AMETEK, Inc. (NYSE:AME) Plans $0.34 Quarterly Dividend

Key Points

• AMETEK declared a quarterly dividend of $0.34 per share, payable on June 30 to shareholders of record on June 15. The stock’s dividend yield is about 0.6%.
• The company continues to show a solid dividend profile, having raised its dividend every year for the past six years and maintaining a low payout ratio of 17.9%, which suggests the dividend is well covered by earnings.
• AMETEK recently posted better-than-expected quarterly results, with EPS of $1.97 and revenue of $1.93 billion, both ahead of consensus estimates. The company also issued FY 2026 guidance of $7.94 to $8.14 EPS.

AMETEK, Inc. (NYSE:AME - Get Free Report) declared a quarterly dividend on Friday, May 8th. Stockholders of record on Monday, June 15th will be given a dividend of 0.34 per share by the technology company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Monday, June 15th.

AMETEK has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 6 years. AMETEK has a payout ratio of 17.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect AMETEK to earn $8.77 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 15.5%.

AMETEK Trading Down 1.1%

Shares of AMETEK stock traded down $2.56 during trading hours on Friday, reaching $232.17. The stock had a trading volume of 957,061 shares, compared to its average volume of 1,337,695. The firm has a 50 day simple moving average of $225.75 and a two-hundred day simple moving average of $214.31. The firm has a market capitalization of $53.21 billion, a price-to-earnings ratio of 35.07, a P/E/G ratio of 3.39 and a beta of 1.03. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10. AMETEK has a 1 year low of $170.95 and a 1 year high of $243.18.

AMETEK (NYSE:AME - Get Free Report) last announced its earnings results on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, beating the consensus estimate of $1.90 by $0.07. The business had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The company's revenue was up 11.3% on a year-over-year basis. During the same period 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. As a group, equities research analysts anticipate that AMETEK will post 8.12 earnings per share for the current year.

Insiders Place Their Bets

In other AMETEK news, Director Thomas A. Amato sold 530 shares of the firm's stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total transaction of $114,893.40. Following the completion of the sale, the director owned 4,480 shares in the company, valued at $971,174.40. This trade represents a 10.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.54% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Principal Financial Group Inc. grew its position in shares of AMETEK by 4.9% in the 3rd quarter. Principal Financial Group Inc. now owns 2,043,029 shares of the technology company's stock worth $384,096,000 after acquiring an additional 94,645 shares in the last quarter. Captrust Financial Advisors boosted its position in AMETEK by 3.1% during the 3rd quarter. Captrust Financial Advisors now owns 268,096 shares of the technology company's stock valued at $50,402,000 after purchasing an additional 8,101 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in AMETEK by 22.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 37,853 shares of the technology company's stock valued at $7,116,000 after purchasing an additional 6,911 shares during the period. Y.D. More Investments Ltd acquired a new position in AMETEK during the 4th quarter valued at approximately $1,653,000. Finally, Nordea Investment Management AB boosted its position in AMETEK by 246.0% during the 3rd quarter. Nordea Investment Management AB now owns 92,175 shares of the technology company's stock valued at $17,344,000 after purchasing an additional 65,537 shares during the period. Institutional investors and hedge funds own 87.43% of the company's stock.

About AMETEK

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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