Cynosure Group LLC Acquires New Position in AMETEK, Inc. $AME

Cynosure Group LLC acquired a new stake in AMETEK, Inc. (NYSE:AME) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 2,427 shares of the technology company’s stock, valued at approximately $498,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AME. Captrust Financial Advisors grew its holdings in shares of AMETEK by 3.1% during the third quarter. Captrust Financial Advisors now owns 268,096 shares of the technology company’s stock valued at $50,402,000 after purchasing an additional 8,101 shares during the last quarter. Y.D. More Investments Ltd bought a new position in shares of AMETEK during the fourth quarter valued at approximately $1,653,000. Massachusetts Financial Services Co. MA grew its holdings in shares of AMETEK by 10.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 959,937 shares of the technology company’s stock valued at $197,085,000 after purchasing an additional 94,544 shares during the last quarter. MAI Capital Management grew its holdings in shares of AMETEK by 33.8% during the third quarter. MAI Capital Management now owns 18,403 shares of the technology company’s stock valued at $3,460,000 after purchasing an additional 4,648 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of AMETEK by 6.2% during 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 purchasing an additional 28,621 shares during the last quarter. 87.43% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Robert W. Baird set a $244.00 target price on AMETEK in a report on Friday, May 1st. Weiss Ratings lowered AMETEK from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Citigroup assumed coverage on AMETEK in a report on Monday. They set a “neutral” rating and a $257.00 target price for the company. Mizuho set a $270.00 target price on AMETEK in a report on Friday, May 1st. Finally, Royal Bank Of Canada upped their target price on AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, AMETEK has an average rating of “Moderate Buy” and an average target price of $252.69.

AMETEK Stock Performance

Shares of NYSE AME opened at $232.19 on Wednesday. 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 stock has a 50 day simple moving average of $229.45 and a 200-day simple moving average of $221.05. The company has a market cap of $53.22 billion, a PE ratio of 35.07, a P/E/G ratio of 3.23 and a beta of 1.00. AMETEK, Inc. has a 12-month low of $174.43 and a 12-month high of $243.18.

AMETEK (NYSE:AME) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) 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 revenue was up 11.3% on a year-over-year basis. During the same period in the previous year, the firm posted $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. On average, equities research analysts forecast that AMETEK, Inc. will post 8.13 EPS for the current year.

AMETEK Dividend Announcement

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

Insider Activity

In other news, Director Thomas A. Amato sold 530 shares of the business’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 in the company, valued at approximately $971,174.40. The trade was a 10.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate 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.