Swiss National Bank Reduces Stake in AMETEK, Inc. $AME

Swiss National Bank lessened its stake in shares of AMETEK, Inc. (NYSE:AME) by 4.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 665,525 shares of the technology company’s stock after selling 32,900 shares during the quarter. Swiss National Bank owned about 0.29% of AMETEK worth $125,119,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. KBC Group NV lifted its holdings in shares of AMETEK by 3.2% in the 2nd quarter. KBC Group NV now owns 289,634 shares of the technology company’s stock worth $52,412,000 after acquiring an additional 9,063 shares during the last quarter. Principal Financial Group Inc. raised its position in 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 purchasing an additional 94,645 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in 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 purchasing an additional 6,911 shares during the period. Nordea Investment Management AB lifted its stake in AMETEK by 246.0% in the third quarter. Nordea Investment Management AB now owns 92,175 shares of the technology company’s stock worth $17,344,000 after purchasing an additional 65,537 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA purchased a new stake in AMETEK during the third quarter valued at about $118,311,000. 87.43% of the stock is currently owned by institutional investors.

AMETEK Stock Up 0.6%

Shares of AMETEK stock opened at $226.42 on Wednesday. The company has a current ratio of 1.06, a quick ratio of 0.67 and a debt-to-equity ratio of 0.10. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $242.05. The company has a market cap of $51.85 billion, a P/E ratio of 35.38, a PEG ratio of 3.22 and a beta of 1.02. The company’s fifty day simple moving average is $224.09 and its two-hundred day simple moving average is $203.57.

AMETEK (NYSE:AME) last posted its earnings results on Tuesday, February 3rd. The technology company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.94 by $0.07. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The firm had revenue of $2 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same period last year, the company posted $1.87 EPS. The company’s quarterly 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. Research analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a $0.34 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. This is an increase from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s dividend payout ratio is currently 19.38%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on AME. Oppenheimer lowered AMETEK from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 27th. Truist Financial set a $265.00 price target on AMETEK in a research report on Wednesday, February 4th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $257.00 price objective on shares of AMETEK in a research report on Wednesday, February 4th. Wall Street Zen upgraded shares of AMETEK from a “hold” rating to a “buy” rating in a report on Sunday, February 22nd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, AMETEK presently has an average rating of “Moderate Buy” and a consensus price target of $243.00.

Insider Buying and Selling

In related news, VP Thomas M. Montgomery sold 6,388 shares of AMETEK stock in a transaction dated 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 completion of the transaction, the vice president directly owned 22,116 shares of the company’s stock, valued at $4,534,885.80. This trade represents a 22.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO David A. Zapico sold 28,390 shares of the company’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $201.76, for a total transaction of $5,727,966.40. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 49,088 shares of company stock valued at $9,930,020 over the last ninety days. Company insiders own 0.57% of the company’s stock.

AMETEK Company 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.