Davis R M Inc. Decreases Holdings in AMETEK, Inc. $AME

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

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AME. Y.D. More Investments Ltd bought a new stake in shares of AMETEK in the 4th quarter valued at approximately $1,653,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of AMETEK by 6.2% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 487,238 shares of the technology company’s stock valued at $101,901,000 after purchasing an additional 28,621 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new position in shares of AMETEK during the 4th quarter valued at approximately $1,027,000. Massachusetts Financial Services Co. MA raised its holdings in AMETEK by 10.9% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 959,937 shares of the technology company’s stock valued at $197,085,000 after buying an additional 94,544 shares during the period. Finally, Investment Management Corp VA ADV bought a new stake in AMETEK in the fourth quarter worth $496,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Trading Down 0.2%

AME opened at $237.39 on Thursday. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10. The stock’s fifty day moving average is $231.43 and its two-hundred day moving average is $227.18. The company has a market capitalization of $54.41 billion, a P/E ratio of 35.86, a PEG ratio of 3.33 and a beta of 0.99. AMETEK, Inc. has a 52 week low of $175.61 and a 52 week high of $244.71.

AMETEK (NYSE:AME) last issued its earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, topping 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 period in the prior year, the business earned $1.75 EPS. The business’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. Analysts forecast that AMETEK, Inc. will post 8.14 earnings per share for the current year.

AMETEK Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid 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 yield of 0.6%. AMETEK’s dividend payout ratio is 20.54%.

Analyst Upgrades and Downgrades

AME has been the subject of several recent analyst reports. BMO Capital Markets assumed coverage on shares of AMETEK in a research note on Friday, March 27th. They set an “outperform” rating and a $253.00 price objective for the company. Royal Bank Of Canada increased their target price on shares of AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. Citigroup initiated coverage on shares of AMETEK in a report on Monday, June 15th. They issued a “neutral” rating and a $257.00 target price for the company. Morgan Stanley lifted their price target on shares of AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Friday, July 10th. Finally, Barclays increased their price objective on shares of AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $256.29.

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.