AMETEK, Inc. $AME Shares Acquired by Renaissance Technologies LLC

Renaissance Technologies LLC increased its holdings in AMETEK, Inc. (NYSE:AME) by 98.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 306,150 shares of the technology company’s stock after buying an additional 151,500 shares during the period. Renaissance Technologies LLC’s holdings in AMETEK were worth $65,626,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of AMETEK in the fourth quarter valued at about $831,372,000. Wellington Management Group LLP increased its stake in shares of AMETEK by 302.9% during the 4th quarter. Wellington Management Group LLP now owns 2,807,664 shares of the technology company’s stock worth $576,441,000 after purchasing an additional 2,110,818 shares in the last quarter. Balyasny Asset Management L.P. raised its position in shares of AMETEK by 539.2% during the 4th quarter. Balyasny Asset Management L.P. now owns 1,070,555 shares of the technology company’s stock worth $219,796,000 after purchasing an additional 903,061 shares during the last quarter. Lazard Asset Management LLC raised its position in shares of AMETEK by 35.7% during the 3rd quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock worth $497,444,000 after purchasing an additional 695,419 shares during the last quarter. Finally, Man Group plc lifted its stake in AMETEK by 411.8% in the 3rd quarter. Man Group plc now owns 785,020 shares of the technology company’s stock valued at $147,584,000 after buying an additional 631,649 shares in the last quarter. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AME has been the subject of several recent research reports. Rothschild & Co Redburn set a $265.00 price target on AMETEK in a research report on Thursday, June 18th. Morgan Stanley lifted their price objective on AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Friday, July 10th. DA Davidson reissued a “buy” rating and issued a $265.00 target price on shares of AMETEK in a research note on Monday, May 4th. Weiss Ratings upgraded shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, June 29th. Finally, Wall Street Zen cut shares of AMETEK from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $256.29.

AMETEK Trading Up 0.1%

Shares of AMETEK stock opened at $242.10 on Monday. AMETEK, Inc. has a fifty-two week low of $175.61 and a fifty-two week high of $244.71. The business’s fifty day moving average is $231.91 and its two-hundred day moving average is $227.62. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10. The firm has a market cap of $55.49 billion, a PE ratio of 36.57, a P/E/G ratio of 3.39 and a beta of 0.99.

AMETEK (NYSE:AME) last announced its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, beating analysts’ consensus estimates 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 revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.75 earnings per share. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. Analysts anticipate that AMETEK, Inc. will post 8.14 earnings per share for the current year.

AMETEK Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a $0.34 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.36 annualized dividend and a yield of 0.6%. AMETEK’s payout ratio is 20.54%.

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.