Cumberland Partners Ltd Grows Stake in AMETEK, Inc. $AME

Cumberland Partners Ltd grew its stake in shares of AMETEK, Inc. (NYSE:AME) by 522.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 143,536 shares of the technology company’s stock after acquiring an additional 120,473 shares during the quarter. AMETEK comprises approximately 2.3% of Cumberland Partners Ltd’s portfolio, making the stock its 15th biggest position. Cumberland Partners Ltd owned approximately 0.06% of AMETEK worth $30,768,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of AME. Y.D. More Investments Ltd bought a new stake in AMETEK in the 4th quarter worth about $1,653,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in AMETEK by 6.2% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 487,238 shares of the technology company’s stock valued at $101,901,000 after acquiring an additional 28,621 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new stake in shares of AMETEK during the 4th quarter valued at about $1,027,000. Massachusetts Financial Services Co. MA boosted its holdings 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 acquiring an additional 94,544 shares during the last quarter. Finally, Investment Management Corp VA ADV bought a new stake in shares of AMETEK in the fourth quarter worth approximately $496,000. Institutional investors own 87.43% of the company’s stock.

AMETEK Stock Up 0.4%

Shares of AME stock opened at $242.10 on Friday. 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 12 month low of $175.61 and a 12 month high of $244.71. The stock has a market cap of $55.49 billion, a P/E ratio of 36.57, a P/E/G ratio of 3.38 and a beta of 0.99. The company has a 50 day simple moving average of $231.91 and a two-hundred day simple moving average of $227.51.

AMETEK (NYSE:AME) last issued its quarterly earnings results 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 analysts’ expectations of $1.91 billion. During the same quarter last year, the company posted $1.75 EPS. The company’s 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. On average, research analysts expect that AMETEK, Inc. will post 8.14 earnings per share for the current year.

AMETEK Announces Dividend

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

Analyst Ratings Changes

AME has been the topic of a number of research analyst reports. Weiss Ratings upgraded shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, June 29th. Rothschild & Co Redburn set a $265.00 target price on shares of AMETEK in a research report on Thursday, June 18th. DA Davidson reiterated a “buy” rating and set a $265.00 target price on shares of AMETEK in a research note on Monday, May 4th. BMO Capital Markets assumed coverage on AMETEK in a report on Friday, March 27th. They set an “outperform” rating and a $253.00 price target on the stock. Finally, Morgan Stanley lifted their price objective on AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a report on Friday, July 10th. One 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 company. Based on data from MarketBeat.com, AMETEK presently has a consensus rating of “Moderate Buy” and an average target price of $256.29.

AMETEK 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.