Fairvoy Private Wealth LLC Sells 2,794 Shares of AMETEK, Inc. $AME

Fairvoy Private Wealth LLC trimmed its stake in AMETEK, Inc. (NYSE:AME) by 19.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,688 shares of the technology company’s stock after selling 2,794 shares during the quarter. Fairvoy Private Wealth LLC’s holdings in AMETEK were worth $2,506,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AME. Kestra Private Wealth Services LLC grew its stake in shares of AMETEK by 84.7% in the 1st quarter. Kestra Private Wealth Services LLC now owns 4,475 shares of the technology company’s stock valued at $959,000 after buying an additional 2,052 shares during the period. Fifth Third Wealth Advisors LLC increased its position in AMETEK by 12.5% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,226 shares of the technology company’s stock valued at $477,000 after buying an additional 247 shares in the last quarter. Brown Lisle Cummings Inc. raised its stake in AMETEK by 878.6% during the 1st quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after buying an additional 123 shares during the period. OP Asset Management Ltd bought a new position in AMETEK in the first quarter worth approximately $10,687,000. Finally, Banque Cantonale Vaudoise boosted its holdings in AMETEK by 924.6% in the first quarter. Banque Cantonale Vaudoise now owns 3,750 shares of the technology company’s stock worth $804,000 after acquiring an additional 3,384 shares in the last quarter. 87.43% of the stock is owned by institutional investors.

AMETEK Stock Up 2.3%

AME stock opened at $240.76 on Friday. The stock’s fifty day simple moving average is $230.53 and its two-hundred day simple moving average is $222.96. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10. AMETEK, Inc. has a 1-year low of $174.43 and a 1-year high of $244.71. The stock has a market cap of $55.18 billion, a P/E ratio of 36.37, a P/E/G ratio of 3.30 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 firm had revenue of $1.93 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the firm 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. Analysts expect that AMETEK, Inc. will post 8.13 EPS for the current year.

AMETEK Announces Dividend

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. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, June 15th. AMETEK’s dividend payout ratio (DPR) is 20.54%.

Analyst Ratings Changes

Several equities research analysts have recently commented on AME shares. DA Davidson restated a “buy” rating and set a $265.00 price objective on shares of AMETEK in a report on Monday, May 4th. Truist Financial reiterated a “buy” rating and issued a $275.00 target price (up from $265.00) on shares of AMETEK in a report on Monday, May 4th. Citigroup started coverage on shares of AMETEK in a research report on Monday, June 15th. They issued a “neutral” rating and a $257.00 price target for the company. Royal Bank Of Canada boosted their price target on shares of AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. Finally, BMO Capital Markets assumed coverage on shares of AMETEK in a report on Friday, March 27th. They set an “outperform” rating and a $253.00 price objective 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 stock. Based on data from MarketBeat, the company presently has an average 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.