First Growth Capital LLC Makes New Investment in AMETEK, Inc. $AME

First Growth Capital LLC purchased a new stake in AMETEK, Inc. (NYSE:AME) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 2,635 shares of the technology company’s stock, valued at approximately $541,000.

Other large investors also recently made changes to their positions in the company. Darwin Wealth Management LLC bought a new stake in shares of AMETEK in the 2nd quarter worth approximately $25,000. CoreCap Advisors LLC boosted its holdings in AMETEK by 84.3% during the fourth quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after buying an additional 59 shares in the last quarter. BOKF NA grew its position in AMETEK by 137.7% in the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after buying an additional 84 shares during the last quarter. Transamerica Financial Advisors LLC grew its position in AMETEK by 73.9% in the fourth quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock worth $31,000 after buying an additional 65 shares during the last quarter. Finally, Flagship Harbor Advisors LLC bought a new position in shares of AMETEK in the fourth quarter valued at $32,000. Institutional investors own 87.43% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Mizuho set a $270.00 price objective on AMETEK in a research report on Friday, May 1st. Wall Street Zen lowered AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Robert W. Baird set a $244.00 target price on AMETEK in a report on Friday, May 1st. BMO Capital Markets began coverage on AMETEK in a research report on Friday, March 27th. They issued an “outperform” rating and a $253.00 price target for the company. Finally, Citigroup started coverage on AMETEK in a research note on Monday. They issued a “neutral” rating and a $257.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $253.57.

Insiders Place Their Bets

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 value of $114,893.40. Following the completion of the sale, the director directly 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.54% of the company’s stock.

AMETEK Trading Up 2.6%

AMETEK stock opened at $237.27 on Friday. The company has a 50 day moving average price of $230.10 and a 200 day moving average price of $221.57. AMETEK, Inc. has a 52 week low of $174.43 and a 52 week high of $243.18. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.72 and a current ratio of 1.14. The firm has a market capitalization of $54.38 billion, a price-to-earnings ratio of 35.84, a P/E/G ratio of 3.24 and a beta of 1.00.

AMETEK (NYSE:AME) last announced its earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.07. The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The company’s revenue was up 11.3% on a year-over-year basis. During the same period in the previous year, the business earned $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. Research analysts forecast that AMETEK, Inc. will post 8.13 EPS for the current year.

AMETEK Dividend Announcement

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

About AMETEK

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.