First Trust Advisors LP Purchases 20,722 Shares of AMETEK, Inc. $AME

First Trust Advisors LP increased its position in AMETEK, Inc. (NYSE:AME) by 20.7% in the 1st quarter, HoldingsChannel reports. The fund owned 120,834 shares of the technology company’s stock after purchasing an additional 20,722 shares during the period. First Trust Advisors LP’s holdings in AMETEK were worth $25,902,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AME. CoreCap Advisors LLC boosted its position 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 purchasing an additional 59 shares during the period. MV Capital Management Inc. bought a new stake in shares of AMETEK in the fourth quarter valued at approximately $28,000. Brown Lisle Cummings Inc. lifted its stake in shares of AMETEK by 878.6% during the 1st 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 purchased a new stake in shares of AMETEK during the 2nd quarter valued at approximately $25,000. Finally, SJS Investment Consulting Inc. boosted its holdings in AMETEK by 393.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 143 shares of the technology company’s stock worth $31,000 after buying an additional 114 shares during the period. 87.43% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on AME shares. Truist Financial lifted their price objective on shares of AMETEK from $275.00 to $303.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Morgan Stanley lifted their price target on AMETEK from $235.00 to $245.00 and gave the company an “equal weight” rating in a research report on Friday, July 10th. DA Davidson reissued a “buy” rating and set a $265.00 price objective on shares of AMETEK in a report on Monday, May 4th. Citigroup started coverage on AMETEK in a research note on Monday, June 15th. They issued a “neutral” rating and a $257.00 target price for the company. Finally, Rothschild & Co Redburn set a $265.00 price target on AMETEK in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $256.29.

AMETEK Price Performance

AMETEK stock opened at $241.34 on Wednesday. The stock has a market cap of $55.32 billion, a price-to-earnings ratio of 36.46, a PEG ratio of 3.41 and a beta of 0.99. 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 business has a 50-day simple moving average of $232.66 and a 200 day simple moving average of $228.04. AMETEK, Inc. has a 52 week low of $175.61 and a 52 week high of $244.71.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. The firm had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.91 billion. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The company’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter last 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. On average, research analysts forecast that AMETEK, Inc. will post 8.14 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued 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 dividend yield of 0.6%. AMETEK’s dividend payout ratio is presently 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.