Element Capital Management LLC Acquires New Shares in AMETEK, Inc. $AME

Element Capital Management LLC bought a new stake in AMETEK, Inc. (NYSE:AME) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,676 shares of the technology company’s stock, valued at approximately $503,000. AMETEK comprises 0.7% of Element Capital Management LLC’s portfolio, making the stock its 22nd largest position.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Darwin Wealth Management LLC bought a new stake in shares of AMETEK during the 2nd quarter valued at approximately $25,000. TruNorth Capital Management LLC bought a new position in AMETEK in the 3rd quarter valued at approximately $31,000. Grey Fox Wealth Advisors LLC acquired a new stake in AMETEK in the third quarter valued at approximately $39,000. Westside Investment Management Inc. boosted its position in AMETEK by 100.0% in the third quarter. Westside Investment Management Inc. now owns 224 shares of the technology company’s stock valued at $42,000 after buying an additional 112 shares in the last quarter. Finally, Sound Income Strategies LLC grew its stake in shares of AMETEK by 4,420.0% during the third quarter. Sound Income Strategies LLC now owns 226 shares of the technology company’s stock worth $41,000 after buying an additional 221 shares during the last quarter. Institutional investors own 87.43% of the company’s stock.

Insider Transactions at AMETEK

In other AMETEK 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 sale, the vice president owned 22,116 shares of the company’s stock, valued at approximately $4,534,885.80. This represents a 22.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Thomas C. Marecic sold 14,310 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the transaction, the insider owned 42,589 shares of the company’s stock, valued at approximately $8,607,662.79. The trade was a 25.15% decrease in their position. The SEC filing for this sale provides additional information. 0.57% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on AME shares. Mizuho set a $235.00 price target on AMETEK in a research note on Wednesday, February 4th. Truist Financial set a $265.00 price objective on AMETEK in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a report on Wednesday, January 21st. Morgan Stanley increased their target price on AMETEK from $215.00 to $235.00 and gave the company an “equal weight” rating in a research report on Thursday. Finally, KeyCorp lifted their price target on AMETEK from $235.00 to $260.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, AMETEK has a consensus rating of “Moderate Buy” and an average price target of $244.82.

AMETEK Price Performance

Shares of NYSE:AME opened at $214.35 on Friday. The firm has a market cap of $49.10 billion, a PE ratio of 33.49, a price-to-earnings-growth ratio of 3.07 and a beta of 1.02. The firm’s fifty day moving average is $224.77 and its 200-day moving average is $204.12. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.67 and a current ratio of 1.06. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $242.05.

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

AMETEK Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. This is a positive change from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date is Monday, March 16th. AMETEK’s dividend payout ratio is 21.25%.

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.