Fifth Third Bancorp Boosts Position in AMETEK, Inc. $AME

Fifth Third Bancorp lifted its holdings in AMETEK, Inc. (NYSE:AME) by 1,060.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 82,948 shares of the technology company’s stock after buying an additional 75,799 shares during the period. Fifth Third Bancorp’s holdings in AMETEK were worth $17,781,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in AME. Captrust Financial Advisors boosted its holdings in shares of AMETEK by 3.1% in the third quarter. Captrust Financial Advisors now owns 268,096 shares of the technology company’s stock valued at $50,402,000 after acquiring an additional 8,101 shares during the period. Y.D. More Investments Ltd purchased a new position in shares of AMETEK during the fourth quarter worth approximately $1,653,000. Massachusetts Financial Services Co. MA increased its holdings in shares of AMETEK by 10.9% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 959,937 shares of the technology company’s stock valued at $197,085,000 after acquiring an additional 94,544 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in AMETEK by 6.2% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 487,238 shares of the technology company’s stock valued at $101,901,000 after purchasing an additional 28,621 shares during the last quarter. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new stake in AMETEK in the 4th quarter valued at $1,027,000. 87.43% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on AME shares. Royal Bank Of Canada boosted their price target on AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, May 1st. BMO Capital Markets assumed coverage on AMETEK in a research report on Friday, March 27th. They set an “outperform” rating and a $253.00 price objective for the company. Truist Financial lifted their target price on AMETEK from $275.00 to $303.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Wall Street Zen lowered AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Finally, Citigroup started coverage on AMETEK in a research note on Monday, June 15th. They set a “neutral” rating and a $257.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $256.29.

AMETEK Trading Down 0.8%

Shares of AMETEK stock opened at $232.05 on Tuesday. AMETEK, Inc. has a 12-month low of $174.43 and a 12-month high of $244.71. 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 stock has a market cap of $53.19 billion, a PE ratio of 35.05, a price-to-earnings-growth ratio of 3.28 and a beta of 0.99. The company has a 50-day moving average of $231.13 and a two-hundred day moving average of $225.76.

AMETEK (NYSE:AME) last posted its earnings results on Thursday, April 30th. The technology company reported $1.97 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 company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the previous year, the business earned $1.75 earnings per share. AMETEK’s quarterly 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, research analysts anticipate that AMETEK, Inc. will post 8.14 EPS for the current fiscal year.

AMETEK Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given 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.