Thomas Amato Sells 530 Shares of AMETEK (NYSE:AME) Stock

AMETEK, Inc. (NYSE:AME) Director Thomas Amato sold 530 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total transaction of $114,893.40. Following the sale, the director owned 4,480 shares of the company’s stock, valued at approximately $971,174.40. The trade was a 10.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

AMETEK Stock Performance

AMETEK stock traded down $1.39 during trading on Wednesday, hitting $215.60. The stock had a trading volume of 1,280,840 shares, compared to its average volume of 1,421,928. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $242.05. The company has a quick ratio of 0.67, a current ratio of 1.06 and a debt-to-equity ratio of 0.10. The stock’s 50 day moving average is $225.06 and its two-hundred day moving average is $205.60. The stock has a market cap of $49.39 billion, a price-to-earnings ratio of 33.69, a price-to-earnings-growth ratio of 3.04 and a beta of 1.02.

AMETEK (NYSE:AME) last announced its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.07. The business had revenue of $2 billion during the quarter, compared to analyst estimates of $1.94 billion. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.AMETEK’s revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.87 earnings per share. 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, analysts predict that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be issued a $0.34 dividend. This is an increase from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.36 annualized dividend and a yield of 0.6%. AMETEK’s payout ratio is 21.25%.

Hedge Funds Weigh In On AMETEK

Several hedge funds have recently bought and sold shares of the company. Principal Financial Group Inc. increased its position in shares of AMETEK by 4.9% in the third quarter. Principal Financial Group Inc. now owns 2,043,029 shares of the technology company’s stock worth $384,096,000 after purchasing an additional 94,645 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of AMETEK by 3.1% during the 3rd quarter. Captrust Financial Advisors now owns 268,096 shares of the technology company’s stock valued at $50,402,000 after buying an additional 8,101 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in AMETEK by 22.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 37,853 shares of the technology company’s stock worth $7,116,000 after buying an additional 6,911 shares during the last quarter. Nordea Investment Management AB boosted its stake in AMETEK by 246.0% in the third quarter. Nordea Investment Management AB now owns 92,175 shares of the technology company’s stock worth $17,344,000 after buying an additional 65,537 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA purchased a new stake in AMETEK in the third quarter worth approximately $118,311,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on AME shares. Robert W. Baird set a $245.00 target price on shares of AMETEK in a research report on Thursday, February 5th. Melius Research set a $235.00 price target on shares of AMETEK in a research report on Monday, January 5th. TD Cowen restated a “buy” rating on shares of AMETEK in a research note on Tuesday, February 3rd. Truist Financial set a $265.00 price objective on shares of AMETEK in a report on Wednesday, February 4th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, AMETEK has an average rating of “Moderate Buy” and an average target price of $244.82.

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.