Rhumbline Advisers Cuts Holdings in AMETEK, Inc. $AME

Rhumbline Advisers trimmed its position in AMETEK, Inc. (NYSE:AME) by 1.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 452,726 shares of the technology company’s stock after selling 8,439 shares during the quarter. Rhumbline Advisers’ holdings in AMETEK were worth $85,112,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. KBC Group NV raised its stake in AMETEK by 3.2% during the second quarter. KBC Group NV now owns 289,634 shares of the technology company’s stock valued at $52,412,000 after purchasing an additional 9,063 shares in the last quarter. Principal Financial Group Inc. grew its stake 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 buying an additional 94,645 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of AMETEK by 22.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 37,853 shares of the technology company’s stock worth $7,116,000 after buying an additional 6,911 shares during the last quarter. Nordea Investment Management AB raised its position in shares of 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 buying an additional 65,537 shares in the last quarter. Finally, Valley National Advisers Inc. purchased a new stake in shares of AMETEK during the 3rd quarter valued at about $2,061,000. 87.43% of the stock is owned by institutional investors.

Analyst Ratings Changes

AME has been the subject of several recent research reports. Morgan Stanley lifted their price target on AMETEK from $198.00 to $215.00 and gave the stock an “equal weight” rating in a research report on Monday, January 12th. Deutsche Bank Aktiengesellschaft started coverage on AMETEK in a research note on Wednesday, January 21st. They issued a “buy” rating and a $271.00 price objective for the company. Wall Street Zen raised AMETEK from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Mizuho set a $235.00 price target on AMETEK in a research report on Wednesday, February 4th. Finally, KeyCorp lifted their price objective on shares of AMETEK from $235.00 to $260.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $243.00.

AMETEK Price Performance

Shares of AME stock opened at $228.82 on Friday. The stock has a 50 day moving average price of $213.78 and a 200 day moving average price of $197.14. AMETEK, Inc. has a 52-week low of $145.02 and a 52-week high of $239.94. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.67 and a current ratio of 1.06. The firm has a market capitalization of $52.67 billion, a P/E ratio of 35.75, a P/E/G ratio of 3.36 and a beta of 1.03.

AMETEK (NYSE:AME) last released its earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.07. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The business had revenue of $2 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same quarter last year, the firm posted $1.87 earnings per share. The business’s revenue was up 13.4% compared to the same quarter last year. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. As a group, sell-side analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, March 16th. This is a positive change from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s dividend payout ratio (DPR) is 19.38%.

Insiders Place Their Bets

In other AMETEK news, insider Thomas C. Marecic sold 14,310 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $202.11, for a total value of $2,892,194.10. Following the transaction, the insider directly owned 42,589 shares in the company, valued at $8,607,662.79. This represents a 25.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Thomas M. Montgomery sold 6,388 shares of AMETEK stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the sale, the vice president directly owned 22,116 shares of the company’s stock, valued at $4,534,885.80. This represents a 22.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 137,088 shares of company stock worth $27,212,340 in the last three months. Corporate insiders own 0.57% of the company’s stock.

AMETEK Profile

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.