Y Intercept Hong Kong Ltd Invests $7.23 Million in AMETEK, Inc. $AME

Y Intercept Hong Kong Ltd bought a new position in AMETEK, Inc. (NYSE:AME) during the first quarter, Holdings Channel reports. The fund bought 33,744 shares of the technology company’s stock, valued at approximately $7,233,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. CoreCap Advisors LLC boosted its position in shares of 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 purchasing an additional 59 shares during the period. MV Capital Management Inc. acquired a new stake in AMETEK during the 4th quarter worth about $28,000. Brown Lisle Cummings Inc. lifted its stake in AMETEK by 878.6% during the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock valued at $29,000 after buying an additional 123 shares in the last quarter. Darwin Wealth Management LLC purchased a new stake in AMETEK during the second quarter valued at about $25,000. Finally, SJS Investment Consulting Inc. boosted its holdings in shares of AMETEK by 393.1% in the first quarter. SJS Investment Consulting Inc. now owns 143 shares of the technology company’s stock worth $31,000 after buying an additional 114 shares during the period. 87.43% of the stock is owned by institutional investors and hedge funds.

AMETEK Price Performance

Shares of AME opened at $234.66 on Friday. The business’s 50-day moving average is $231.05 and its 200-day moving average is $224.36. 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 company has a market capitalization of $53.78 billion, a price-to-earnings ratio of 35.45, a P/E/G ratio of 3.29 and a beta of 0.99. AMETEK, Inc. has a fifty-two week low of $174.43 and a fifty-two week high of $244.71.

AMETEK (NYSE:AME) last posted its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $1.91 billion. During the same period last year, the company posted $1.75 earnings per share. The firm’s quarterly 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. Equities research analysts expect that AMETEK, Inc. will post 8.13 EPS for the current fiscal year.

AMETEK Dividend Announcement

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

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Citigroup began coverage on shares of AMETEK in a report on Monday, June 15th. They set a “neutral” rating and a $257.00 price target on the stock. Mizuho set a $270.00 price objective on shares of AMETEK in a research note on Friday, May 1st. Rothschild & Co Redburn set a $265.00 price objective on shares of AMETEK in a research report on Thursday, June 18th. Morgan Stanley boosted their target price on shares of AMETEK from $215.00 to $235.00 and gave the company an “equal weight” rating in a research note on Thursday, March 12th. Finally, Barclays increased their target price on AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $255.57.

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.