10,973 Shares in AMETEK, Inc. $AME Purchased by VCI Wealth Management LLC

by · The Markets Daily

VCI Wealth Management LLC bought a new stake in AMETEK, Inc. (NYSE:AME – Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,973 shares of the technology company’s stock, valued at approximately $2,352,000. AMETEK makes up about 0.7% of VCI Wealth Management LLC’s holdings, making the stock its 29th largest holding.

Other large investors have also recently bought and sold shares of the company. Sivia Capital Partners LLC acquired a new stake in AMETEK in the second quarter worth approximately $295,000. Baird Financial Group Inc. raised its stake in shares of AMETEK by 16.1% in the 2nd quarter. Baird Financial Group Inc. now owns 16,784 shares of the technology company’s stock worth $3,037,000 after buying an additional 2,323 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of AMETEK by 65.0% in the 2nd quarter. NewEdge Advisors LLC now owns 3,946 shares of the technology company’s stock worth $714,000 after buying an additional 1,555 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of AMETEK by 38.2% in the second quarter. Sei Investments Co. now owns 223,227 shares of the technology company’s stock valued at $40,392,000 after buying an additional 61,672 shares during the period. Finally, Squarepoint Ops LLC lifted its holdings in shares of AMETEK by 105.3% in the second quarter. Squarepoint Ops LLC now owns 158,274 shares of the technology company’s stock valued at $28,641,000 after buying an additional 81,178 shares during the period. Institutional investors and hedge funds own 87.43% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on AME. Morgan Stanley lifted their target price on AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a report on Thursday, March 12th. DA Davidson restated a “buy” rating and set a $265.00 price objective on shares of AMETEK in a research report on Monday, May 4th. Robert W. Baird set a $244.00 price objective on shares of AMETEK in a research note on Friday, May 1st. Truist Financial reiterated a “buy” rating and issued a $275.00 target price (up from $265.00) on shares of AMETEK in a report on Monday, May 4th. Finally, Barclays increased their target price on shares of AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $253.57.

Check Out Our Latest Stock Report on AMETEK

AMETEK Trading Down 1.4%

Shares of AME opened at $237.65 on Friday. The business’s 50-day moving average price is $230.68 and its 200 day moving average price is $223.07. 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 $54.47 billion, a P/E ratio of 35.90, a P/E/G ratio of 3.38 and a beta of 1.00. AMETEK, Inc. has a 1-year low of $174.43 and a 1-year high of $244.71.

AMETEK (NYSE:AME – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 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 company had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.91 billion. During the same period in the prior year, the firm earned $1.75 earnings per share. The business’s quarterly revenue 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. Analysts expect that AMETEK, Inc. will post 8.13 earnings per share for the current year.

AMETEK Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.34 per share. The ex-dividend date is Monday, June 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s payout ratio is currently 20.54%.

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.

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