Candriam S.C.A. Acquires 3,487 Shares of AMETEK, Inc. $AME

Candriam S.C.A. boosted its stake in shares of AMETEK, Inc. (NYSE:AME) by 23.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,422 shares of the technology company’s stock after purchasing an additional 3,487 shares during the quarter. Candriam S.C.A.’s holdings in AMETEK were worth $3,949,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Darwin Wealth Management LLC acquired a new position in AMETEK in the 2nd quarter valued at approximately $25,000. CoreCap Advisors LLC increased its position in shares of AMETEK by 84.3% during the fourth quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock valued at $26,000 after purchasing an additional 59 shares during the period. MV Capital Management Inc. acquired a new position in shares of AMETEK in the fourth quarter valued at $28,000. Brown Lisle Cummings Inc. lifted its position in AMETEK by 878.6% in the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after purchasing an additional 123 shares during the period. Finally, BOKF NA boosted its stake in AMETEK by 137.7% during the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after buying an additional 84 shares in the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AME. Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Robert W. Baird set a $244.00 price objective on AMETEK in a report on Friday, May 1st. DA Davidson reissued a “buy” rating and issued a $265.00 target price on shares of AMETEK in a report on Monday, May 4th. Rothschild & Co Redburn set a $265.00 price target on AMETEK in a research note on Thursday, June 18th. Finally, Barclays increased their target price on shares of AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $256.29.

AMETEK Trading Down 0.8%

Shares of NYSE AME opened at $232.05 on Tuesday. AMETEK, Inc. has a fifty-two week low of $174.43 and a fifty-two week high of $244.71. The firm has a market capitalization of $53.19 billion, a P/E ratio of 35.05, a P/E/G ratio of 3.28 and a beta of 0.99. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.72. The company’s 50 day simple moving average is $231.13 and its 200 day simple moving average is $225.76.

AMETEK (NYSE:AME) last issued its earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.07. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The firm had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.91 billion. During the same quarter last year, the business earned $1.75 earnings per share. The company’s revenue was up 11.3% compared to the same quarter last year. 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, analysts predict that AMETEK, Inc. will post 8.14 EPS for the current year.

AMETEK Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a $0.34 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 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.