Shares of AMETEK, Inc. (NYSE:AME – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $240.40 and last traded at $238.54, with a volume of 332020 shares changing hands. The stock had previously closed at $239.22.
Wall Street Analyst Weigh In
Several research firms have weighed in on AME. Melius Research set a $235.00 target price on AMETEK in a research note on Monday, January 5th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $257.00 target price on shares of AMETEK in a report on Wednesday, February 4th. Mizuho set a $235.00 price objective on shares of AMETEK in a research report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of AMETEK in a report on Wednesday, January 21st. They set a “buy” rating and a $271.00 target price on the stock. Finally, Barclays increased their price target on shares of AMETEK from $210.00 to $220.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $243.00.
Check Out Our Latest Research Report on AME
AMETEK Stock Up 0.9%
AMETEK (NYSE:AME – Get Free Report) last released its earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, topping 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 company had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the previous year, the firm earned $1.87 EPS. AMETEK’s revenue was up 13.4% compared to the same quarter last year. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. On average, equities analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.
AMETEK Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, March 16th. This is a positive change from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s dividend payout ratio (DPR) is presently 19.38%.
Insider Activity at AMETEK
In related news, VP Thomas M. Montgomery sold 6,388 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at approximately $4,534,885.80. This trade represents a 22.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO David A. Zapico sold 28,390 shares of AMETEK stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $201.76, for a total transaction of $5,727,966.40. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 49,088 shares of company stock worth $9,930,020. Company insiders own 0.57% of the company’s stock.
Institutional Trading of AMETEK
Several hedge funds and other institutional investors have recently made changes to their positions in AME. Darwin Wealth Management LLC acquired a new stake in shares of AMETEK in the 2nd quarter worth approximately $25,000. CoreCap Advisors LLC lifted its stake in shares of AMETEK by 84.3% during the fourth quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after purchasing an additional 59 shares in the last quarter. MV Capital Management Inc. purchased a new position in AMETEK in the 4th quarter worth approximately $28,000. BOKF NA grew its holdings in AMETEK by 137.7% during the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after purchasing an additional 84 shares in the last quarter. Finally, NewSquare Capital LLC lifted its stake in shares of AMETEK by 129.7% in the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock worth $31,000 after acquiring an additional 96 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.
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.
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