Marks Group Wealth Management Inc Has $8.58 Million Stake in AMETEK, Inc. $AME

Marks Group Wealth Management Inc trimmed its holdings in shares of AMETEK, Inc. (NYSE:AME) by 11.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,800 shares of the technology company’s stock after selling 5,235 shares during the quarter. AMETEK comprises 0.8% of Marks Group Wealth Management Inc’s portfolio, making the stock its 28th biggest holding. Marks Group Wealth Management Inc’s holdings in AMETEK were worth $8,582,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. increased its position in AMETEK by 0.7% during the third quarter. Vanguard Group Inc. now owns 27,173,705 shares of the technology company’s stock worth $5,108,657,000 after buying an additional 176,040 shares during the last quarter. State Street Corp increased its position in AMETEK by 1.3% during the third quarter. State Street Corp now owns 9,763,684 shares of the technology company’s stock worth $1,835,573,000 after buying an additional 126,381 shares during the last quarter. Geode Capital Management LLC increased its position in AMETEK by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 5,891,236 shares of the technology company’s stock worth $1,204,722,000 after buying an additional 37,651 shares during the last quarter. Invesco Ltd. boosted its holdings in AMETEK by 4.9% during the third quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock valued at $839,141,000 after acquiring an additional 209,043 shares during the period. Finally, Norges Bank bought a new stake in AMETEK during the fourth quarter valued at about $831,372,000. 87.43% of the stock is owned by institutional investors and hedge funds.

AMETEK Stock Down 0.3%

NYSE AME opened at $225.95 on Tuesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.72 and a current ratio of 1.14. The firm has a 50-day simple moving average of $227.83 and a 200 day simple moving average of $219.62. AMETEK, Inc. has a twelve month low of $174.43 and a twelve month high of $243.18. The stock has a market cap of $51.79 billion, a PE ratio of 34.13, a PEG ratio of 3.18 and a beta of 1.00.

AMETEK (NYSE:AME) last released 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. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The business had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.91 billion. During the same quarter last year, the company earned $1.75 earnings per share. The firm’s 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. On average, research analysts forecast that AMETEK, Inc. will post 8.13 EPS 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 paid a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Monday, June 15th. AMETEK’s dividend payout ratio (DPR) is presently 20.54%.

Insider Buying and Selling at AMETEK

In related news, Director Thomas A. Amato sold 530 shares of the stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total value of $114,893.40. Following the completion of the sale, the director owned 4,480 shares in the company, valued at approximately $971,174.40. This trade represents a 10.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

AME has been the subject of a number of recent analyst reports. Wall Street Zen cut shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Royal Bank Of Canada upped their price target on shares of AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a report on Friday, May 1st. BMO Capital Markets initiated coverage on shares of AMETEK in a report on Friday, March 27th. They set an “outperform” rating and a $253.00 price target for the company. Robert W. Baird set a $244.00 price target on shares of AMETEK in a report on Friday, May 1st. Finally, Mizuho set a $270.00 price target on shares of AMETEK in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, AMETEK presently has an average rating of “Moderate Buy” and a consensus target price of $252.33.

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.