Louisiana State Employees Retirement System Takes $2.51 Million Position in AMETEK, Inc. $AME

Louisiana State Employees Retirement System purchased a new position in AMETEK, Inc. (NYSE:AME) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,700 shares of the technology company’s stock, valued at approximately $2,508,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Florida Financial Advisors LLC grew its stake in AMETEK by 2.2% in the 4th quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company’s stock worth $406,000 after acquiring an additional 43 shares in the last quarter. Plato Investment Management Ltd raised its stake in shares of AMETEK by 0.4% during the fourth quarter. Plato Investment Management Ltd now owns 10,751 shares of the technology company’s stock valued at $2,218,000 after acquiring an additional 47 shares in the last quarter. Allegiance Financial Group Advisory Services LLC boosted its holdings in shares of AMETEK by 4.0% in the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 1,254 shares of the technology company’s stock valued at $257,000 after purchasing an additional 48 shares during the period. Washington Trust Advisors Inc. grew its stake in AMETEK by 6.2% in the fourth quarter. Washington Trust Advisors Inc. now owns 850 shares of the technology company’s stock worth $175,000 after purchasing an additional 50 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH grew its stake in AMETEK by 2.9% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 1,816 shares of the technology company’s stock worth $373,000 after purchasing an additional 51 shares in the last quarter. Institutional investors own 87.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Truist Financial reaffirmed a “buy” rating and set a $275.00 target price (up from $265.00) on shares of AMETEK in a research report on Monday, May 4th. Weiss Ratings lowered AMETEK from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Barclays lifted 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 upped their price objective on shares of AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Finally, Mizuho set a $270.00 target price on shares of AMETEK in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, AMETEK has a consensus rating of “Moderate Buy” and an average target price of $253.57.

AMETEK Stock Up 0.0%

Shares of NYSE AME opened at $237.52 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $54.44 billion, a PE ratio of 35.88, a price-to-earnings-growth ratio of 3.33 and a beta of 1.00. The stock’s fifty day simple moving average is $230.82 and its two-hundred day simple moving average is $223.53. AMETEK, Inc. has a 12-month low of $174.43 and a 12-month high of $244.71.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. The business had revenue of $1.93 billion for 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 business’s revenue was up 11.3% compared to the same quarter last year. During the same period last year, the business 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. As a group, analysts expect that AMETEK, Inc. will post 8.13 EPS for the current fiscal year.

AMETEK Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $0.34 dividend. The ex-dividend date 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%.

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.