Free Trial

30,898 Shares in AMETEK, Inc. $AME Acquired by GRIMES & Co WEALTH MANAGEMENT LLC

AMETEK logo with Computer and Technology background
Image from MarketBeat Media, LLC.

Key Points

  • GRIMES & Co WEALTH MANAGEMENT LLC opened a new Q4 position in AMETEK, buying 30,898 shares worth about $6.34 million, and institutional investors now own roughly 87.4% of the stock.
  • AMETEK agreed to acquire Indicor’s instrumentation businesses for about $5 billion (all‑cash), a deal that sparked investor concern over near‑term balance‑sheet and cash‑use pressure and helped push the stock lower.
  • AMETEK beat quarterly EPS estimates and set FY2026 guidance of 7.94–8.14 EPS; analysts hold a consensus of “Moderate Buy” with an average price target of $252.33, and the company recently raised its quarterly dividend to $0.34.
  • Interested in AMETEK? Here are five stocks we like better.

GRIMES & Co WEALTH MANAGEMENT LLC acquired a new position in shares of AMETEK, Inc. (NYSE:AME - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 30,898 shares of the technology company's stock, valued at approximately $6,344,000.

Other hedge funds have also made changes to their positions in the company. Darwin Wealth Management LLC bought a new stake in shares of AMETEK in the second quarter valued at about $25,000. CoreCap Advisors LLC increased its position in AMETEK by 84.3% during the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company's stock valued at $26,000 after purchasing an additional 59 shares during the period. BOKF NA raised its holdings in shares of AMETEK by 137.7% in the 4th quarter. BOKF NA now owns 145 shares of the technology company's stock valued at $30,000 after purchasing an additional 84 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new stake in shares of AMETEK in the 4th quarter worth approximately $32,000. Finally, Grey Fox Wealth Advisors LLC bought a new position in shares of AMETEK during the third quarter valued at approximately $39,000. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. TD Cowen reissued a "buy" rating on shares of AMETEK in a research note on Tuesday, February 3rd. Mizuho set a $270.00 price target on AMETEK in a report on Friday, May 1st. KeyCorp upped their price objective on AMETEK from $235.00 to $260.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 4th. Oppenheimer downgraded AMETEK from an "outperform" rating to a "market perform" rating in a research report on Tuesday, January 27th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of AMETEK in a report on Wednesday, January 21st. They issued a "buy" rating and a $271.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $252.33.

Read Our Latest Stock Report on AME

AMETEK Stock Down 2.8%

AMETEK stock opened at $234.68 on Friday. AMETEK, Inc. has a 1-year low of $170.46 and a 1-year high of $243.18. The business has a fifty day moving average price of $225.75 and a 200-day moving average price of $214.31. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.72. The stock has a market capitalization of $53.79 billion, a price-to-earnings ratio of 35.45, a PEG ratio of 3.39 and a beta of 1.03.

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

AMETEK Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were given a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, March 16th. This is an increase from AMETEK's previous quarterly dividend of $0.31. AMETEK's payout ratio is 20.54%.

Insider Buying and Selling

In related news, Director Thomas A. Amato sold 530 shares of AMETEK stock in a transaction that occurred 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 completion of the sale, the director directly owned 4,480 shares in the company, valued at $971,174.40. This trade represents a 10.58% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.54% of the stock is owned by company insiders.

Key AMETEK News

Here are the key news stories impacting AMETEK this week:

AMETEK Company Profile

(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

Institutional Ownership by Quarter for AMETEK (NYSE:AME)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in AMETEK Right Now?

Before you consider AMETEK, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AMETEK wasn't on the list.

While AMETEK currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines