King Luther Capital Management Corp Acquires 12,124 Shares of AMETEK, Inc. $AME

King Luther Capital Management Corp boosted its holdings in AMETEK, Inc. (NYSE:AME) by 10.2% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 131,358 shares of the technology company’s stock after acquiring an additional 12,124 shares during the quarter. King Luther Capital Management Corp’s holdings in AMETEK were worth $26,969,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in AME. Darwin Wealth Management LLC bought a new position in AMETEK in the 2nd quarter worth about $25,000. CoreCap Advisors LLC increased its stake in AMETEK by 84.3% in the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after acquiring an additional 59 shares during the last quarter. BOKF NA increased its stake in AMETEK by 137.7% in the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after acquiring an additional 84 shares during the last quarter. Flagship Harbor Advisors LLC bought a new position in AMETEK in the 4th quarter worth about $32,000. Finally, ORG Partners LLC increased its stake in AMETEK by 42.6% in the 4th quarter. ORG Partners LLC now owns 201 shares of the technology company’s stock worth $41,000 after acquiring an additional 60 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on AME shares. Royal Bank Of Canada increased their price objective on AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, May 1st. Truist Financial reiterated a “buy” rating and set a $275.00 price objective (up from $265.00) on shares of AMETEK in a research report on Monday, May 4th. KeyCorp increased their price objective on AMETEK from $235.00 to $260.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, May 20th. Finally, BMO Capital Markets started coverage on AMETEK in a research report on Friday, March 27th. They set an “outperform” rating and a $253.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $252.33.

Insiders Place Their Bets

In related news, Director Thomas A. Amato sold 530 shares of the stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total transaction of $114,893.40. Following the completion of the sale, the director directly owned 4,480 shares in the company, valued at $971,174.40. This represents a 10.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.54% of the stock is owned by corporate insiders.

AMETEK Trading Down 1.3%

Shares of AME stock opened at $226.38 on Thursday. The stock has a market capitalization of $51.89 billion, a PE ratio of 34.20, a P/E/G ratio of 3.22 and a beta of 1.03. AMETEK, Inc. has a 1-year low of $174.43 and a 1-year high of $243.18. The business has a 50-day moving average of $225.70 and a 200 day moving average of $217.83. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.72.

AMETEK (NYSE:AME) last issued its earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.07. The company had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.91 billion. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.AMETEK’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.75 EPS. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. As a group, sell-side analysts anticipate that AMETEK, Inc. will post 8.13 earnings per share for the current year.

AMETEK Dividend Announcement

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

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.