AMETEK, Inc. $AME Shares Purchased by SummitTX Capital L.P.

SummitTX Capital L.P. boosted its position in shares of AMETEK, Inc. (NYSE:AME) by 68.6% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 34,106 shares of the technology company’s stock after acquiring an additional 13,877 shares during the quarter. SummitTX Capital L.P.’s holdings in AMETEK were worth $7,311,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Lazard Asset Management LLC boosted its position in AMETEK by 4.6% in the first quarter. Lazard Asset Management LLC now owns 1,618,526 shares of the technology company’s stock valued at $346,947,000 after buying an additional 70,693 shares during the last quarter. Family Manage LLC purchased a new position in AMETEK during the 1st quarter worth approximately $2,057,000. OMERS ADMINISTRATION Corp lifted its stake in AMETEK by 125.2% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 18,598 shares of the technology company’s stock valued at $3,987,000 after acquiring an additional 10,338 shares during the period. Lombard Odier Asset Management Switzerland SA acquired a new stake in AMETEK during the 1st quarter valued at approximately $1,989,000. Finally, Aristotle Atlantic Partners LLC boosted its holdings in shares of AMETEK by 4.4% in the 1st quarter. Aristotle Atlantic Partners LLC now owns 243,656 shares of the technology company’s stock valued at $52,230,000 after acquiring an additional 10,181 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Stock Performance

AME opened at $242.10 on Monday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.72. The firm has a fifty day moving average price of $231.91 and a 200 day moving average price of $227.62. AMETEK, Inc. has a 1 year low of $175.61 and a 1 year high of $244.71. The stock has a market cap of $55.49 billion, a P/E ratio of 36.57, a P/E/G ratio of 3.39 and a beta of 0.99.

AMETEK (NYSE:AME) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, beating the consensus estimate of $1.90 by $0.07. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The company had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same quarter last year, the business earned $1.75 earnings per share. The firm’s revenue was up 11.3% on a year-over-year basis. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. Equities research analysts anticipate that AMETEK, Inc. will post 8.14 earnings per share for the current year.

AMETEK Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a dividend of $0.34 per share. The ex-dividend date was Monday, June 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is 20.54%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on AME shares. Robert W. Baird set a $244.00 target price on shares of AMETEK in a report on Friday, May 1st. Wall Street Zen lowered shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Barclays increased their price target on AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. DA Davidson reiterated a “buy” rating and set a $265.00 price objective on shares of AMETEK in a research note on Monday, May 4th. Finally, Weiss Ratings upgraded AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $256.29.

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.