Sargent Investment Group LLC Makes New $869,000 Investment in AMETEK, Inc. $AME

Sargent Investment Group LLC bought a new position in shares of AMETEK, Inc. (NYSE:AME) during the fourth quarter, HoldingsChannel.com reports. The firm bought 4,231 shares of the technology company’s stock, valued at approximately $869,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in AME. Norges Bank acquired a new position in shares of AMETEK during the 4th quarter worth approximately $831,372,000. Nordea Investment Management AB grew its position in shares of AMETEK by 825.0% during the 4th quarter. Nordea Investment Management AB now owns 852,585 shares of the technology company’s stock worth $176,153,000 after purchasing an additional 760,410 shares in the last quarter. Lazard Asset Management LLC grew its position in shares of AMETEK by 35.7% during the 3rd quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock worth $497,444,000 after purchasing an additional 695,419 shares in the last quarter. Man Group plc grew its position in shares of AMETEK by 411.8% during the 3rd quarter. Man Group plc now owns 785,020 shares of the technology company’s stock worth $147,584,000 after purchasing an additional 631,649 shares in the last quarter. Finally, Westfield Capital Management Co. LP grew its position in shares of AMETEK by 151.0% during the 4th quarter. Westfield Capital Management Co. LP now owns 900,216 shares of the technology company’s stock worth $184,823,000 after purchasing an additional 541,556 shares in the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on AME shares. Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. DA Davidson reaffirmed a “buy” rating and set a $265.00 price target on shares of AMETEK in a report on Monday, May 4th. Royal Bank Of Canada upped their price target on shares of AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Truist Financial reaffirmed a “buy” rating and set a $275.00 price target (up from $265.00) on shares of AMETEK in a report on Monday, May 4th. Finally, Morgan Stanley upped their price target on shares of AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a report on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $252.33.

AMETEK Stock Down 0.1%

Shares of NYSE AME opened at $226.97 on Monday. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10. The company has a market cap of $52.02 billion, a price-to-earnings ratio of 34.29, a PEG ratio of 3.19 and a beta of 1.00. AMETEK, Inc. has a 12 month low of $174.43 and a 12 month high of $243.18. The stock has a 50-day moving average price of $228.92 and a two-hundred day moving average price of $220.56.

AMETEK (NYSE:AME) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, beating the consensus estimate of $1.90 by $0.07. The business had revenue of $1.93 billion during 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 firm’s revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. As a group, analysts forecast that AMETEK, Inc. will post 8.13 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

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 paid a $0.34 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.36 annualized dividend and a yield of 0.6%. AMETEK’s dividend payout ratio is presently 20.54%.

Insider Buying and Selling

In related news, Director Thomas A. Amato sold 530 shares of the stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total value of $114,893.40. Following the completion of the transaction, the director owned 4,480 shares of the company’s stock, valued at $971,174.40. This represents a 10.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.54% of the stock is currently owned by insiders.

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.