TimesSquare Capital Management LLC Cuts Stock Position in AMETEK, Inc. $AME

TimesSquare Capital Management LLC lessened its holdings in AMETEK, Inc. (NYSE:AME) by 4.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 236,650 shares of the technology company’s stock after selling 11,405 shares during the period. TimesSquare Capital Management LLC’s holdings in AMETEK were worth $48,587,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. ProShare Advisors LLC increased its stake in AMETEK by 7.5% in the 4th quarter. ProShare Advisors LLC now owns 45,257 shares of the technology company’s stock worth $9,292,000 after buying an additional 3,152 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in AMETEK by 13.5% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 4,310 shares of the technology company’s stock worth $885,000 after buying an additional 512 shares in the last quarter. Payden & Rygel purchased a new stake in AMETEK in the 4th quarter worth $10,081,000. Requisite Capital Management LLC increased its stake in AMETEK by 99.3% in the 4th quarter. Requisite Capital Management LLC now owns 4,164 shares of the technology company’s stock worth $855,000 after buying an additional 2,075 shares in the last quarter. Finally, North Dakota State Investment Board purchased a new stake in AMETEK in the 4th quarter worth $1,622,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Stock Down 0.9%

AME opened at $225.84 on Tuesday. 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 52 week low of $174.43 and a 52 week high of $243.18. The firm has a 50-day simple moving average of $225.06 and a two-hundred day simple moving average of $216.44. The company has a market capitalization of $51.76 billion, a PE ratio of 34.11, a price-to-earnings-growth ratio of 3.20 and a beta of 1.03.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter last year, the firm earned $1.75 EPS. The firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. Analysts forecast that AMETEK, Inc. will post 8.13 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $0.34 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is presently 20.54%.

Insider Activity at AMETEK

In related news, Director Thomas A. Amato sold 530 shares of the stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total value of $114,893.40. Following the completion of the transaction, the director owned 4,480 shares of the company’s stock, valued at approximately $971,174.40. This trade represents a 10.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

AME has been the subject of several research reports. Oppenheimer downgraded shares of AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. BMO Capital Markets initiated coverage on shares of AMETEK in a report on Friday, March 27th. They set an “outperform” rating and a $253.00 price objective for the company. Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Robert W. Baird set a $244.00 price objective on shares of AMETEK in a report on Friday, May 1st. Finally, Royal Bank Of Canada increased their price objective on shares of AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, AMETEK presently has an average rating of “Moderate Buy” and an average target price of $252.33.

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.