Janney Montgomery Scott LLC Acquires 34,249 Shares of AMETEK, Inc. $AME

Janney Montgomery Scott LLC boosted its holdings in AMETEK, Inc. (NYSE:AME) by 69.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 83,757 shares of the technology company’s stock after purchasing an additional 34,249 shares during the period. Janney Montgomery Scott LLC’s holdings in AMETEK were worth $17,954,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Sivia Capital Partners LLC bought a new position in shares of AMETEK in the 2nd quarter valued at about $295,000. Baird Financial Group Inc. raised its holdings in AMETEK by 16.1% during the second quarter. Baird Financial Group Inc. now owns 16,784 shares of the technology company’s stock worth $3,037,000 after acquiring an additional 2,323 shares in the last quarter. NewEdge Advisors LLC boosted its position in AMETEK by 65.0% during the second quarter. NewEdge Advisors LLC now owns 3,946 shares of the technology company’s stock valued at $714,000 after purchasing an additional 1,555 shares during the last quarter. Sei Investments Co. grew its stake in AMETEK by 38.2% in the second quarter. Sei Investments Co. now owns 223,227 shares of the technology company’s stock valued at $40,392,000 after purchasing an additional 61,672 shares in the last quarter. Finally, Squarepoint Ops LLC increased its position in shares of AMETEK by 105.3% during the 2nd quarter. Squarepoint Ops LLC now owns 158,274 shares of the technology company’s stock worth $28,641,000 after purchasing an additional 81,178 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

AMETEK Trading Up 1.8%

AME stock opened at $241.99 on Wednesday. AMETEK, Inc. has a one year low of $174.43 and a one year high of $244.71. The stock has a market cap of $55.46 billion, a price-to-earnings ratio of 36.55, a price-to-earnings-growth ratio of 3.33 and a beta of 1.00. The company has a fifty day moving average price of $230.93 and a two-hundred day moving average price of $223.82. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.72.

AMETEK (NYSE:AME) last issued its quarterly earnings data 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 for the quarter, compared to analyst estimates of $1.91 billion. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The company’s revenue was up 11.3% on a year-over-year basis. During the same period in the prior 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. Equities analysts anticipate that AMETEK, Inc. will post 8.13 EPS for the current year.

AMETEK Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Monday, June 15th. AMETEK’s dividend payout ratio is currently 20.54%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on AME shares. DA Davidson reiterated a “buy” rating and set a $265.00 price objective on shares of AMETEK in a research note on Monday, May 4th. Weiss Ratings upgraded shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday. Morgan Stanley upped their price target on shares of AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 12th. Royal Bank Of Canada increased their price target on shares of AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. Finally, Barclays boosted their price objective on shares of AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $253.57.

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.