AMETEK, Inc. $AME Stake Boosted by Gibbs Wealth Management

Gibbs Wealth Management lifted its stake in shares of AMETEK, Inc. (NYSE:AME) by 74.5% during the first quarter, Holdings Channel reports. The firm owned 8,581 shares of the technology company’s stock after buying an additional 3,664 shares during the period. Gibbs Wealth Management’s holdings in AMETEK were worth $1,839,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Darwin Wealth Management LLC bought a new position in AMETEK during the 2nd quarter worth $25,000. CoreCap Advisors LLC boosted its holdings 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 acquiring an additional 59 shares during the period. MV Capital Management Inc. acquired a new position in shares of AMETEK during the fourth quarter valued at $28,000. Brown Lisle Cummings Inc. grew its position in shares of AMETEK by 878.6% during the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after acquiring an additional 123 shares during the last quarter. Finally, BOKF NA grew its position in shares of AMETEK by 137.7% during the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after acquiring an additional 84 shares during the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on AME. Rothschild & Co Redburn set a $265.00 target price on shares of AMETEK in a research note on Thursday, June 18th. Citigroup assumed coverage on shares of AMETEK in a research note on Monday, June 15th. They issued a “neutral” rating and a $257.00 price target on the stock. Mizuho set a $270.00 price objective on AMETEK in a report on Friday, May 1st. BMO Capital Markets assumed coverage on AMETEK in a research report on Friday, March 27th. They issued an “outperform” rating and a $253.00 target price on the stock. Finally, Wall Street Zen lowered AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $256.29.

AMETEK Trading Up 1.7%

Shares of NYSE:AME opened at $241.01 on Friday. The company has a 50 day moving average of $231.62 and a 200-day moving average of $227.40. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10. The firm has a market cap of $55.24 billion, a P/E ratio of 36.41, a P/E/G ratio of 3.32 and a beta of 0.99. AMETEK, Inc. has a twelve month low of $175.61 and a twelve month high of $244.71.

AMETEK (NYSE:AME) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $1.91 billion. During the same quarter last year, the business earned $1.75 earnings per share. The business’s revenue for the quarter 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. As a group, analysts anticipate that AMETEK, Inc. will post 8.14 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, June 15th. AMETEK’s payout ratio 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.