AMETEK, Inc. Plans Quarterly Dividend of $0.34 (NYSE:AME)

AMETEK, Inc. (NYSE:AME) announced a quarterly dividend on Friday, August 7th. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.34 per share by the technology company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 15th.

AMETEK has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 6 consecutive years. AMETEK has a dividend payout ratio of 17.9% meaning its dividend is sufficiently covered by earnings. Equities analysts expect AMETEK to earn $8.91 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 15.3%.

AMETEK Stock Up 1.0%

NYSE:AME traded up $2.59 on Friday, hitting $253.97. 1,001,478 shares of the company’s stock traded hands, compared to its average volume of 1,283,171. The company has a market cap of $58.21 billion, a PE ratio of 37.13, a price-to-earnings-growth ratio of 3.43 and a beta of 0.98. AMETEK has a 1 year low of $179.24 and a 1 year high of $257.95. The company has a current ratio of 1.21, a quick ratio of 0.72 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average price of $235.53 and a 200-day moving average price of $229.72.

AMETEK (NYSE:AME) last posted its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.99 by $0.10. The business had revenue of $2.04 billion during the quarter, compared to analyst estimates of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The firm’s revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.78 earnings per share. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. Equities analysts anticipate that AMETEK will post 8.29 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on AME shares. TD Cowen reaffirmed a “buy” rating on shares of AMETEK in a research report on Thursday. DA Davidson boosted their price objective on shares of AMETEK from $265.00 to $285.00 and gave the stock a “buy” rating in a research note on Wednesday. Barclays upped their price objective on shares of AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Rothschild & Co Redburn set a $265.00 target price on shares of AMETEK in a report on Thursday, June 18th. Finally, Truist Financial boosted their target price on shares of AMETEK from $303.00 to $316.00 and gave the stock a “buy” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $266.80.

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.