AMETEK, Inc. to Issue Quarterly Dividend of $0.34 (NYSE:AME)

AMETEK, Inc. (NYSE:AME) announced a quarterly dividend on Friday, August 7th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.34 per share by the technology company on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 0.5%. The ex-dividend date is Tuesday, September 15th.

AMETEK has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 6 consecutive years. AMETEK has a dividend payout ratio of 17.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect AMETEK to earn $8.99 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 15.1%.

AMETEK Trading Up 1.0%

Shares of AME opened at $253.97 on Friday. AMETEK has a 52-week low of $179.24 and a 52-week high of $257.95. The business’s fifty day moving average is $236.09 and its 200-day moving average is $229.89. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.72 and a current ratio of 1.21. The firm has a market cap of $58.21 billion, a price-to-earnings ratio of 37.13, a PEG ratio of 3.21 and a beta of 0.98.

AMETEK (NYSE:AME) last announced its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, topping the consensus estimate of $1.99 by $0.10. The business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.AMETEK’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.78 EPS. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. Equities analysts anticipate that AMETEK will post 8.33 EPS for the current fiscal year.

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.