PensionDanmark Pensionsforsikringsaktieselskab Has $13.10 Million Stock Holdings in AMETEK, Inc. $AME

PensionDanmark Pensionsforsikringsaktieselskab increased its position in shares of AMETEK, Inc. (NYSE:AMEFree Report) by 7.7% during the second quarter, Holdings Channel reports. The institutional investor owned 54,147 shares of the technology company’s stock after purchasing an additional 3,880 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in AMETEK were worth $13,100,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Assenagon Asset Management S.A. grew its stake in AMETEK by 2,687.2% in the second quarter. Assenagon Asset Management S.A. now owns 158,621 shares of the technology company’s stock valued at $38,377,000 after acquiring an additional 152,930 shares during the period. Foster Group Inc. purchased a new stake in AMETEK in the 2nd quarter valued at $244,000. Mechanics Bank Trust Department bought a new position in shares of AMETEK during the second quarter valued at about $250,000. GAMMA Investing LLC boosted its stake in shares of AMETEK by 6.8% in the 2nd quarter. GAMMA Investing LLC now owns 8,388 shares of the technology company’s stock worth $2,029,000 after buying an additional 532 shares during the last quarter. Finally, Canandaigua National Bank & Trust Co. purchased a new position in shares of AMETEK in the 2nd quarter worth about $387,000. Institutional investors own 87.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on AME shares. Citigroup upped their price objective on AMETEK from $257.00 to $261.00 and gave the company a “neutral” rating in a research note on Wednesday. BNP Paribas Exane lifted their price objective on AMETEK from $270.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday. Morgan Stanley increased their target price on AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Friday, July 10th. Rothschild & Co Redburn set a $265.00 price objective on shares of AMETEK in a research report on Thursday, June 18th. Finally, TD Cowen restated a “buy” rating on shares of AMETEK in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $266.80.

Check Out Our Latest Stock Report on AME

More AMETEK News

Here are the key news stories impacting AMETEK this week:

AMETEK Price Performance

Shares of AMETEK stock opened at $253.97 on Friday. The firm has a market capitalization of $58.21 billion, a PE ratio of 37.13, a price-to-earnings-growth ratio of 3.21 and a beta of 0.98. The company has a current ratio of 1.21, a quick ratio of 0.72 and a debt-to-equity ratio of 0.09. AMETEK, Inc. has a 12 month low of $179.24 and a 12 month high of $257.95. The business’s 50-day moving average price is $236.09 and its 200-day moving average price is $229.89.

AMETEK (NYSE:AMEGet Free Report) last released its earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.99 by $0.10. The company had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.AMETEK’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.78 EPS. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. Sell-side analysts forecast that AMETEK, Inc. will post 8.33 EPS for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Tuesday, September 15th. AMETEK’s payout ratio is presently 19.88%.

About AMETEK

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding AME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMETEK, Inc. (NYSE:AMEFree Report).

Institutional Ownership by Quarter for AMETEK (NYSE:AME)

Receive News & Ratings for AMETEK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMETEK and related companies with MarketBeat.com's FREE daily email newsletter.