AMETEK, Inc. (AME) to Issue Quarterly Dividend of $0.34 on June 30th

AMETEK, Inc. (NYSE:AME) announced a quarterly dividend on Friday, May 8th. Shareholders of record on Monday, June 15th will be paid a dividend of 0.34 per share by the technology company on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, June 15th.

AMETEK has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 6 years. AMETEK has a dividend payout ratio of 17.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect AMETEK to earn $8.77 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 15.5%.

AMETEK Price Performance

Shares of AME opened at $232.17 on Friday. The company has a market cap of $53.21 billion, a price-to-earnings ratio of 35.07, a price-to-earnings-growth ratio of 3.26 and a beta of 1.03. AMETEK has a twelve month low of $170.95 and a twelve month high of $243.18. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10. The company has a 50 day moving average of $225.75 and a two-hundred day moving average of $214.31.

AMETEK (NYSE:AME) last announced 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. The company had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.91 billion. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. AMETEK’s revenue was up 11.3% compared to the same quarter last year. During the same period last year, the firm earned $1.75 earnings per share. 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 predict that AMETEK will post 8.12 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Thomas A. Amato sold 530 shares of the firm’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total transaction of $114,893.40. Following the completion of the transaction, the director owned 4,480 shares of the company’s stock, valued at $971,174.40. This trade represents a 10.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.54% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. CoreCap Advisors LLC raised 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 worth $26,000 after purchasing an additional 59 shares during the last quarter. MV Capital Management Inc. purchased a new position in shares of AMETEK during the fourth quarter worth $28,000. Brown Lisle Cummings Inc. raised its holdings 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 purchasing an additional 123 shares during the last quarter. Darwin Wealth Management LLC purchased a new position in shares of AMETEK during the second quarter worth $25,000. Finally, SJS Investment Consulting Inc. raised its holdings in shares of AMETEK by 393.1% during the first quarter. SJS Investment Consulting Inc. now owns 143 shares of the technology company’s stock worth $31,000 after purchasing an additional 114 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

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.