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

AMETEK, Inc. (NYSE:AME) announced a quarterly dividend on Thursday, August 6th. Stockholders 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) dividend on an annualized basis and a dividend yield of 0.6%. 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 raised its dividend every year for the last 6 years. AMETEK has a payout ratio of 17.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect AMETEK to earn $9.04 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 15.0%.

AMETEK Trading Up 3.3%

NYSE AME opened at $241.97 on Friday. The stock has a market cap of $55.46 billion, a P/E ratio of 35.38, a price-to-earnings-growth ratio of 3.09 and a beta of 0.99. The stock has a 50 day simple moving average of $241.42 and a two-hundred day simple moving average of $232.68. AMETEK has a fifty-two week low of $179.24 and a fifty-two week high of $261.16. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21.

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, beating the consensus estimate of $1.99 by $0.10. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The business had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $1.95 billion. During the same period in the previous year, the firm posted $1.78 EPS. The business’s revenue was up 15.0% on a year-over-year basis. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. On average, analysts forecast that AMETEK will post 8.32 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on AME. Rothschild & Co Redburn set a $265.00 target price on shares of AMETEK in a report on Thursday, June 18th. Robert W. Baird set a $275.00 price target on AMETEK in a report on Wednesday, August 5th. Citigroup raised their target price on shares of AMETEK from $257.00 to $261.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Seaport Research Partners reaffirmed a “buy” rating and issued a $290.00 price objective on shares of AMETEK in a research note on Wednesday, August 5th. Finally, Truist Financial increased their target price on AMETEK from $303.00 to $316.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $266.69.

About AMETEK

AMETEK, Inc (NYSE: AME) is a diversified manufacturer of industrial technology products and solutions. The company develops equipment used to monitor, measure, test, control and analyze processes across a range of industrial and commercial applications.

AMETEK operates through two primary business groups: Electronic Instruments, which provides analytical, monitoring, testing and measurement equipment; and Electromechanical, which supplies automation systems, motors, power systems, aerospace and defense products, engineered materials and other specialized components.