JPMorgan Chase & Co. Sells 545,379 Shares of AMETEK, Inc. $AME

JPMorgan Chase & Co. reduced its position in AMETEK, Inc. (NYSE:AME) by 11.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 4,202,542 shares of the technology company’s stock after selling 545,379 shares during the period. JPMorgan Chase & Co. owned about 1.83% of AMETEK worth $790,088,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. State of New Jersey Common Pension Fund D raised its stake in AMETEK by 5.1% in the third quarter. State of New Jersey Common Pension Fund D now owns 80,775 shares of the technology company’s stock valued at $15,186,000 after buying an additional 3,927 shares during the period. HighTower Advisors LLC raised its stake in AMETEK by 1.7% in the 3rd quarter. HighTower Advisors LLC now owns 54,244 shares of the technology company’s stock valued at $10,198,000 after acquiring an additional 900 shares during the period. Aberdeen Group plc lifted its holdings in AMETEK by 4.6% during the 3rd quarter. Aberdeen Group plc now owns 231,553 shares of the technology company’s stock valued at $43,270,000 after purchasing an additional 10,120 shares during the last quarter. Ameritas Advisory Services LLC boosted its position in AMETEK by 80.7% during the third quarter. Ameritas Advisory Services LLC now owns 732 shares of the technology company’s stock worth $138,000 after purchasing an additional 327 shares during the period. Finally, Public Sector Pension Investment Board raised its holdings in AMETEK by 14.2% in the 3rd quarter. Public Sector Pension Investment Board now owns 20,096 shares of the technology company’s stock valued at $3,778,000 after acquiring an additional 2,497 shares during the period. Institutional investors and hedge funds own 87.43% of the company’s stock.

AMETEK Trading Up 1.5%

NYSE:AME opened at $233.15 on Wednesday. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $239.94. The firm’s fifty day moving average is $215.74 and its 200-day moving average is $198.44. The firm has a market cap of $53.67 billion, a P/E ratio of 36.43, a P/E/G ratio of 3.28 and a beta of 1.03. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.67 and a current ratio of 1.06.

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

AMETEK Increases Dividend

The company 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 represents a $1.36 dividend on an annualized basis and a yield of 0.6%. This is a positive change from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s payout ratio is presently 19.38%.

Insiders Place Their Bets

In related news, VP Thomas M. Montgomery sold 6,388 shares of the stock in a transaction that occurred 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 completion of the sale, the vice president directly owned 22,116 shares of the company’s stock, valued at approximately $4,534,885.80. This trade represents a 22.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Thomas C. Marecic sold 14,310 shares of the business’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $202.11, for a total value of $2,892,194.10. Following the completion of the transaction, the insider directly owned 42,589 shares in the company, valued at approximately $8,607,662.79. This represents a 25.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 137,088 shares of company stock valued at $27,212,340. Corporate insiders own 0.57% of the company’s stock.

Wall Street Analysts Forecast Growth

AME has been the subject of several analyst reports. Morgan Stanley lifted their price objective on shares of AMETEK from $198.00 to $215.00 and gave the stock an “equal weight” rating in a research note on Monday, January 12th. Barclays upped their price objective on AMETEK from $210.00 to $220.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. Truist Financial set a $265.00 target price on AMETEK in a research report on Wednesday, February 4th. Oppenheimer lowered shares of AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, January 21st. 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’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $243.00.

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.