Vestmark Advisory Solutions Inc. trimmed its position in AMETEK, Inc. (NYSE:AME – Free Report) by 36.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,827 shares of the technology company’s stock after selling 5,004 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in AMETEK were worth $1,659,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of AMETEK in the 2nd quarter worth about $650,613,000. Amundi raised its stake in AMETEK by 266.1% during the second quarter. Amundi now owns 1,512,966 shares of the technology company’s stock worth $275,345,000 after acquiring an additional 1,099,748 shares during the period. Invesco Ltd. lifted its holdings in AMETEK by 22.3% in the second quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock worth $769,890,000 after acquiring an additional 775,078 shares during the last quarter. Compagnie Lombard Odier SCmA acquired a new position in AMETEK in the third quarter valued at approximately $118,311,000. Finally, EdgePoint Investment Group Inc. grew its holdings in shares of AMETEK by 24.4% during the second quarter. EdgePoint Investment Group Inc. now owns 2,926,530 shares of the technology company’s stock valued at $529,585,000 after purchasing an additional 573,191 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several analysts recently issued reports on the company. Robert W. Baird set a $245.00 price target on AMETEK in a report on Thursday, February 5th. Barclays increased their price objective on shares of AMETEK from $210.00 to $220.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of AMETEK in a research report on Wednesday, January 21st. They issued a “buy” rating and a $271.00 target price for the company. Oppenheimer cut AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. Finally, Truist Financial set a $265.00 price objective on AMETEK in a report on Wednesday, February 4th. One investment 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 company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $243.00.
AMETEK Stock Up 2.2%
AME opened at $236.59 on Wednesday. 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 company has a market capitalization of $54.18 billion, a PE ratio of 36.97, a P/E/G ratio of 3.31 and a beta of 1.03. The stock’s fifty day moving average is $218.89 and its 200-day moving average is $200.20. AMETEK, Inc. has a one year low of $145.02 and a one year high of $239.94.
AMETEK (NYSE:AME – Get Free Report) last released its earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) 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 firm had revenue of $2 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same period in the previous year, the company earned $1.87 earnings per share. AMETEK’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. On average, equities analysts predict that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.
AMETEK Increases Dividend
The firm also recently announced 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. The ex-dividend date is Monday, March 16th. This is a positive change from AMETEK’s previous quarterly dividend of $0.31. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. AMETEK’s payout ratio is 19.38%.
Insider Buying and Selling at AMETEK
In other news, VP Thomas M. Montgomery sold 6,388 shares of the business’s stock in a transaction on Monday, December 22nd. The stock was 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. The trade was a 22.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO David A. Zapico sold 28,390 shares of AMETEK stock in a transaction dated 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. Over the last 90 days, insiders have sold 49,088 shares of company stock valued at $9,930,020. 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.
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