Family Manage LLC Purchases Shares of 9,594 AMETEK, Inc. $AME

Family Manage LLC acquired a new position in AMETEK, Inc. (NYSE:AME) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 9,594 shares of the technology company’s stock, valued at approximately $2,057,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in AME. CoreCap Advisors LLC boosted its holdings 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 in the last quarter. MV Capital Management Inc. acquired a new position in AMETEK in the fourth quarter worth approximately $28,000. Brown Lisle Cummings Inc. increased its holdings in shares of AMETEK by 878.6% in the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock valued at $29,000 after buying an additional 123 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of AMETEK during the 2nd quarter valued at $25,000. Finally, SJS Investment Consulting Inc. lifted its position in shares of AMETEK by 393.1% during the 1st quarter. SJS Investment Consulting Inc. now owns 143 shares of the technology company’s stock valued at $31,000 after acquiring an additional 114 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors.

AMETEK Stock Performance

Shares of AME opened at $242.10 on Monday. The company’s 50 day moving average price is $231.91 and its 200 day moving average price is $227.62. AMETEK, Inc. has a 52 week low of $175.61 and a 52 week high of $244.71. The company has a market capitalization of $55.49 billion, a PE ratio of 36.57, a PEG ratio of 3.39 and a beta of 0.99. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.72 and a current ratio of 1.14.

AMETEK (NYSE:AME) last released its earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping 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 revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. Research analysts expect that AMETEK, Inc. will post 8.14 EPS for the current fiscal year.

AMETEK Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on AME. Royal Bank Of Canada lifted their target price on AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Citigroup assumed coverage on AMETEK in a report on Monday, June 15th. They set a “neutral” rating and a $257.00 target price for the company. Mizuho set a $270.00 price target on AMETEK in a research report on Friday, May 1st. DA Davidson restated a “buy” rating and set a $265.00 price objective on shares of AMETEK in a report on Monday, May 4th. Finally, Wall Street Zen lowered shares of AMETEK from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $256.29.

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.