Resources Management Corp CT ADV Acquires 5,356 Shares of AMETEK, Inc. $AME

Resources Management Corp CT ADV lifted its holdings in shares of AMETEK, Inc. (NYSE:AME) by 145.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,051 shares of the technology company’s stock after acquiring an additional 5,356 shares during the quarter. Resources Management Corp CT ADV’s holdings in AMETEK were worth $1,858,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in AME. Norges Bank acquired a new stake in AMETEK during the 4th quarter worth approximately $831,372,000. Nordea Investment Management AB lifted its holdings in AMETEK by 825.0% during the 4th quarter. Nordea Investment Management AB now owns 852,585 shares of the technology company’s stock worth $176,153,000 after purchasing an additional 760,410 shares during the last quarter. Lazard Asset Management LLC increased its stake in AMETEK by 35.7% during the 3rd quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock worth $497,444,000 after acquiring an additional 695,419 shares during the period. Man Group plc increased its stake in AMETEK by 411.8% during the 3rd quarter. Man Group plc now owns 785,020 shares of the technology company’s stock worth $147,584,000 after acquiring an additional 631,649 shares during the period. Finally, Westfield Capital Management Co. LP increased its stake in AMETEK by 151.0% during the 4th quarter. Westfield Capital Management Co. LP now owns 900,216 shares of the technology company’s stock worth $184,823,000 after acquiring an additional 541,556 shares during the period. 87.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Mizuho set a $270.00 price objective on AMETEK in a research note on Friday, May 1st. Weiss Ratings lowered AMETEK from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday. Royal Bank Of Canada raised their price objective on AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Robert W. Baird set a $244.00 price objective on AMETEK in a research note on Friday, May 1st. Finally, Morgan Stanley raised their price objective on AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 12th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $252.33.

AMETEK Trading Down 0.1%

NYSE AME opened at $226.97 on Monday. The business’s 50-day moving average price is $228.92 and its two-hundred day moving average price is $220.56. AMETEK, Inc. has a 12 month low of $174.43 and a 12 month high of $243.18. The firm has a market capitalization of $52.02 billion, a PE ratio of 34.29, a price-to-earnings-growth ratio of 3.19 and a beta of 1.00. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10.

AMETEK (NYSE:AME) last announced its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The firm’s revenue was up 11.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.75 EPS. 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, analysts expect that AMETEK, Inc. will post 8.13 EPS for the current year.

AMETEK Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Monday, June 15th. AMETEK’s dividend payout ratio is 20.54%.

Insiders Place Their Bets

In other news, Director Thomas A. Amato sold 530 shares of the stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total value of $114,893.40. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.54% of the company’s stock.

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.