Janney Montgomery Scott LLC Has $17.95 Million Stock Position in AMETEK, Inc. $AME

Janney Montgomery Scott LLC boosted its position in shares of AMETEK, Inc. (NYSE:AME) by 69.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 83,757 shares of the technology company’s stock after purchasing an additional 34,249 shares during the period. Janney Montgomery Scott LLC’s holdings in AMETEK were worth $17,954,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Darwin Wealth Management LLC acquired a new position in AMETEK in the second quarter worth approximately $25,000. CoreCap Advisors LLC grew its position in AMETEK by 84.3% in the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after purchasing an additional 59 shares during the last quarter. MV Capital Management Inc. bought a new position in AMETEK during the fourth quarter valued at about $28,000. Brown Lisle Cummings Inc. raised its stake in shares of AMETEK by 878.6% in the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock valued at $29,000 after purchasing an additional 123 shares in the last quarter. Finally, BOKF NA raised its stake in shares of AMETEK by 137.7% in the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after buying an additional 84 shares in the last quarter. 87.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Truist Financial reissued 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. Barclays upped their price objective on shares of AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Monday, May 4th. Robert W. Baird set a $244.00 target price on AMETEK in a report on Friday, May 1st. Citigroup assumed coverage on shares of AMETEK in a report on Monday, June 15th. They issued a “neutral” rating and a $257.00 price target for the company. Finally, Royal Bank Of Canada lifted their price objective on AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a research report on Friday, May 1st. One investment 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. According to data from MarketBeat, AMETEK has a consensus rating of “Moderate Buy” and a consensus target price of $253.57.

AMETEK Trading Up 1.8%

NYSE:AME opened at $241.99 on Wednesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.72. AMETEK, Inc. has a fifty-two week low of $174.43 and a fifty-two week high of $244.71. The business’s 50-day simple moving average is $230.93 and its 200-day simple moving average is $223.82. The stock has a market capitalization of $55.46 billion, a PE ratio of 36.55, a price-to-earnings-growth ratio of 3.33 and a beta of 1.00.

AMETEK (NYSE:AME) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.07. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The company had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.91 billion. During the same quarter in the prior year, the company earned $1.75 earnings per share. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. Sell-side analysts expect that AMETEK, Inc. will post 8.13 earnings per share for the current fiscal year.

AMETEK Announces Dividend

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

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.