ProShare Advisors LLC Raises Holdings in AMETEK, Inc. $AME

ProShare Advisors LLC boosted its position in AMETEK, Inc. (NYSE:AMEFree Report) by 7.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 45,257 shares of the technology company’s stock after buying an additional 3,152 shares during the period. ProShare Advisors LLC’s holdings in AMETEK were worth $9,292,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Darwin Wealth Management LLC purchased a new stake in AMETEK in the second quarter valued at approximately $25,000. CoreCap Advisors LLC boosted its position in AMETEK by 84.3% in the fourth quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock valued at $26,000 after buying an additional 59 shares during the last quarter. BOKF NA boosted its position in AMETEK by 137.7% in the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after buying an additional 84 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new stake in AMETEK in the fourth quarter valued at approximately $32,000. Finally, Grey Fox Wealth Advisors LLC purchased a new stake in AMETEK in the third quarter valued at approximately $39,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Trading Down 0.7%

Shares of NYSE:AME opened at $223.11 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $51.14 billion, a PE ratio of 33.70, a PEG ratio of 3.15 and a beta of 1.03. The business has a 50 day moving average of $224.96 and a two-hundred day moving average of $217.03. AMETEK, Inc. has a 12-month low of $174.43 and a 12-month high of $243.18.

AMETEK (NYSE:AMEGet Free Report) last announced its earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.07. The business had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.91 billion. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The business’s quarterly revenue was up 11.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.75 EPS. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. As a group, analysts forecast that AMETEK, Inc. will post 8.13 EPS for the current year.

AMETEK Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, June 15th. AMETEK’s dividend payout ratio is presently 20.54%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on AME. Robert W. Baird set a $244.00 target price on AMETEK in a research report on Friday, May 1st. Royal Bank Of Canada boosted their price target on AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a report on Friday, May 1st. Mizuho set a $270.00 price target on AMETEK in a report on Friday, May 1st. Oppenheimer downgraded AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. Finally, TD Cowen reissued a “buy” rating on shares of AMETEK in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $252.33.

Get Our Latest Analysis on AMETEK

Insider Buying and Selling at AMETEK

In other news, Director Thomas A. Amato sold 530 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the director directly owned 4,480 shares of the company’s stock, valued at $971,174.40. This represents a 10.58% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 0.54% of the stock is currently owned by insiders.

AMETEK Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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