2,313 Shares in AMETEK, Inc. $AME Bought by First Financial Bankshares Inc

First Financial Bankshares Inc acquired a new stake in shares of AMETEK, Inc. (NYSE:AME) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,313 shares of the technology company’s stock, valued at approximately $435,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AME. Darwin Wealth Management LLC purchased a new position in AMETEK during the 2nd quarter valued at about $25,000. NewSquare Capital LLC boosted its stake in AMETEK by 129.7% in the 2nd quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock worth $31,000 after purchasing an additional 96 shares in the last quarter. TruNorth Capital Management LLC purchased a new stake in AMETEK during the 3rd quarter valued at about $31,000. SouthState Corp increased its stake in AMETEK by 47.4% during the 2nd quarter. SouthState Corp now owns 202 shares of the technology company’s stock valued at $37,000 after purchasing an additional 65 shares in the last quarter. Finally, AdvisorShares Investments LLC purchased a new position in AMETEK in the second quarter worth about $39,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at AMETEK

In related news, VP Thomas M. Montgomery sold 6,388 shares of the stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the completion of the sale, the vice president owned 22,116 shares of the company’s stock, valued at $4,534,885.80. This represents a 22.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO David A. Zapico sold 28,390 shares of AMETEK stock in a transaction on Friday, December 12th. The stock was sold at an average price of $201.76, for a total transaction of $5,727,966.40. The disclosure for this sale is available in the SEC filing. Insiders sold 49,088 shares of company stock valued at $9,930,020 over the last 90 days. Insiders own 0.57% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Oppenheimer cut shares of AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. Melius Research set a $235.00 target price on AMETEK in a research note on Monday, January 5th. Truist Financial set a $265.00 price target on AMETEK in a research note on Wednesday, February 4th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $257.00 price target on shares of AMETEK in a report on Wednesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft began coverage on AMETEK in a report on Wednesday, January 21st. They issued a “buy” rating and a $271.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, AMETEK has a consensus rating of “Moderate Buy” and an average target price of $243.00.

AMETEK Stock Performance

AMETEK stock opened at $236.59 on Wednesday. The company’s 50-day moving average price is $218.89 and its 200-day moving average price is $200.20. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $239.94. The company has a market cap of $54.18 billion, a PE ratio of 36.97, a price-to-earnings-growth ratio of 3.31 and a beta of 1.03. The company has a quick ratio of 0.67, a current ratio of 1.06 and a debt-to-equity ratio of 0.10.

AMETEK (NYSE:AME) last released its earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.07. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The business had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same period last year, the company earned $1.87 earnings per share. The business’s revenue for the quarter was up 13.4% compared to the same quarter last year. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. On average, equities research analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be paid a dividend of $0.34 per share. This is a boost from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date is Monday, March 16th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is presently 19.38%.

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.