Sterling Capital Management LLC Lowers Stock Holdings in AMETEK, Inc. $AME

Sterling Capital Management LLC lessened its holdings in AMETEK, Inc. (NYSE:AME) by 19.0% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 19,912 shares of the technology company’s stock after selling 4,676 shares during the period. Sterling Capital Management LLC’s holdings in AMETEK were worth $4,268,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of AME. Value Partners Investments Inc. grew its position in shares of AMETEK by 5.1% during the first quarter. Value Partners Investments Inc. now owns 8,670 shares of the technology company’s stock worth $1,857,000 after purchasing an additional 420 shares in the last quarter. VCI Wealth Management LLC bought a new position in AMETEK in the 1st quarter worth approximately $2,352,000. GHP Investment Advisors Inc. boosted its stake in AMETEK by 2.0% in the 1st quarter. GHP Investment Advisors Inc. now owns 82,976 shares of the technology company’s stock worth $17,787,000 after purchasing an additional 1,648 shares during the period. OLD National Bancorp IN purchased a new stake in AMETEK during the 1st quarter valued at approximately $256,000. Finally, Louisiana State Employees Retirement System bought a new stake in shares of AMETEK during the first quarter valued at approximately $2,508,000. 87.43% of the stock is owned by institutional investors.

AMETEK Stock Performance

Shares of NYSE:AME opened at $237.65 on Friday. The firm has a fifty day simple moving average of $230.68 and a two-hundred day simple moving average of $223.07. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10. AMETEK, Inc. has a 52 week low of $174.43 and a 52 week high of $244.71. The stock has a market capitalization of $54.47 billion, a P/E ratio of 35.90, a PEG ratio of 3.33 and a beta of 1.00.

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, beating analysts’ consensus estimates of $1.90 by $0.07. The business had revenue of $1.93 billion for 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 company’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same period in the prior year, the business 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, analysts expect that AMETEK, Inc. will post 8.13 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a $0.34 dividend. The ex-dividend date 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 (DPR) is currently 20.54%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Royal Bank Of Canada upped their target price on shares of AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a research report on Friday, May 1st. DA Davidson reiterated a “buy” rating and issued a $265.00 price target on shares of AMETEK in a report on Monday, May 4th. Citigroup assumed coverage on shares of AMETEK in a research note on Monday, June 15th. They issued a “neutral” rating and a $257.00 price target on the stock. BMO Capital Markets initiated coverage on AMETEK in a research note on Friday, March 27th. They set an “outperform” rating and a $253.00 price target for the company. Finally, Barclays raised their price target on AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, AMETEK currently has a consensus rating of “Moderate Buy” and an average target price of $253.57.

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.