Numerai GP LLC Raises Stock Position in AMETEK, Inc. $AME

Numerai GP LLC increased its position in shares of AMETEK, Inc. (NYSE:AME) by 148.7% during the third quarter, HoldingsChannel.com reports. The fund owned 20,226 shares of the technology company’s stock after acquiring an additional 12,094 shares during the period. Numerai GP LLC’s holdings in AMETEK were worth $3,802,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Mariner LLC increased its holdings in shares of AMETEK by 16.9% in the third quarter. Mariner LLC now owns 151,059 shares of the technology company’s stock worth $28,399,000 after purchasing an additional 21,886 shares during the period. Moors & Cabot Inc. increased its stake in AMETEK by 1.4% in the 3rd quarter. Moors & Cabot Inc. now owns 18,407 shares of the technology company’s stock worth $3,460,000 after acquiring an additional 256 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of AMETEK by 87.7% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 23,787 shares of the technology company’s stock valued at $4,472,000 after acquiring an additional 11,114 shares in the last quarter. Millennium Management LLC boosted its position in shares of AMETEK by 109.3% during the 3rd quarter. Millennium Management LLC now owns 845,346 shares of the technology company’s stock valued at $158,925,000 after acquiring an additional 441,365 shares during the last quarter. Finally, Mirabella Financial Services LLP grew its holdings in shares of AMETEK by 118.0% during the third quarter. Mirabella Financial Services LLP now owns 14,494 shares of the technology company’s stock worth $2,720,000 after purchasing an additional 7,846 shares in the last quarter. 87.43% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Mizuho set a $235.00 target price on shares of AMETEK in a research note on Wednesday, February 4th. Morgan Stanley boosted their price target on shares of AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 12th. Royal Bank Of Canada restated an “outperform” rating and set a $257.00 price objective on shares of AMETEK in a research report on Wednesday, February 4th. Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a report on Sunday, February 22nd. Finally, DA Davidson reiterated a “buy” rating and issued a $240.00 target price on shares of AMETEK in a research report 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 assigned a Hold rating to the company. According to data from MarketBeat.com, AMETEK presently has an average rating of “Moderate Buy” and an average price target of $244.82.

Insiders Place Their Bets

In other AMETEK news, VP Thomas M. Montgomery sold 6,388 shares of the company’s 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 sale, the vice president directly owned 22,116 shares in the company, valued at $4,534,885.80. This represents a 22.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.57% of the stock is owned by corporate insiders.

AMETEK Stock Performance

NYSE:AME opened at $214.53 on Tuesday. The company has a market capitalization of $49.14 billion, a price-to-earnings ratio of 33.52, a PEG ratio of 3.07 and a beta of 1.02. The business has a 50 day moving average of $224.83 and a 200 day moving average of $204.43. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 0.67. AMETEK, Inc. has a 1-year low of $145.02 and a 1-year high of $242.05.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Tuesday, February 3rd. The technology company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.07. The business had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.94 billion. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The business’s quarterly revenue was up 13.4% on a year-over-year basis. During the same period last year, the business 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. On average, sell-side analysts predict that AMETEK, Inc. will post 7.15 earnings per share 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 given a $0.34 dividend. 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 boost from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s dividend payout ratio is 19.38%.

About AMETEK

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.