Cumberland Partners Ltd Takes $4.74 Million Position in AMETEK, Inc. $AME

Cumberland Partners Ltd bought a new stake in AMETEK, Inc. (NYSE:AME) in the fourth quarter, Holdings Channel reports. The institutional investor bought 23,063 shares of the technology company’s stock, valued at approximately $4,735,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. CoreCap Advisors LLC raised its holdings 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 buying an additional 59 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in shares of AMETEK in the second quarter valued at about $25,000. BOKF NA raised its holdings 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 buying an additional 84 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new stake in shares of AMETEK in the fourth quarter valued at about $32,000. Finally, ORG Partners LLC raised its holdings 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 buying an additional 60 shares during the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AME has been the subject of a number of research reports. Oppenheimer cut shares of AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. DA Davidson restated a “buy” rating and set a $265.00 price objective on shares of AMETEK in a research report on Monday, May 4th. TD Cowen reaffirmed a “buy” rating on shares of AMETEK in a report on Tuesday, February 3rd. KeyCorp boosted their price target on shares of AMETEK from $235.00 to $260.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Finally, Mizuho set a $270.00 price target on shares of AMETEK in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, AMETEK has an average rating of “Moderate Buy” and an average price target of $252.33.

Insider Buying and Selling

In related news, Director Thomas A. Amato sold 530 shares of the business’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total transaction of $114,893.40. Following the sale, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.54% of the company’s stock.

AMETEK Trading Up 0.7%

Shares of AMETEK stock opened at $224.75 on Friday. 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. The company’s 50-day simple moving average is $224.97 and its 200-day simple moving average is $217.08. The firm has a market cap of $51.51 billion, a price-to-earnings ratio of 33.95, a price-to-earnings-growth ratio of 3.13 and a beta of 1.03.

AMETEK (NYSE:AME) last issued its quarterly earnings results 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. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The business had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same period in the previous 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. As a group, equities research analysts anticipate that AMETEK, Inc. will post 8.13 earnings per share for the current year.

AMETEK Announces Dividend

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

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.