AMETEK, Inc. $AME Shares Purchased by Concentric Capital Strategies LP

Concentric Capital Strategies LP lifted its position in AMETEK, Inc. (NYSE:AME) by 127.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 92,281 shares of the technology company’s stock after acquiring an additional 51,781 shares during the period. AMETEK accounts for 0.9% of Concentric Capital Strategies LP’s investment portfolio, making the stock its 15th biggest holding. Concentric Capital Strategies LP’s holdings in AMETEK were worth $18,946,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Darwin Wealth Management LLC acquired a new position in shares of AMETEK in the 2nd quarter valued at $25,000. CoreCap Advisors LLC grew its position 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 purchasing an additional 59 shares during the period. BOKF NA grew its position in AMETEK by 137.7% during the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after purchasing an additional 84 shares during the period. Transamerica Financial Advisors LLC grew its position in AMETEK by 73.9% during the 4th quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock worth $31,000 after purchasing an additional 65 shares during the period. Finally, Flagship Harbor Advisors LLC acquired a new stake in AMETEK during the 4th quarter worth about $32,000. 87.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AME has been the topic of several analyst reports. Wall Street Zen downgraded AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. DA Davidson reaffirmed a “buy” rating and set a $265.00 price target on shares of AMETEK in a research report on Monday, May 4th. Robert W. Baird set a $244.00 price target on AMETEK in a research report on Friday, May 1st. Mizuho set a $270.00 price target on AMETEK in a research report on Friday, May 1st. Finally, Weiss Ratings downgraded AMETEK from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, AMETEK presently has an average rating of “Moderate Buy” and an average target price of $252.69.

Insiders Place Their Bets

In related news, Director Thomas A. Amato sold 530 shares of the firm’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total value of $114,893.40. Following the transaction, the director directly owned 4,480 shares of the company’s stock, valued at approximately $971,174.40. This trade represents a 10.58% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.54% of the company’s stock.

AMETEK Price Performance

NYSE:AME opened at $231.06 on Thursday. The stock has a market capitalization of $52.96 billion, a PE ratio of 34.90, a price-to-earnings-growth ratio of 3.25 and a beta of 1.00. AMETEK, Inc. has a 52 week low of $174.43 and a 52 week high of $243.18. The stock’s 50-day moving average price is $229.70 and its 200-day moving average price is $221.29. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. The firm had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. AMETEK’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same period last year, the company 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. As a group, equities analysts expect that AMETEK, Inc. will post 8.13 EPS for the current fiscal year.

AMETEK Dividend Announcement

The business also recently declared 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 dividend on an annualized basis and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 20.54%.

About AMETEK

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.