OP Asset Management Ltd Buys Shares of 49,857 AMETEK, Inc. $AME

OP Asset Management Ltd bought a new position in shares of AMETEK, Inc. (NYSE:AME) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 49,857 shares of the technology company’s stock, valued at approximately $10,687,000.

Other hedge funds also recently made changes to their positions in the company. Captrust Financial Advisors lifted its holdings in shares of AMETEK by 3.1% in the third quarter. Captrust Financial Advisors now owns 268,096 shares of the technology company’s stock worth $50,402,000 after buying an additional 8,101 shares in the last quarter. Y.D. More Investments Ltd purchased a new position in AMETEK during the fourth quarter valued at approximately $1,653,000. Massachusetts Financial Services Co. MA increased its holdings in AMETEK by 10.9% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 959,937 shares of the technology company’s stock worth $197,085,000 after acquiring an additional 94,544 shares during the period. MAI Capital Management lifted its stake in AMETEK by 33.8% in the 3rd quarter. MAI Capital Management now owns 18,403 shares of the technology company’s stock worth $3,460,000 after purchasing an additional 4,648 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in AMETEK by 6.2% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 487,238 shares of the technology company’s stock worth $101,901,000 after purchasing an additional 28,621 shares in the last quarter. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AME. Barclays boosted their price target on shares of AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Rothschild & Co Redburn set a $265.00 price objective on AMETEK in a research note on Thursday, June 18th. Weiss Ratings cut AMETEK from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. Morgan Stanley upped their target price on AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 12th. Finally, Robert W. Baird set a $244.00 price target on AMETEK in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $253.57.

AMETEK Stock Up 2.3%

Shares of NYSE AME opened at $240.76 on Friday. The stock has a market capitalization of $55.18 billion, a P/E ratio of 36.37, a PEG ratio of 3.30 and a beta of 1.00. AMETEK, Inc. has a one year low of $174.43 and a one year high of $244.71. The firm’s 50 day simple moving average is $230.53 and its two-hundred day simple moving average is $222.96. 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 announced its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.07. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The firm had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.91 billion. During the same period in the previous year, the business posted $1.75 EPS. The business’s quarterly 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. As a group, analysts expect that AMETEK, Inc. will post 8.13 EPS for the current fiscal year.

AMETEK Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, June 15th. AMETEK’s dividend payout ratio is presently 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.