Universal Beteiligungs und Servicegesellschaft mbH lowered its stake in AMETEK, Inc. (NYSE:AME – Free Report) by 6.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 288,982 shares of the technology company’s stock after selling 18,907 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in AMETEK were worth $59,469,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently made changes to their positions in AME. Darwin Wealth Management LLC purchased a new stake in shares of AMETEK in the 2nd quarter worth approximately $25,000. CoreCap Advisors LLC lifted its position in AMETEK by 84.3% in the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock valued at $26,000 after acquiring an additional 59 shares in the last quarter. TruNorth Capital Management LLC bought a new position in AMETEK in the 3rd quarter valued at approximately $31,000. Flagship Harbor Advisors LLC bought a new position in AMETEK in the 4th quarter valued at approximately $32,000. Finally, Grey Fox Wealth Advisors LLC bought a new position in AMETEK in the 3rd quarter valued at approximately $39,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on AME shares. Wall Street Zen cut AMETEK from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. DA Davidson reaffirmed a “buy” rating and issued a $240.00 price objective on shares of AMETEK in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, January 21st. Barclays upped their price objective on AMETEK from $210.00 to $220.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $257.00 price objective on shares of AMETEK in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $244.67.
AMETEK Price Performance
NYSE AME opened at $230.48 on Thursday. The business’s fifty day moving average price is $225.43 and its 200-day moving average price is $210.91. The stock has a market capitalization of $52.80 billion, a price-to-earnings ratio of 36.01, a PEG ratio of 3.35 and a beta of 1.04. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 0.67. AMETEK, Inc. has a 1-year low of $161.50 and a 1-year high of $242.05.
AMETEK (NYSE:AME – Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.07. The firm had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.94 billion. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The company’s revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.87 EPS. 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 predict that AMETEK, Inc. will post 8.04 earnings per share for the current year.
AMETEK Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th were issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, March 16th. This is a positive change from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s payout ratio is currently 21.25%.
Insider Buying and Selling at AMETEK
In other news, Director Thomas A. Amato sold 530 shares of the stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total transaction of $114,893.40. Following the transaction, the director directly owned 4,480 shares of the company’s stock, valued at $971,174.40. This represents a 10.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.54% of the stock is owned by insiders.
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.
See Also
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