James J. Burns & Company LLC Makes New $669,000 Investment in AMETEK, Inc. $AME

James J. Burns & Company LLC acquired a new stake in shares of AMETEK, Inc. (NYSE:AMEFree Report) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 3,120 shares of the technology company’s stock, valued at approximately $669,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. First Merchants Corp lifted its position in AMETEK by 10.8% in the 1st quarter. First Merchants Corp now owns 42,398 shares of the technology company’s stock valued at $9,088,000 after acquiring an additional 4,132 shares in the last quarter. SG Americas Securities LLC increased its holdings in AMETEK by 90.1% during the 1st quarter. SG Americas Securities LLC now owns 356,862 shares of the technology company’s stock worth $76,497,000 after purchasing an additional 169,108 shares in the last quarter. Smith Salley Wealth Management raised its stake in shares of AMETEK by 1.0% in the first quarter. Smith Salley Wealth Management now owns 108,976 shares of the technology company’s stock worth $23,360,000 after purchasing an additional 1,033 shares during the last quarter. Evolve Private Wealth LLC lifted its holdings in shares of AMETEK by 3.4% in the first quarter. Evolve Private Wealth LLC now owns 3,926 shares of the technology company’s stock valued at $842,000 after purchasing an additional 129 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. lifted its holdings in shares of AMETEK by 2.5% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 140,546 shares of the technology company’s stock valued at $30,127,000 after purchasing an additional 3,385 shares in the last quarter. 87.43% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on AME shares. Rothschild & Co Redburn set a $265.00 price target on AMETEK in a report on Thursday. Wall Street Zen cut AMETEK from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Robert W. Baird set a $244.00 target price on shares of AMETEK in a research note on Friday, May 1st. DA Davidson reiterated a “buy” rating and issued a $265.00 target price on shares of AMETEK in a report on Monday, May 4th. Finally, Mizuho set a $270.00 price target on shares of AMETEK in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, AMETEK has an average rating of “Moderate Buy” and an average price target of $253.57.

Get Our Latest Research Report on AMETEK

AMETEK Stock Up 1.7%

AME opened at $241.41 on Tuesday. AMETEK, Inc. has a twelve month low of $174.43 and a twelve month high of $243.18. The company’s 50-day moving average price is $230.39 and its two-hundred day moving average price is $222.17. The stock has a market cap of $55.33 billion, a price-to-earnings ratio of 36.47, a PEG ratio of 3.33 and a beta of 1.00. 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:AMEGet Free Report) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.07. The company had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.91 billion. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. AMETEK’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the business 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. As a group, equities analysts expect that AMETEK, Inc. will post 8.13 earnings per share for the current year.

AMETEK Dividend Announcement

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

AMETEK Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding AME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMETEK, Inc. (NYSE:AMEFree Report).

Institutional Ownership by Quarter for AMETEK (NYSE:AME)

Receive News & Ratings for AMETEK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMETEK and related companies with MarketBeat.com's FREE daily email newsletter.