Vanguard Group Inc. Buys 176,040 Shares of AMETEK, Inc. $AME

Vanguard Group Inc. raised its position in shares of AMETEK, Inc. (NYSE:AMEFree Report) by 0.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 27,173,705 shares of the technology company’s stock after buying an additional 176,040 shares during the quarter. Vanguard Group Inc. owned about 11.80% of AMETEK worth $5,108,657,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. State Street Corp boosted its stake in AMETEK by 1.3% in the second quarter. State Street Corp now owns 9,637,303 shares of the technology company’s stock valued at $1,743,966,000 after acquiring an additional 126,105 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of AMETEK by 1.8% during the 2nd quarter. Geode Capital Management LLC now owns 5,794,236 shares of the technology company’s stock valued at $1,044,009,000 after purchasing an additional 104,139 shares during the last quarter. Invesco Ltd. grew its stake in AMETEK by 22.3% during the 2nd quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock worth $769,890,000 after buying an additional 775,078 shares during the last quarter. Flossbach Von Storch SE increased its position in AMETEK by 0.4% during the 2nd quarter. Flossbach Von Storch SE now owns 3,785,676 shares of the technology company’s stock valued at $685,056,000 after buying an additional 15,610 shares in the last quarter. Finally, Norges Bank purchased a new stake in AMETEK in the second quarter valued at about $650,613,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Insider Transactions at AMETEK

In other AMETEK news, insider Thomas C. Marecic sold 14,310 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the completion of the transaction, the insider owned 42,589 shares of the company’s stock, valued at $8,607,662.79. This represents a 25.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO David A. Zapico sold 28,390 shares of AMETEK stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $201.76, for a total value of $5,727,966.40. The disclosure for this sale is available in the SEC filing. Insiders sold 137,088 shares of company stock valued at $27,212,340 over the last 90 days. Corporate insiders own 0.57% of the company’s stock.

AMETEK Price Performance

Shares of AMETEK stock opened at $233.15 on Wednesday. The firm has a market cap of $53.67 billion, a PE ratio of 36.43, a P/E/G ratio of 3.28 and a beta of 1.03. The business has a 50-day moving average price of $215.74 and a 200 day moving average price of $198.44. The company has a quick ratio of 0.67, a current ratio of 1.06 and a debt-to-equity ratio of 0.10. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $239.94.

AMETEK (NYSE:AMEGet Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.94 by $0.07. The company had revenue of $2 billion for the quarter, compared to analyst estimates of $1.94 billion. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.AMETEK’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same period last year, the company earned $1.87 earnings per share. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. Sell-side analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Increases Dividend

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

Analyst Ratings Changes

AME has been the topic of a number of research analyst reports. Robert W. Baird set a $245.00 price target on AMETEK in a research note on Thursday, February 5th. Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a report on Wednesday, January 21st. Barclays raised their target price on AMETEK from $210.00 to $220.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Royal Bank Of Canada reiterated an “outperform” rating and set a $257.00 price target on shares of AMETEK in a research note on Wednesday, February 4th. Finally, Mizuho set a $235.00 price objective on AMETEK in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, AMETEK has an average rating of “Moderate Buy” and a consensus target price of $243.00.

Check Out Our Latest Report on AME

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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Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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