AMETEK, Inc. $AME Shares Acquired by LGT Fund Management Co Ltd.

LGT Fund Management Co Ltd. lifted its holdings in AMETEK, Inc. (NYSE:AME) by 90.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,355 shares of the technology company’s stock after buying an additional 19,191 shares during the period. LGT Fund Management Co Ltd.’s holdings in AMETEK were worth $8,650,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of AME. Norges Bank acquired a new stake in AMETEK in the 4th quarter valued at about $831,372,000. Wellington Management Group LLP boosted its holdings in shares of AMETEK by 302.9% during the 4th quarter. Wellington Management Group LLP now owns 2,807,664 shares of the technology company’s stock worth $576,441,000 after purchasing an additional 2,110,818 shares during the last quarter. Balyasny Asset Management L.P. grew its position in shares of AMETEK by 539.2% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,070,555 shares of the technology company’s stock valued at $219,796,000 after purchasing an additional 903,061 shares in the last quarter. Nordea Investment Management AB increased its holdings in shares of AMETEK by 825.0% in the fourth quarter. Nordea Investment Management AB now owns 852,585 shares of the technology company’s stock valued at $176,153,000 after purchasing an additional 760,410 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its position in AMETEK by 35.7% during the third quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock worth $497,444,000 after buying an additional 695,419 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Trading Up 0.4%

NYSE:AME traded up $0.86 on Friday, reaching $233.85. The company’s stock had a trading volume of 639,696 shares, compared to its average volume of 1,119,131. The firm has a market cap of $53.60 billion, a price-to-earnings ratio of 35.32, a price-to-earnings-growth ratio of 3.28 and a beta of 0.99. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10. AMETEK, Inc. has a 12-month low of $174.43 and a 12-month high of $244.71. The stock has a 50 day moving average price of $231.21 and a 200 day moving average price of $225.46.

AMETEK (NYSE:AME) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.07. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The firm had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same period in the previous year, the firm earned $1.75 EPS. AMETEK’s revenue was up 11.3% on a year-over-year basis. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. On average, equities analysts anticipate that AMETEK, Inc. will post 8.14 EPS for the current fiscal year.

AMETEK Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Monday, June 15th. AMETEK’s dividend payout ratio is currently 20.54%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Robert W. Baird set a $244.00 price objective on AMETEK in a research note on Friday, May 1st. Wall Street Zen cut shares of AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. BMO Capital Markets started coverage on shares of AMETEK in a report on Friday, March 27th. They issued an “outperform” rating and a $253.00 price objective for the company. Morgan Stanley raised their price objective on shares of AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Friday. Finally, Weiss Ratings raised shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $256.29.

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.