Marks Group Wealth Management Inc Reduces Holdings in AMETEK, Inc. $AME

Marks Group Wealth Management Inc reduced its stake in shares of AMETEK, Inc. (NYSE:AME) by 18.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,086 shares of the technology company’s stock after selling 7,714 shares during the period. Marks Group Wealth Management Inc’s holdings in AMETEK were worth $7,307,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Darwin Wealth Management LLC purchased a new position in AMETEK during the second quarter worth $25,000. CoreCap Advisors LLC lifted its position in shares of AMETEK by 84.3% in the fourth quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock valued at $26,000 after acquiring an additional 59 shares in the last quarter. MV Capital Management Inc. purchased a new stake in shares of AMETEK in the fourth quarter valued at $28,000. Brown Lisle Cummings Inc. boosted its stake in shares of AMETEK by 878.6% during the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock valued at $29,000 after acquiring an additional 123 shares during the last quarter. Finally, BOKF NA increased its position in AMETEK by 137.7% during the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after purchasing an additional 84 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Morgan Stanley boosted their target price on shares of AMETEK from $235.00 to $245.00 and gave the company an “equal weight” rating in a research note on Friday, July 10th. Robert W. Baird set a $244.00 price target on shares of AMETEK in a research note on Friday, May 1st. DA Davidson reiterated a “buy” rating and set a $265.00 price target on shares of AMETEK in a report on Monday, May 4th. Royal Bank Of Canada boosted their price objective on shares of AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, May 1st. Finally, BMO Capital Markets initiated coverage on shares of AMETEK in a research note on Friday, March 27th. They set an “outperform” rating and a $253.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $256.29.

AMETEK Stock Performance

AMETEK stock opened at $233.79 on Thursday. The firm has a market capitalization of $53.59 billion, a P/E ratio of 35.32, a PEG ratio of 3.28 and a beta of 0.99. The stock has a fifty day moving average price of $230.97 and a 200 day moving average price of $226.12. AMETEK, Inc. has a 52 week low of $174.43 and a 52 week high of $244.71. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10.

AMETEK (NYSE:AME) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. The company had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.91 billion. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The company’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.75 EPS. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. Equities research analysts anticipate that AMETEK, Inc. will post 8.14 earnings per share for the current year.

AMETEK Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a dividend of $0.34 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.36 annualized dividend and a yield of 0.6%. AMETEK’s dividend payout ratio is 20.54%.

AMETEK 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.