Employees Retirement System of Texas Purchases New Position in AMETEK, Inc. $AME

Employees Retirement System of Texas purchased a new stake in AMETEK, Inc. (NYSE:AME) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 262,148 shares of the technology company’s stock, valued at approximately $53,822,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Darwin Wealth Management LLC bought a new stake in shares of AMETEK in the second quarter valued at about $25,000. CoreCap Advisors LLC boosted 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 during the period. BOKF NA boosted its position in shares of AMETEK by 137.7% in the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after acquiring an additional 84 shares during the period. Flagship Harbor Advisors LLC bought a new stake in shares of AMETEK in the fourth quarter valued at about $32,000. Finally, ORG Partners LLC boosted its position in shares of AMETEK by 42.6% in the fourth quarter. ORG Partners LLC now owns 201 shares of the technology company’s stock valued at $41,000 after acquiring an additional 60 shares during the period. Institutional investors and hedge funds own 87.43% of the company’s stock.

AMETEK Stock Up 2.2%

AME stock opened at $229.42 on Wednesday. The company has a market cap of $52.58 billion, a PE ratio of 34.66, a price-to-earnings-growth ratio of 3.15 and a beta of 1.03. The business has a 50-day simple moving average of $225.46 and a 200 day simple moving average of $217.62. AMETEK, Inc. has a 52 week low of $174.43 and a 52 week high of $243.18. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10.

AMETEK (NYSE:AME) last posted its quarterly earnings results 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 business 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%.AMETEK’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.75 earnings per share. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. Sell-side analysts anticipate that AMETEK, Inc. will post 8.13 EPS for the current fiscal year.

AMETEK Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on AME. Mizuho set a $270.00 target price on shares of AMETEK in a research report on Friday, May 1st. Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, May 20th. TD Cowen reissued a “buy” rating on shares of AMETEK in a research report on Tuesday, February 3rd. DA Davidson reissued a “buy” rating and issued a $265.00 target price on shares of AMETEK in a research report on Monday, May 4th. Finally, KeyCorp boosted their target price on shares of AMETEK from $235.00 to $260.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, AMETEK presently has an average rating of “Moderate Buy” and a consensus target price of $252.33.

Insider Buying and Selling

In other AMETEK news, Director Thomas A. Amato sold 530 shares of the business’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total transaction of $114,893.40. Following the completion of the transaction, the director owned 4,480 shares of the company’s stock, valued at approximately $971,174.40. The trade was a 10.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.54% of the company’s stock.

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.