CI Investments Inc. Has $29.33 Million Stock Holdings in AMETEK, Inc. $AME

CI Investments Inc. trimmed its holdings in AMETEK, Inc. (NYSE:AME) by 8.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 136,829 shares of the technology company’s stock after selling 12,846 shares during the period. CI Investments Inc.’s holdings in AMETEK were worth $29,331,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Florida Financial Advisors LLC raised its holdings in AMETEK by 2.2% in the 4th quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company’s stock valued at $406,000 after acquiring an additional 43 shares during the period. Plato Investment Management Ltd boosted its holdings in shares of AMETEK by 0.4% during the fourth quarter. Plato Investment Management Ltd now owns 10,751 shares of the technology company’s stock worth $2,218,000 after acquiring an additional 47 shares during the period. Allegiance Financial Group Advisory Services LLC grew its position in shares of AMETEK by 4.0% in the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 1,254 shares of the technology company’s stock valued at $257,000 after purchasing an additional 48 shares during the last quarter. Washington Trust Advisors Inc. increased its stake 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 lifted its holdings in AMETEK by 18.3% during the 1st quarter. Root Financial Partners LLC now owns 323 shares of the technology company’s stock worth $69,000 after purchasing an additional 50 shares during the last quarter. Institutional investors own 87.43% of the company’s stock.

AMETEK Price Performance

Shares of NYSE:AME opened at $237.39 on Thursday. The firm has a 50 day moving average of $231.43 and a 200-day moving average of $227.18. AMETEK, Inc. has a 12 month low of $175.61 and a 12 month high of $244.71. 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 stock has a market capitalization of $54.41 billion, a PE ratio of 35.86, a PEG ratio of 3.33 and a beta of 0.99.

AMETEK (NYSE:AME) last posted its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.07. The business 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%. The firm’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter last year, the business 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. On average, equities research analysts predict that AMETEK, Inc. will post 8.14 EPS for the current fiscal year.

AMETEK Announces Dividend

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

Wall Street Analysts Forecast Growth

AME has been the topic of a number of research reports. Royal Bank Of Canada upped their price objective on AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a report on Friday, May 1st. Mizuho set a $270.00 price target on shares of AMETEK in a research report on Friday, May 1st. Citigroup started coverage on shares of AMETEK in a research report on Monday, June 15th. They set a “neutral” rating and a $257.00 target price on the stock. Rothschild & Co Redburn set a $265.00 price target on AMETEK in a research note on Thursday, June 18th. Finally, Wall Street Zen lowered AMETEK from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, AMETEK currently has an average rating of “Moderate Buy” and a consensus target price of $256.29.

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.