AMETEK from $215.00 to $235.00 and gave the company an “equal weight” rating in a research note on Thursday, March 12th. Robert W. Baird cut their target price on AMETEK from $245.00 to $235.00 and set a “neutral” rating on the stock in a research note on Monday, March 30th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $257.00 target price on shares of AMETEK in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $244.67.

Insiders Place Their Bets

In other AMETEK news, Director Thomas A. Amato sold 530 shares of the company’s stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total transaction of $114,893.40. Following the completion of 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is currently owned by corporate insiders.

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.