AMETEK, Inc. $AME Shares Sold by Burney Co.

Burney Co. lowered its stake in AMETEK, Inc. (NYSE:AME) by 29.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,483 shares of the technology company’s stock after selling 3,601 shares during the period. Burney Co.’s holdings in AMETEK were worth $1,819,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in AME. Florida Financial Advisors LLC raised its stake in AMETEK by 2.2% in the 4th quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company’s stock worth $406,000 after acquiring an additional 43 shares during the last quarter. Plato Investment Management Ltd raised its stake in shares of AMETEK by 0.4% in the fourth quarter. Plato Investment Management Ltd now owns 10,751 shares of the technology company’s stock worth $2,218,000 after purchasing an additional 47 shares during the last quarter. Allegiance Financial Group Advisory Services LLC lifted its holdings in shares of AMETEK by 4.0% during the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 1,254 shares of the technology company’s stock worth $257,000 after purchasing an additional 48 shares during the period. Washington Trust Advisors Inc. lifted its holdings in shares of AMETEK by 6.2% during the fourth quarter. Washington Trust Advisors Inc. now owns 850 shares of the technology company’s stock worth $175,000 after purchasing an additional 50 shares during the period. Finally, Root Financial Partners LLC boosted its position in AMETEK by 18.3% in the first quarter. Root Financial Partners LLC now owns 323 shares of the technology company’s stock valued at $69,000 after buying an additional 50 shares during the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Stock Down 0.2%

AMETEK stock opened at $231.34 on Thursday. The business’s 50-day moving average price is $231.02 and its 200 day moving average price is $225.19. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10. The firm has a market cap of $53.02 billion, a price-to-earnings ratio of 34.95, a price-to-earnings-growth ratio of 3.25 and a beta of 0.99. AMETEK, Inc. has a 52 week low of $174.43 and a 52 week high of $244.71.

AMETEK (NYSE:AME) last announced its quarterly earnings results 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. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The company had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the previous year, the company posted $1.75 earnings per share. AMETEK’s revenue for the quarter was up 11.3% on a year-over-year basis. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. As a group, sell-side analysts anticipate that AMETEK, Inc. will post 8.13 earnings per share for the current year.

AMETEK Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Monday, June 15th. AMETEK’s payout ratio is currently 20.54%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on AME shares. Robert W. Baird set a $244.00 price target on shares of AMETEK in a report on Friday, May 1st. Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Royal Bank Of Canada increased their price objective on shares of AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Citigroup initiated coverage on shares of AMETEK in a report on Monday, June 15th. They set a “neutral” rating and a $257.00 target price for the company. Finally, Barclays boosted their target price on shares of AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, AMETEK currently has an average rating of “Moderate Buy” and an average price target of $255.57.

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.