9,280 Shares in AMETEK, Inc. $AME Purchased by Lombard Odier Asset Management Switzerland SA

Lombard Odier Asset Management Switzerland SA acquired a new stake in shares of AMETEK, Inc. (NYSE:AME) in the first quarter, Holdings Channel reports. The firm acquired 9,280 shares of the technology company’s stock, valued at approximately $1,989,000.

Several other large investors also recently added to or reduced their stakes in AME. Darwin Wealth Management LLC purchased a new stake in AMETEK in the second quarter worth about $25,000. CoreCap Advisors LLC grew its holdings in AMETEK by 84.3% during the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after acquiring an additional 59 shares in the last quarter. MV Capital Management Inc. purchased a new position in AMETEK during the 4th quarter valued at about $28,000. Brown Lisle Cummings Inc. raised its holdings in shares of AMETEK by 878.6% in the 1st 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 holdings 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 purchasing an additional 84 shares in the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Trading Up 0.1%

Shares of AMETEK stock opened at $242.10 on Monday. The firm has a 50-day simple moving average of $231.91 and a two-hundred day simple moving average of $227.62. The company has a market cap of $55.49 billion, a P/E ratio of 36.57, a price-to-earnings-growth ratio of 3.39 and a beta of 0.99. AMETEK, Inc. has a fifty-two week low of $175.61 and a fifty-two week high of $244.71. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.72 and a current ratio of 1.14.

AMETEK (NYSE:AME) last released its earnings results on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.07. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The business had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.91 billion. During the same quarter in the previous year, the company earned $1.75 earnings per share. The company’s quarterly revenue 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, equities analysts predict that AMETEK, Inc. will post 8.14 earnings per share for the current fiscal year.

AMETEK Announces Dividend

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

Analysts Set New Price Targets

AME has been the topic of a number of recent research reports. Robert W. Baird set a $244.00 price objective on AMETEK in a research report on Friday, May 1st. Weiss Ratings raised shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, June 29th. Rothschild & Co Redburn set a $265.00 price target on shares of AMETEK in a report on Thursday, June 18th. Mizuho set a $270.00 price objective on shares of AMETEK in a research report on Friday, May 1st. Finally, Truist Financial increased their target price on shares of AMETEK from $275.00 to $303.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. 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 stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $256.29.

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.