Blue Jean Financial LLC Makes New Investment in AMETEK, Inc. $AME

Blue Jean Financial LLC bought a new position in AMETEK, Inc. (NYSE:AMEFree Report) in the fourth quarter, HoldingsChannel reports. The fund bought 6,056 shares of the technology company’s stock, valued at approximately $1,243,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Florida Financial Advisors LLC lifted its position in AMETEK by 2.2% in the 4th quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company’s stock worth $406,000 after buying an additional 43 shares in the last quarter. Plato Investment Management Ltd lifted its position 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 in the last quarter. Allegiance Financial Group Advisory Services LLC lifted its position 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. lifted its position in AMETEK by 6.3% in the 4th quarter. Washington Trust Advisors Inc. now owns 850 shares of the technology company’s stock worth $175,000 after buying an additional 50 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH increased its stake in shares of AMETEK by 2.9% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 1,816 shares of the technology company’s stock worth $373,000 after purchasing an additional 51 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Insider Transactions at AMETEK

In related news, Director Thomas A. Amato sold 530 shares of the firm’s stock in a transaction 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 transaction, the director directly owned 4,480 shares in the company, valued at approximately $971,174.40. This trade represents a 10.58% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.54% of the company’s stock.

AMETEK Stock Performance

NYSE:AME opened at $226.97 on Friday. AMETEK, Inc. has a 1 year low of $174.43 and a 1 year high of $243.18. The firm’s fifty day simple moving average is $228.92 and its 200 day simple moving average is $220.38. 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 firm has a market capitalization of $52.02 billion, a PE ratio of 34.29, a PEG ratio of 3.19 and a beta of 1.00.

AMETEK (NYSE:AMEGet Free Report) last posted its earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The business had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same period last year, the business posted $1.75 EPS. AMETEK’s revenue was up 11.3% compared to the same quarter last year. 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, sell-side analysts anticipate that AMETEK, Inc. will post 8.13 EPS for the current year.

AMETEK Announces Dividend

The company also recently announced 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 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 presently 20.54%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on AME shares. Barclays increased their price target on shares of AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Monday, May 4th. Robert W. Baird set a $244.00 price target on shares of AMETEK in a research note on Friday, May 1st. Royal Bank Of Canada increased their price target on shares of AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Morgan Stanley increased their price target on shares of AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 12th. Finally, Truist Financial restated a “buy” rating and set a $275.00 price target (up from $265.00) on shares of AMETEK in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four 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 target price of $252.33.

Get Our Latest Research Report on AMETEK

About AMETEK

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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