Interval Partners LP Makes New $50 Million Investment in AMETEK, Inc. $AME

Interval Partners LP purchased a new stake in shares of AMETEK, Inc. (NYSE:AMEFree Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 265,944 shares of the technology company’s stock, valued at approximately $49,997,000. AMETEK accounts for about 0.8% of Interval Partners LP’s investment portfolio, making the stock its 25th biggest position. Interval Partners LP owned 0.12% of AMETEK as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of AME. Darwin Wealth Management LLC acquired a new position in shares of AMETEK in the 2nd quarter worth approximately $25,000. TruNorth Capital Management LLC bought a new stake in AMETEK during the third quarter worth approximately $31,000. Grey Fox Wealth Advisors LLC bought a new position in shares of AMETEK in the third quarter valued at $39,000. Westside Investment Management Inc. lifted its position in shares of AMETEK by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 224 shares of the technology company’s stock valued at $42,000 after acquiring an additional 112 shares during the last quarter. Finally, Sound Income Strategies LLC boosted its stake in shares of AMETEK by 4,420.0% during the 3rd quarter. Sound Income Strategies LLC now owns 226 shares of the technology company’s stock worth $41,000 after acquiring an additional 221 shares in the last quarter. Institutional investors own 87.43% of the company’s stock.

AMETEK Stock Down 0.6%

NYSE:AME opened at $214.35 on Friday. The business’s fifty day moving average price is $224.77 and its 200 day moving average price is $203.99. The firm has a market capitalization of $49.10 billion, a price-to-earnings ratio of 33.49, a PEG ratio of 3.08 and a beta of 1.02. The company has a current ratio of 1.06, a quick ratio of 0.67 and a debt-to-equity ratio of 0.10. AMETEK, Inc. has a 1-year low of $145.02 and a 1-year high of $242.05.

AMETEK (NYSE:AMEGet Free Report) last released its earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.07. The company had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.94 billion. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The business’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.87 EPS. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. On average, sell-side analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be given a dividend of $0.34 per share. The ex-dividend date of this dividend is Monday, March 16th. This is a boost 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%. AMETEK’s payout ratio is presently 19.38%.

Insider Activity at AMETEK

In other AMETEK news, VP Thomas M. Montgomery sold 6,388 shares of the stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $205.05, for a total value of $1,309,859.40. Following the completion of the sale, the vice president owned 22,116 shares in the company, valued at $4,534,885.80. This represents a 22.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Thomas C. Marecic sold 14,310 shares of AMETEK stock in a transaction on Monday, December 15th. The shares were sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the sale, the insider directly owned 42,589 shares of the company’s stock, valued at $8,607,662.79. This trade represents a 25.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.57% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

AME has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on AMETEK in a research report on Wednesday, January 21st. They set a “buy” rating and a $271.00 target price on the stock. Barclays lifted their price target on AMETEK from $210.00 to $220.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Melius Research set a $235.00 price objective on AMETEK in a report on Monday, January 5th. Morgan Stanley raised 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. Finally, Mizuho set a $235.00 target price on shares of AMETEK in a research report on Wednesday, February 4th. One 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, the company has an average rating of “Moderate Buy” and a consensus target price of $244.82.

Get Our Latest Analysis on AMETEK

About AMETEK

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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