SG Americas Securities LLC Buys 169,108 Shares of AMETEK, Inc. $AME

SG Americas Securities LLC grew its stake in shares of AMETEK, Inc. (NYSE:AMEFree Report) by 90.1% in the first quarter, Holdings Channel reports. The institutional investor owned 356,862 shares of the technology company’s stock after purchasing an additional 169,108 shares during the period. SG Americas Securities LLC’s holdings in AMETEK were worth $76,497,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in AME. Darwin Wealth Management LLC acquired a new stake in AMETEK during the second quarter worth about $25,000. CoreCap Advisors LLC raised its holdings in AMETEK by 84.3% in the 4th 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. bought a new stake in shares of AMETEK in the 4th quarter worth approximately $28,000. BOKF NA lifted its position in shares of AMETEK by 137.7% in the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after acquiring an additional 84 shares during the period. Finally, Transamerica Financial Advisors LLC grew its holdings in shares of AMETEK by 73.9% during the 4th quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock worth $31,000 after purchasing an additional 65 shares in the last quarter. Institutional investors own 87.43% of the company’s stock.

Wall Street Analyst Weigh In

AME has been the subject of a number of recent research reports. 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. Weiss Ratings downgraded shares of AMETEK from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Barclays boosted their price target on shares of AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. Robert W. Baird set a $244.00 price objective on shares of AMETEK in a report on Friday, May 1st. Finally, Royal Bank Of Canada lifted their target price 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. One equities research 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. Based on data from MarketBeat.com, AMETEK presently has a consensus rating of “Moderate Buy” and a consensus price target of $253.57.

Check Out Our Latest Research Report on AME

AMETEK Price Performance

AMETEK stock opened at $241.41 on Tuesday. The business has a 50 day simple moving average of $230.39 and a 200 day simple moving average of $222.17. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.72. The company has a market capitalization of $55.33 billion, a PE ratio of 36.47, a price-to-earnings-growth ratio of 3.33 and a beta of 1.00. AMETEK, Inc. has a one year low of $174.43 and a one year high of $243.18.

AMETEK (NYSE:AMEGet Free Report) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The firm had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.91 billion. During the same period in the prior year, the business posted $1.75 earnings per share. The business’s revenue was up 11.3% compared to the same quarter last year. 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, sell-side analysts forecast that AMETEK, Inc. will post 8.13 EPS for the current fiscal year.

AMETEK Dividend Announcement

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

See Also

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Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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