Y Intercept Hong Kong Ltd Buys Shares of 33,744 AMETEK, Inc. $AME

Y Intercept Hong Kong Ltd bought a new position in AMETEK, Inc. (NYSE:AME) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 33,744 shares of the technology company’s stock, valued at approximately $7,233,000.

Other large investors also recently made changes to their positions in the company. CoreCap Advisors LLC grew its holdings in AMETEK by 84.3% in the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after buying an additional 59 shares in the last quarter. MV Capital Management Inc. bought a new stake in AMETEK during the 4th quarter valued at $28,000. Brown Lisle Cummings Inc. boosted its position in AMETEK by 878.6% during the 1st quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after acquiring an additional 123 shares during the period. Darwin Wealth Management LLC acquired a new position in AMETEK during the 2nd quarter worth $25,000. Finally, SJS Investment Consulting Inc. grew its stake in shares of AMETEK by 393.1% in 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 in the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. BMO Capital Markets started coverage on shares of AMETEK in a research note on Friday, March 27th. They set an “outperform” rating and a $253.00 price objective on the stock. Weiss Ratings upgraded shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday. Truist Financial boosted their price target on shares of AMETEK from $275.00 to $303.00 and gave the stock a “buy” rating in a research report on Thursday. Rothschild & Co Redburn set a $265.00 price target on shares of AMETEK in a research note on Thursday, June 18th. Finally, Mizuho set a $270.00 price objective on shares of AMETEK in a report on Friday, May 1st. One 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 MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $255.57.

AMETEK Stock Up 0.0%

AME opened at $234.66 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.72 and a current ratio of 1.14. The company has a market capitalization of $53.78 billion, a PE ratio of 35.45, a P/E/G ratio of 3.29 and a beta of 0.99. The stock’s fifty day moving average is $231.05 and its 200-day moving average is $224.36. AMETEK, Inc. has a one year low of $174.43 and a one year high of $244.71.

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. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The business had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.91 billion. During the same quarter last year, the business posted $1.75 earnings per share. The company’s quarterly revenue was up 11.3% on a year-over-year basis. 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, equities analysts predict that AMETEK, Inc. will post 8.13 EPS for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $0.34 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. 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.