Wescott Financial Advisory Group LLC Acquires Shares of 5,466 AMETEK, Inc. $AME

Wescott Financial Advisory Group LLC acquired a new stake in AMETEK, Inc. (NYSE:AMEFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 5,466 shares of the technology company’s stock, valued at approximately $1,122,000.

Other institutional investors have also recently bought and sold shares of the company. Captrust Financial Advisors lifted its position in shares of AMETEK by 3.1% during the 3rd quarter. Captrust Financial Advisors now owns 268,096 shares of the technology company’s stock valued at $50,402,000 after buying an additional 8,101 shares during the last quarter. Y.D. More Investments Ltd purchased a new position in shares of AMETEK during the 4th quarter valued at $1,653,000. Massachusetts Financial Services Co. MA lifted its position in shares of AMETEK by 10.9% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 959,937 shares of the technology company’s stock valued at $197,085,000 after buying an additional 94,544 shares during the last quarter. MAI Capital Management lifted its position in shares of AMETEK by 33.8% during the 3rd quarter. MAI Capital Management now owns 18,403 shares of the technology company’s stock valued at $3,460,000 after buying an additional 4,648 shares during the last quarter. Finally, Nordea Investment Management AB lifted its position in shares of AMETEK by 825.0% during the 4th quarter. Nordea Investment Management AB now owns 852,585 shares of the technology company’s stock valued at $176,153,000 after buying an additional 760,410 shares during the last quarter. Institutional investors own 87.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on AME shares. Robert W. Baird set a $244.00 price target on AMETEK in a research report on Friday, May 1st. Royal Bank Of Canada upped their price target on AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, May 1st. Truist Financial reaffirmed a “buy” rating and set a $275.00 price target (up from $265.00) on shares of AMETEK in a research report on Monday, May 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, May 20th. Finally, DA Davidson reaffirmed a “buy” rating and set a $265.00 price target on shares of AMETEK in a research report on Monday, May 4th. One investment 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $252.33.

Read Our Latest Stock Report on AMETEK

AMETEK Stock Performance

Shares of AME opened at $226.04 on Friday. The stock’s 50-day simple moving average is $228.76 and its 200 day simple moving average is $220.34. The stock has a market capitalization of $51.81 billion, a price-to-earnings ratio of 34.15, a price-to-earnings-growth ratio of 3.11 and a beta of 1.00. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.72 and a current ratio of 1.14. AMETEK, Inc. has a 52-week low of $174.43 and a 52-week high of $243.18.

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 business 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 firm’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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. Research analysts forecast that AMETEK, Inc. will post 8.13 EPS for the current fiscal 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 dividend payout ratio is 20.54%.

Insider Transactions at AMETEK

In related news, Director Thomas A. Amato sold 530 shares of the 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 sale, the director 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company 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.

See Also

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Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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