Kornitzer Capital Management Inc. KS lowered its holdings in AMETEK, Inc. (NYSE:AME – Free Report) by 34.1% in the third quarter, HoldingsChannel reports. The firm owned 23,225 shares of the technology company’s stock after selling 12,030 shares during the period. Kornitzer Capital Management Inc. KS’s holdings in AMETEK were worth $5,754,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of AME. WPG Advisers LLC grew its stake in AMETEK by 27.7% during the 3rd quarter. WPG Advisers LLC now owns 221 shares of the technology company’s stock valued at $55,000 after purchasing an additional 48 shares in the last quarter. Advocacy Wealth Management LLC raised its position in shares of AMETEK by 1.0% in the 2nd quarter. Advocacy Wealth Management LLC now owns 5,422 shares of the technology company’s stock valued at $1,312,000 after purchasing an additional 52 shares in the last quarter. Diversify Advisory Services LLC raised its position in shares of AMETEK by 1.9% in the 3rd quarter. Diversify Advisory Services LLC now owns 3,476 shares of the technology company’s stock valued at $864,000 after purchasing an additional 65 shares in the last quarter. Earned Wealth Advisors LLC boosted its stake in shares of AMETEK by 5.9% during the 1st quarter. Earned Wealth Advisors LLC now owns 1,209 shares of the technology company’s stock valued at $259,000 after buying an additional 67 shares during the last quarter. Finally, First Growth Capital LLC boosted its stake in shares of AMETEK by 2.8% during the 1st quarter. First Growth Capital LLC now owns 2,709 shares of the technology company’s stock valued at $592,000 after buying an additional 74 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.
Analyst Upgrades and Downgrades
AME has been the subject of a number of recent analyst reports. Robert W. Baird raised their price target on shares of AMETEK from $275.00 to $280.00 and gave the stock a “neutral” rating in a research report on Monday, October 5th. Weiss Ratings cut shares of AMETEK from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, November 2nd. BNP Paribas Exane increased their price objective on shares of AMETEK from $280.00 to $290.00 and gave the company an “outperform” rating in a research note on Friday, September 11th. Royal Bank Of Canada raised their price objective on shares of AMETEK from $291.00 to $308.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, KeyCorp raised their price objective on shares of AMETEK from $260.00 to $295.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $278.06.
Read Our Latest Report on AMETEK
More AMETEK News
Here are the key news stories impacting AMETEK this week:
- Positive Sentiment: AMETEK reportedly raised its 2026 outlook after record third-quarter sales. The quarter also included EPS and revenue above consensus, providing a favorable business-performance backdrop. AMETEK stock follows record Q3 sales with higher 2026 outlook
- Positive Sentiment: Citigroup forecast strong potential price appreciation for AMETEK, offering a bullish counterpoint to recent negative analyst coverage. Citigroup Forecasts Strong Price Appreciation for AMETEK Stock
- Neutral Sentiment: The company declared a regular quarterly dividend of $0.34 per share, equivalent to $1.36 annually and a stated yield of 0.6%. The payout may appeal to income-focused investors, though the yield is modest. AMETEK Declares Quarterly Dividend
- Negative Sentiment: Mizuho cut its price target, and AMETEK shares were reported to have fallen below their 200-day moving average after an analyst downgrade. The downgrade and technical break may add near-term selling pressure. AMETEK Stock Price Target Cut by Mizuho AMETEK Shares Break Below 200-Day Moving Average After Analyst Downgrade
AMETEK Trading Down 0.1%
Shares of NYSE AME opened at $228.40 on Monday. The stock’s 50 day moving average price is $242.89 and its two-hundred day moving average price is $234.62. AMETEK, Inc. has a 52-week low of $188.47 and a 52-week high of $261.16. The stock has a market capitalization of $52.38 billion, a P/E ratio of 32.21, a PEG ratio of 2.04 and a beta of 0.96. The company has a quick ratio of 0.91, a current ratio of 1.43 and a debt-to-equity ratio of 0.52.
AMETEK (NYSE:AME – Get Free Report) last released its earnings results on Tuesday, November 3rd. The technology company reported $2.21 EPS for the quarter, topping analysts’ consensus estimates of $2.11 by $0.10. The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.12 billion. AMETEK had a return on equity of 17.12% and a net margin of 19.91%. AMETEK’s quarterly revenue was up 17.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.89 EPS. On average, analysts anticipate that AMETEK, Inc. will post 8.59 earnings per share for the current fiscal year.
AMETEK Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, December 4th. AMETEK’s dividend payout ratio is currently 19.18%.
About AMETEK
AMETEK, Inc is a global manufacturer of electronic instruments and electromechanical products. Its businesses serve a range of markets, including aerospace, energy, industrial manufacturing, medical, and transportation.
The company’s products include analytical and process instruments, monitoring and measurement systems, aerospace components, precision motors and pumps, and engineered materials. AMETEK organizes its operations into two groups: Electronic Instruments and Electromechanical.
Founded in 1930, AMETEK serves customers around the world through manufacturing facilities, sales offices, and service operations in multiple countries.
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