Empirical Financial Services LLC d.b.a. Empirical Wealth Management Invests $589,000 in AMETEK, Inc. $AME

Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in AMETEK, Inc. (NYSE:AME) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,869 shares of the technology company’s stock, valued at approximately $589,000.

A number of other institutional investors have also modified their holdings of AME. Vanguard Group Inc. raised its holdings in AMETEK by 0.7% in the third quarter. Vanguard Group Inc. now owns 27,173,705 shares of the technology company’s stock valued at $5,108,657,000 after buying an additional 176,040 shares during the period. State Street Corp grew its stake in AMETEK by 1.3% during the third quarter. State Street Corp now owns 9,763,684 shares of the technology company’s stock worth $1,835,573,000 after buying an additional 126,381 shares during the period. Invesco Ltd. increased its position in shares of AMETEK by 4.9% in the third quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock worth $839,141,000 after acquiring an additional 209,043 shares in the last quarter. EdgePoint Investment Group Inc. increased its position in shares of AMETEK by 24.4% in the second quarter. EdgePoint Investment Group Inc. now owns 2,926,530 shares of the technology company’s stock worth $529,585,000 after acquiring an additional 573,191 shares in the last quarter. Finally, Lazard Asset Management LLC raised its stake in shares of AMETEK by 35.7% in the 3rd quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock valued at $497,444,000 after acquiring an additional 695,419 shares during the period. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Insider Activity

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

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Truist Financial set a $265.00 target price on shares of AMETEK in a report on Wednesday, February 4th. BMO Capital Markets assumed coverage on AMETEK in a research report on Friday, March 27th. They issued an “outperform” rating and a $253.00 price objective on the stock. Melius Research set a $235.00 price objective on AMETEK in a research note on Monday, January 5th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $257.00 target price on shares of AMETEK in a research report on Wednesday, February 4th. Finally, Barclays increased their target price on AMETEK from $210.00 to $220.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $244.67.

AMETEK Stock Performance

AMETEK stock opened at $218.19 on Friday. The stock has a market cap of $49.98 billion, a P/E ratio of 34.09, a price-to-earnings-growth ratio of 3.14 and a beta of 1.04. The company has a current ratio of 1.06, a quick ratio of 0.67 and a debt-to-equity ratio of 0.10. The stock has a 50 day moving average of $224.65 and a 200-day moving average of $206.90. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $242.05.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.94 by $0.07. The business had revenue of $2 billion during the quarter, compared to analyst estimates of $1.94 billion. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The business’s revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. On average, analysts expect that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Increases Dividend

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

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.