Capital World Investors Sells 1,041,777 Shares of AMETEK, Inc. $AME

Capital World Investors lessened its position in AMETEK, Inc. (NYSE:AME) by 36.7% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,794,479 shares of the technology company’s stock after selling 1,041,777 shares during the period. Capital World Investors’ holdings in AMETEK were worth $337,362,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in AME. Norges Bank purchased a new position in AMETEK in the 2nd quarter worth approximately $650,613,000. Amundi lifted its position in AMETEK by 266.1% in the 2nd quarter. Amundi now owns 1,512,966 shares of the technology company’s stock valued at $275,345,000 after acquiring an additional 1,099,748 shares in the last quarter. Invesco Ltd. boosted its stake in AMETEK by 22.3% during the 2nd quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock valued at $769,890,000 after purchasing an additional 775,078 shares during the last quarter. Compagnie Lombard Odier SCmA bought a new stake in shares of AMETEK in the 3rd quarter worth $118,311,000. Finally, EdgePoint Investment Group Inc. raised its stake in shares of AMETEK by 24.4% in the second quarter. EdgePoint Investment Group Inc. now owns 2,926,530 shares of the technology company’s stock worth $529,585,000 after purchasing an additional 573,191 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Insider Activity

In related news, VP Thomas M. Montgomery sold 6,388 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $205.05, for a total value of $1,309,859.40. Following the transaction, the vice president directly owned 22,116 shares of the company’s stock, valued at approximately $4,534,885.80. The trade was a 22.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO David A. Zapico sold 28,390 shares of the business’s stock in a transaction on 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 49,088 shares of company stock worth $9,930,020 over the last ninety days. Corporate insiders own 0.57% of the company’s stock.

AMETEK Price Performance

Shares of NYSE:AME opened at $224.12 on Thursday. The company has a quick ratio of 0.67, a current ratio of 1.06 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $51.32 billion, a PE ratio of 35.02, a price-to-earnings-growth ratio of 3.23 and a beta of 1.02. The firm’s 50 day moving average price is $224.46 and its 200-day moving average price is $203.71. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $242.05.

AMETEK (NYSE:AME) last issued its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, beating 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 net margin of 20.00% and a return on equity of 16.55%. The company’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the firm 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 research analysts expect that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Increases Dividend

The firm also recently declared 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. This is a boost 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%. The ex-dividend date of this dividend is Monday, March 16th. AMETEK’s payout ratio is 21.25%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on AME. Morgan Stanley upped their price target on AMETEK from $198.00 to $215.00 and gave the company an “equal weight” rating in a report on Monday, January 12th. Wall Street Zen upgraded shares of AMETEK from a “hold” rating to a “buy” rating in a research note on Sunday, February 22nd. Truist Financial set a $265.00 price target on shares of AMETEK in a research note on Wednesday, February 4th. Melius Research set a $235.00 price objective on shares of AMETEK in a report on Monday, January 5th. Finally, Oppenheimer downgraded shares of AMETEK from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 27th. 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 stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $243.00.

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.