Sequoia Financial Advisors LLC Grows Holdings in AMETEK, Inc. $AME

Sequoia Financial Advisors LLC increased its position in shares of AMETEK, Inc. (NYSE:AME) by 44.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,701 shares of the technology company’s stock after purchasing an additional 2,676 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in AMETEK were worth $1,786,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Gateway Investment Advisers LLC boosted its position in AMETEK by 1.0% in the fourth quarter. Gateway Investment Advisers LLC now owns 8,718 shares of the technology company’s stock worth $1,790,000 after purchasing an additional 90 shares during the last quarter. Praxis Investment Management Inc. boosted its position in AMETEK by 39.8% in the fourth quarter. Praxis Investment Management Inc. now owns 7,484 shares of the technology company’s stock worth $1,537,000 after purchasing an additional 2,129 shares during the last quarter. Indivisible Partners purchased a new position in AMETEK in the fourth quarter valued at about $297,000. Swedbank AB boosted its stake in AMETEK by 0.7% in the fourth quarter. Swedbank AB now owns 82,444 shares of the technology company’s stock valued at $16,927,000 after acquiring an additional 552 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in AMETEK by 6.2% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 487,238 shares of the technology company’s stock valued at $101,901,000 after acquiring an additional 28,621 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. TD Cowen reiterated a “buy” rating on shares of AMETEK in a research note on Tuesday, February 3rd. Robert W. Baird set a $244.00 target price on shares of AMETEK in a research note on Friday, May 1st. BMO Capital Markets initiated coverage on shares of AMETEK in a research note on Friday, March 27th. They issued an “outperform” rating and a $253.00 target price on the stock. Truist Financial reaffirmed a “buy” rating and set a $275.00 price target (up from $265.00) on shares of AMETEK in a research report on Monday, May 4th. Finally, Barclays upped their price target on AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, AMETEK has an average rating of “Moderate Buy” and an average price target of $252.33.

AMETEK Stock Performance

Shares of AME stock opened at $232.11 on Tuesday. The stock has a market capitalization of $53.20 billion, a P/E ratio of 35.06, a PEG ratio of 3.26 and a beta of 1.03. 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 firm’s 50 day moving average is $225.63 and its 200 day moving average is $214.93. AMETEK, Inc. has a 12 month low of $174.43 and a 12 month high of $243.18.

AMETEK (NYSE:AME) last announced its quarterly earnings results 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 company had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.91 billion. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. AMETEK’s revenue was up 11.3% compared to the same quarter last year. 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. On average, sell-side analysts anticipate that AMETEK, Inc. will post 8.12 earnings per share for the current year.

AMETEK Dividend Announcement

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

Insider Transactions at AMETEK

In related news, Director Thomas A. Amato sold 530 shares of the stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total transaction of $114,893.40. Following the sale, the director owned 4,480 shares of the company’s stock, 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 is accessible through this hyperlink. Company insiders own 0.54% of the company’s stock.

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.