HighTower Advisors LLC lessened its holdings in AMETEK, Inc. (NYSE:AME – Free Report) by 15.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 45,767 shares of the technology company’s stock after selling 8,477 shares during the period. HighTower Advisors LLC’s holdings in AMETEK were worth $9,396,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. CoreCap Advisors LLC raised its stake 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 during the period. Darwin Wealth Management LLC bought a new stake in AMETEK in the 2nd quarter valued at $25,000. BOKF NA raised its stake in AMETEK by 137.7% in the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after acquiring an additional 84 shares during the period. Flagship Harbor Advisors LLC bought a new stake in AMETEK in the 4th quarter valued at $32,000. Finally, ORG Partners LLC raised its stake in AMETEK by 42.6% in the 4th quarter. ORG Partners LLC now owns 201 shares of the technology company’s stock valued at $41,000 after acquiring an additional 60 shares during the period. Institutional investors own 87.43% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on AME shares. Barclays increased their price target on AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. KeyCorp increased their price objective on AMETEK from $235.00 to $260.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th. BMO Capital Markets assumed coverage on AMETEK in a research report on Friday, March 27th. They set an “outperform” rating and a $253.00 price objective on the stock. Wall Street Zen cut AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $252.33.
Insider Activity
In other news, Director Thomas A. Amato sold 530 shares of the stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total transaction of $114,893.40. Following the sale, the director directly owned 4,480 shares of the company’s stock, valued at approximately $971,174.40. This represents a 10.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.54% of the company’s stock.
AMETEK Stock Up 0.1%
AME stock opened at $224.75 on Tuesday. 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 stock has a market capitalization of $51.51 billion, a price-to-earnings ratio of 33.95, a PEG ratio of 3.15 and a beta of 1.03. The business’s fifty day moving average price is $225.16 and its two-hundred day moving average price is $217.40. AMETEK, Inc. has a fifty-two week low of $174.43 and a fifty-two week high of $243.18.
AMETEK (NYSE:AME – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.07. The firm had revenue of $1.93 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter last year, the business 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. On average, equities analysts anticipate that AMETEK, Inc. will post 8.13 earnings per share for the current year.
AMETEK Dividend Announcement
The business 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 dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, June 15th. AMETEK’s dividend payout ratio is 20.54%.
AMETEK Company 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.
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