AMETEK, Inc. $AME Shares Bought by Wealthfront Advisers LLC

Wealthfront Advisers LLC raised its holdings in AMETEK, Inc. (NYSE:AME) by 13.4% during the 1st quarter, Holdings Channel reports. The firm owned 36,632 shares of the technology company’s stock after purchasing an additional 4,326 shares during the quarter. Wealthfront Advisers LLC’s holdings in AMETEK were worth $7,852,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. CoreCap Advisors LLC increased its stake in shares of AMETEK by 84.3% during the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after purchasing an additional 59 shares in the last quarter. MV Capital Management Inc. purchased a new stake in AMETEK in the 4th quarter valued at approximately $28,000. Brown Lisle Cummings Inc. grew its holdings in AMETEK by 878.6% during the 1st 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 during the last quarter. Darwin Wealth Management LLC acquired a new stake in AMETEK during the 2nd quarter valued at $25,000. Finally, SJS Investment Consulting Inc. increased its position in AMETEK by 393.1% during 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 in the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on AME. Robert W. Baird set a $244.00 price objective on AMETEK in a research report on Friday, May 1st. Truist Financial lifted their price objective on AMETEK from $275.00 to $303.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. BMO Capital Markets assumed coverage on shares of AMETEK in a report on Friday, March 27th. They issued an “outperform” rating and a $253.00 target price on the stock. Finally, Royal Bank Of Canada raised their price target 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. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, AMETEK presently has a consensus rating of “Moderate Buy” and an average price target of $256.29.

AMETEK Trading Down 0.3%

Shares of AMETEK stock opened at $236.66 on Friday. AMETEK, Inc. has a fifty-two week low of $175.61 and a fifty-two week high of $244.71. The firm has a market cap of $54.24 billion, a PE ratio of 35.75, a P/E/G ratio of 3.32 and a beta of 0.99. The business’s fifty day moving average is $231.11 and its two-hundred day moving average is $226.40. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10.

AMETEK (NYSE:AME) last announced 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. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The business had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same period in the prior year, the firm posted $1.75 EPS. The company’s revenue was up 11.3% on a year-over-year basis. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. Analysts anticipate that AMETEK, Inc. will post 8.14 earnings per share for the current year.

AMETEK Announces Dividend

The business also recently declared 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 yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 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.