Wealthfront Advisers LLC Buys 3,323 Shares of AMETEK, Inc. $AME

Wealthfront Advisers LLC grew its position in shares of AMETEK, Inc. (NYSE:AME) by 12.9% during the third quarter, Holdings Channel.com reports. The fund owned 28,985 shares of the technology company’s stock after purchasing an additional 3,323 shares during the quarter. Wealthfront Advisers LLC’s holdings in AMETEK were worth $5,449,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Darwin Wealth Management LLC bought a new stake in AMETEK in the 2nd quarter worth about $25,000. NewSquare Capital LLC grew its holdings in shares of AMETEK by 129.7% in the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock valued at $31,000 after acquiring an additional 96 shares in the last quarter. TruNorth Capital Management LLC purchased a new stake in shares of AMETEK during the third quarter valued at approximately $31,000. SouthState Corp lifted its holdings in AMETEK by 47.4% during the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after acquiring an additional 65 shares during the period. Finally, AdvisorShares Investments LLC purchased a new position in AMETEK in the second quarter worth $39,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Price Performance

NYSE AME opened at $228.82 on Friday. The company has a quick ratio of 0.67, a current ratio of 1.06 and a debt-to-equity ratio of 0.10. The company has a market cap of $52.67 billion, a PE ratio of 35.75, a price-to-earnings-growth ratio of 3.36 and a beta of 1.03. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $239.94. The firm’s 50-day simple moving average is $213.78 and its two-hundred day simple moving average is $197.14.

AMETEK (NYSE:AME) last posted its earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.07. The firm had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.94 billion. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The company’s revenue was up 13.4% on a year-over-year basis. During the same quarter last year, the company earned $1.87 earnings per share. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. Research analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be given a dividend of $0.34 per share. This is an increase from AMETEK’s previous quarterly dividend of $0.31. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Monday, March 16th. AMETEK’s dividend payout ratio (DPR) is currently 19.38%.

Insider Transactions at AMETEK

In other news, CEO David A. Zapico sold 88,000 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $196.39, for a total value of $17,282,320.00. Following the completion of the transaction, the chief executive officer directly owned 348,955 shares of the company’s stock, valued at $68,531,272.45. This trade represents a 20.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Thomas M. Montgomery sold 6,388 shares of the business’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $205.05, for a total value of $1,309,859.40. Following the sale, the vice president owned 22,116 shares in the company, valued at approximately $4,534,885.80. The trade was a 22.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 137,088 shares of company stock valued at $27,212,340 over the last three months. Company insiders own 0.57% of the company’s stock.

Analyst Upgrades and Downgrades

AME has been the subject of several research analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $257.00 target price on shares of AMETEK in a research report on Wednesday, February 4th. Melius Research set a $235.00 price objective on shares of AMETEK in a report on Monday, January 5th. TD Cowen reaffirmed a “buy” rating on shares of AMETEK in a research report on Tuesday, February 3rd. Robert W. Baird set a $245.00 target price on shares of AMETEK in a research report on Thursday, February 5th. Finally, Oppenheimer lowered shares of AMETEK from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $243.00.

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.