Victory Capital Management Inc. Buys 6,165 Shares of AMETEK, Inc. $AME

Victory Capital Management Inc. increased its stake in AMETEK, Inc. (NYSE:AME) by 4.2% in the third quarter, Holdings Channel.com reports. The firm owned 151,320 shares of the technology company’s stock after purchasing an additional 6,165 shares during the quarter. Victory Capital Management Inc.’s holdings in AMETEK were worth $28,448,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of AME. Sivia Capital Partners LLC bought a new position in shares of AMETEK during the second quarter worth about $295,000. SouthState Corp boosted its position in AMETEK by 47.4% during the 2nd quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after acquiring an additional 65 shares during the last quarter. Savant Capital LLC boosted its position in AMETEK by 266.1% during the 2nd quarter. Savant Capital LLC now owns 14,157 shares of the technology company’s stock worth $2,562,000 after acquiring an additional 10,290 shares during the last quarter. Vestmark Advisory Solutions Inc. grew its stake in shares of AMETEK by 165.8% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 13,831 shares of the technology company’s stock worth $2,503,000 after acquiring an additional 8,627 shares in the last quarter. Finally, AE Wealth Management LLC acquired a new stake in shares of AMETEK in the second quarter valued at approximately $288,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

Insider Buying and Selling at AMETEK

In other AMETEK news, CEO David A. Zapico sold 28,390 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $201.76, for a total transaction of $5,727,966.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Thomas M. Montgomery sold 6,388 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the completion of the transaction, the vice president owned 22,116 shares in the company, valued at approximately $4,534,885.80. This represents a 22.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 49,088 shares of company stock valued at $9,930,020 in the last quarter. 0.57% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Morgan Stanley increased their target price on shares of AMETEK from $198.00 to $215.00 and gave the stock an “equal weight” rating in a report on Monday, January 12th. Robert W. Baird set a $245.00 price objective on shares of AMETEK in a research note on Thursday, February 5th. Wall Street Zen upgraded AMETEK from a “hold” rating to a “buy” rating in a report on Sunday, February 22nd. DA Davidson reaffirmed a “buy” rating and issued a $240.00 target price on shares of AMETEK in a research report on Wednesday, February 4th. Finally, Melius Research set a $235.00 price target on AMETEK in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $243.00.

AMETEK Stock Performance

Shares of AME stock opened at $222.02 on Monday. The stock has a market cap of $50.84 billion, a P/E ratio of 34.69, a P/E/G ratio of 3.17 and a beta of 1.02. The company has a fifty day moving average price of $223.37 and a two-hundred day moving average price of $203.00. AMETEK, Inc. has a one year low of $145.02 and a one year high of $242.05. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 0.67.

AMETEK (NYSE:AME) last issued its earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.07. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The business had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same period last year, the business posted $1.87 EPS. AMETEK’s revenue was up 13.4% on a year-over-year basis. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. As a group, equities analysts predict that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be paid a $0.34 dividend. This is a boost from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date is Monday, March 16th. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 19.38%.

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.