Assenagon Asset Management S.A. grew its stake in shares of AMETEK, Inc. (NYSE:AME – Free Report) by 139.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 510,728 shares of the technology company’s stock after purchasing an additional 297,052 shares during the period. Assenagon Asset Management S.A. owned approximately 0.22% of AMETEK worth $104,858,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Darwin Wealth Management LLC purchased a new stake in AMETEK during the second quarter worth about $25,000. TruNorth Capital Management LLC purchased a new stake in shares of AMETEK during the 3rd quarter worth approximately $31,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of AMETEK during the 3rd quarter worth approximately $39,000. Sound Income Strategies LLC grew its holdings in shares of AMETEK by 4,420.0% in the 3rd quarter. Sound Income Strategies LLC now owns 226 shares of the technology company’s stock worth $41,000 after acquiring an additional 221 shares during the period. Finally, Westside Investment Management Inc. raised its holdings in AMETEK by 100.0% during the third quarter. Westside Investment Management Inc. now owns 224 shares of the technology company’s stock worth $42,000 after purchasing an additional 112 shares during the last quarter. 87.43% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts have commented on AME shares. Oppenheimer downgraded AMETEK from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 27th. Wall Street Zen raised AMETEK from a “hold” rating to a “buy” rating in a research note on Sunday, February 22nd. DA Davidson reiterated a “buy” rating and issued a $240.00 price objective on shares of AMETEK in a research report on Wednesday, February 4th. Mizuho set a $235.00 price objective on shares of AMETEK in a research note on Wednesday, February 4th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $244.82.
AMETEK Stock Performance
NYSE AME opened at $212.76 on Tuesday. 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, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $242.05. The business has a fifty day moving average of $224.96 and a 200-day moving average of $205.39. The stock has a market cap of $48.74 billion, a price-to-earnings ratio of 33.24, a price-to-earnings-growth ratio of 2.99 and a beta of 1.02.
AMETEK (NYSE:AME – Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $1.94 billion. During the same quarter 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. As a group, analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.
AMETEK Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. This is a boost from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date is Monday, March 16th. AMETEK’s payout ratio is presently 21.25%.
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.
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