Cumberland Partners Ltd Purchases 120,473 Shares of AMETEK, Inc. $AME

Cumberland Partners Ltd raised its position in shares of AMETEK, Inc. (NYSE:AME) by 522.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 143,536 shares of the technology company’s stock after purchasing an additional 120,473 shares during the quarter. AMETEK accounts for about 2.3% of Cumberland Partners Ltd’s investment portfolio, making the stock its 15th largest position. Cumberland Partners Ltd’s holdings in AMETEK were worth $30,768,000 at the end of the most recent reporting period.

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

AMETEK Stock Performance

NYSE AME opened at $242.10 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.72. AMETEK, Inc. has a 1-year low of $175.61 and a 1-year high of $244.71. The business has a 50 day simple moving average of $231.91 and a two-hundred day simple moving average of $227.51. The stock has a market capitalization of $55.49 billion, a PE ratio of 36.57, a P/E/G ratio of 3.38 and a beta of 0.99.

AMETEK (NYSE:AME) last issued its quarterly earnings data 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. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The business had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.91 billion. During the same period in the prior year, the firm earned $1.75 EPS. The company’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. On average, research analysts predict that AMETEK, Inc. will post 8.14 EPS for the current fiscal year.

AMETEK Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on AME shares. Morgan Stanley upped their price objective on AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Friday, July 10th. BMO Capital Markets initiated coverage on AMETEK in a report on Friday, March 27th. They issued an “outperform” rating and a $253.00 price target on the stock. Wall Street Zen downgraded AMETEK from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. DA Davidson reiterated a “buy” rating and set a $265.00 price objective on shares of AMETEK in a research report on Monday, May 4th. Finally, Truist Financial boosted their target price on shares of AMETEK from $275.00 to $303.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. One 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 MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.