Lansforsakringar Fondforvaltning AB publ Grows Stake in AMETEK, Inc. $AME

Lansforsakringar Fondforvaltning AB publ lifted its stake in AMETEK, Inc. (NYSE:AME) by 7.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,592 shares of the technology company’s stock after buying an additional 5,051 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in AMETEK were worth $13,835,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Raiffeisen Bank International AG boosted its holdings in AMETEK by 10.4% in the 3rd quarter. Raiffeisen Bank International AG now owns 48,610 shares of the technology company’s stock worth $9,093,000 after acquiring an additional 4,583 shares during the period. Convergence Financial LLC boosted its stake in shares of AMETEK by 4.5% in the third quarter. Convergence Financial LLC now owns 11,597 shares of the technology company’s stock valued at $2,180,000 after purchasing an additional 499 shares during the period. Mendel Money Management grew its holdings in AMETEK by 0.5% during the 3rd quarter. Mendel Money Management now owns 27,197 shares of the technology company’s stock valued at $5,113,000 after purchasing an additional 139 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in AMETEK by 68.9% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 315,110 shares of the technology company’s stock worth $58,999,000 after buying an additional 128,501 shares during the period. Finally, King Luther Capital Management Corp boosted its position in AMETEK by 5.6% in the 3rd quarter. King Luther Capital Management Corp now owns 119,234 shares of the technology company’s stock valued at $22,416,000 after buying an additional 6,323 shares during the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Insider Buying and Selling

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 transaction of $1,309,859.40. Following the completion of the transaction, the vice president owned 22,116 shares in the company, valued at $4,534,885.80. The trade was a 22.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Thomas C. Marecic sold 14,310 shares of the 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 sale, the insider directly owned 42,589 shares in the company, valued at $8,607,662.79. This represents a 25.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 49,088 shares of company stock valued at $9,930,020. Insiders own 0.57% of the company’s stock.

AMETEK Stock Performance

Shares of AME opened at $231.20 on Tuesday. 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 12-month low of $145.02 and a 12-month high of $239.94. The business’s fifty day moving average price is $218.19 and its 200 day moving average price is $199.81. The stock has a market capitalization of $52.94 billion, a PE ratio of 36.12, a price-to-earnings-growth ratio of 3.34 and a beta of 1.03.

AMETEK (NYSE:AME) last posted its quarterly earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.94 by $0.07. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The company had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same period last year, the firm posted $1.87 EPS. The company’s revenue for the quarter was up 13.4% on a year-over-year basis. 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 forecast that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Monday, March 16th. This is a positive change from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s payout ratio is currently 19.38%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Barclays lifted their target price on AMETEK from $210.00 to $220.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. TD Cowen restated a “buy” rating on shares of AMETEK in a report on Tuesday, February 3rd. Mizuho set a $235.00 target price on AMETEK in a research note on Wednesday, February 4th. Oppenheimer lowered shares of AMETEK from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 27th. Finally, KeyCorp upped their price target on shares of AMETEK from $235.00 to $260.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, AMETEK presently has an average rating of “Moderate Buy” and a consensus target price of $243.00.

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.