Kornitzer Capital Management Inc. KS Decreases Stake in AMETEK, Inc. $AME

Kornitzer Capital Management Inc. KS lowered its position in AMETEK, Inc. (NYSE:AMEFree Report) by 15.9% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 63,275 shares of the technology company’s stock after selling 12,000 shares during the period. Kornitzer Capital Management Inc. KS’s holdings in AMETEK were worth $12,991,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC purchased a new position in shares of AMETEK during the 2nd quarter worth $25,000. CoreCap Advisors LLC raised its holdings in shares of AMETEK by 84.3% during the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after acquiring an additional 59 shares during the period. TruNorth Capital Management LLC purchased a new position in shares of AMETEK during the 3rd quarter worth $31,000. Flagship Harbor Advisors LLC purchased a new position in shares of AMETEK during the 4th quarter worth $32,000. Finally, Grey Fox Wealth Advisors LLC purchased a new position in shares of AMETEK during the 3rd quarter worth $39,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on AME. Royal Bank Of Canada lifted their price target on AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a report on Friday. Oppenheimer lowered AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. KeyCorp lifted their price target on AMETEK from $235.00 to $260.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Wall Street Zen upgraded AMETEK from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Deutsche Bank Aktiengesellschaft began coverage on AMETEK in a report on Wednesday, January 21st. They set a “buy” rating and a $271.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $248.58.

Read Our Latest Research Report on AME

AMETEK Stock Down 2.3%

Shares of NYSE:AME opened at $230.00 on Friday. The business has a 50-day moving average price of $225.56 and a 200 day moving average price of $212.81. The company has a current ratio of 1.14, a quick ratio of 0.67 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $52.69 billion, a price-to-earnings ratio of 35.94, a PEG ratio of 3.39 and a beta of 1.03. AMETEK, Inc. has a 12-month low of $167.75 and a 12-month high of $242.05.

AMETEK (NYSE:AMEGet Free Report) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping 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 quarterly revenue was up 11.3% on a year-over-year basis. During the same period last year, the company earned $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. Sell-side analysts expect that AMETEK, Inc. will post 8.03 EPS for the current year.

AMETEK Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, March 16th. This is a positive change from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s dividend payout ratio is 21.25%.

Key Stories Impacting AMETEK

Here are the key news stories impacting AMETEK this week:

Insider Activity

In related news, Director Thomas A. Amato sold 530 shares of the firm’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 sale, the director directly owned 4,480 shares of the company’s stock, valued at approximately $971,174.40. This trade represents a 10.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.54% of the company’s stock.

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.

Further Reading

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Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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