OMERS ADMINISTRATION Corp Buys 10,338 Shares of AMETEK, Inc. $AME

OMERS ADMINISTRATION Corp grew its stake in AMETEK, Inc. (NYSE:AME) by 125.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,598 shares of the technology company’s stock after buying an additional 10,338 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in AMETEK were worth $3,987,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in AME. Y.D. More Investments Ltd acquired a new position in AMETEK during the fourth quarter worth $1,653,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in AMETEK by 6.2% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 487,238 shares of the technology company’s stock worth $101,901,000 after purchasing an additional 28,621 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new position in shares of AMETEK during the 4th quarter worth approximately $1,027,000. Massachusetts Financial Services Co. MA boosted its position in AMETEK by 10.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 959,937 shares of the technology company’s stock worth $197,085,000 after purchasing an additional 94,544 shares during the period. Finally, Investment Management Corp VA ADV bought a new stake in shares of AMETEK during the 4th quarter worth about $496,000. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

AME has been the topic of a number of research reports. Barclays upped their price objective on AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. Royal Bank Of Canada increased their price target on shares of AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a research report on Friday, May 1st. Mizuho set a $270.00 target price on AMETEK in a research report on Friday, May 1st. Morgan Stanley boosted their target price on shares of AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Friday, July 10th. Finally, Weiss Ratings raised AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $256.29.

AMETEK Stock Performance

Shares of AMETEK stock opened at $243.25 on Tuesday. The company has a market cap of $55.75 billion, a P/E ratio of 36.74, a PEG ratio of 3.39 and a beta of 0.99. The business has a 50-day moving average price of $232.25 and a two-hundred day moving average price of $227.82. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10. AMETEK, Inc. has a 1-year low of $175.61 and a 1-year high of $244.71.

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, beating the consensus estimate of $1.90 by $0.07. The firm had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The company’s revenue was up 11.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.75 earnings per share. 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, analysts anticipate that AMETEK, Inc. will post 8.14 EPS for the current year.

AMETEK Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Monday, June 15th. AMETEK’s payout ratio is presently 20.54%.

About AMETEK

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.