Fortis Capital Advisors LLC Purchases New Shares in AMETEK, Inc. $AME

Fortis Capital Advisors LLC purchased a new position in shares of AMETEK, Inc. (NYSE:AME) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 4,151 shares of the technology company’s stock, valued at approximately $852,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Fort Washington Investment Advisors Inc. OH raised its stake in shares of AMETEK by 2.9% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 1,816 shares of the technology company’s stock worth $373,000 after acquiring an additional 51 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of AMETEK by 2.0% in the third quarter. Parallel Advisors LLC now owns 2,766 shares of the technology company’s stock valued at $520,000 after purchasing an additional 53 shares in the last quarter. Biltmore Wealth Management LLC increased its holdings in shares of AMETEK by 1.1% in the third quarter. Biltmore Wealth Management LLC now owns 4,771 shares of the technology company’s stock valued at $897,000 after purchasing an additional 54 shares in the last quarter. Brooklyn Investment Group raised its position in AMETEK by 3.2% in the 3rd quarter. Brooklyn Investment Group now owns 1,735 shares of the technology company’s stock worth $326,000 after purchasing an additional 54 shares during the last quarter. Finally, Cim LLC lifted its holdings in AMETEK by 0.7% during the 3rd quarter. Cim LLC now owns 7,645 shares of the technology company’s stock worth $1,437,000 after buying an additional 56 shares in the last quarter. Institutional investors own 87.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. DA Davidson reissued a “buy” rating and issued a $240.00 target price on shares of AMETEK in a research note on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft assumed coverage on AMETEK in a research note on Wednesday, January 21st. They set a “buy” rating and a $271.00 price target on the stock. Melius Research set a $235.00 price objective on AMETEK in a research report on Monday, January 5th. Oppenheimer cut AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. Finally, Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $244.67.

AMETEK Stock Performance

Shares of NYSE:AME opened at $236.58 on Tuesday. The firm’s 50 day simple moving average is $225.52 and its 200 day simple moving average is $210.42. AMETEK, Inc. has a fifty-two week low of $153.73 and a fifty-two week high of $242.05. The company has a market capitalization of $54.19 billion, a price-to-earnings ratio of 36.97, a P/E/G ratio of 3.39 and a beta of 1.04. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 0.67.

AMETEK (NYSE:AME) last issued its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.94 by $0.07. The firm had revenue of $2 billion during the quarter, compared to analysts’ expectations of $1.94 billion. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The business’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.87 earnings per share. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. As a group, sell-side analysts forecast that AMETEK, Inc. will post 8.04 earnings per share for the current year.

AMETEK Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were given a $0.34 dividend. The ex-dividend date was Monday, March 16th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. This is an increase from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s dividend payout ratio is currently 21.25%.

Insider Buying and Selling

In related news, Director Thomas A. Amato sold 530 shares of the firm’s stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total transaction of $114,893.40. Following the sale, the director owned 4,480 shares of the company’s stock, valued at approximately $971,174.40. This trade represents a 10.58% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.54% of the company’s stock.

About AMETEK

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.