AMETEK, Inc. $AME Shares Sold by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. lessened its position in AMETEK, Inc. (NYSE:AME) by 5.7% in the 4th quarter, Holdings Channel reports. The fund owned 68,760 shares of the technology company’s stock after selling 4,168 shares during the period. Resona Asset Management Co. Ltd.’s holdings in AMETEK were worth $14,158,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Principal Financial Group Inc. increased its holdings in shares of AMETEK by 4.9% in the 3rd quarter. Principal Financial Group Inc. now owns 2,043,029 shares of the technology company’s stock valued at $384,096,000 after purchasing an additional 94,645 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of AMETEK by 3.1% in the 3rd quarter. Captrust Financial Advisors now owns 268,096 shares of the technology company’s stock valued at $50,402,000 after purchasing an additional 8,101 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of AMETEK by 22.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 37,853 shares of the technology company’s stock valued at $7,116,000 after purchasing an additional 6,911 shares in the last quarter. Y.D. More Investments Ltd purchased a new position in shares of AMETEK in the 4th quarter valued at about $1,653,000. Finally, Massachusetts Financial Services Co. MA increased its holdings in shares of AMETEK by 10.9% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 959,937 shares of the technology company’s stock valued at $197,085,000 after purchasing an additional 94,544 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Price Performance

AMETEK stock opened at $224.57 on Thursday. AMETEK, Inc. has a 12-month low of $174.43 and a 12-month high of $243.18. The stock has a market capitalization of $51.47 billion, a P/E ratio of 33.92, a P/E/G ratio of 3.10 and a beta of 1.03. The firm’s 50-day moving average is $225.03 and its two-hundred day moving average is $216.89. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.72.

AMETEK (NYSE:AME) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.07. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The company had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.91 billion. During the same period last year, the company 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. Equities analysts predict that AMETEK, Inc. will post 8.13 earnings per share for the current year.

AMETEK Dividend Announcement

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

Insider Activity

In other AMETEK news, Director Thomas A. Amato sold 530 shares of the firm’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total transaction of $114,893.40. Following the sale, the director directly owned 4,480 shares of the company’s stock, valued at $971,174.40. This trade represents a 10.58% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.54% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on AME shares. Mizuho set a $270.00 price target on shares of AMETEK in a report on Friday, May 1st. TD Cowen restated a “buy” rating on shares of AMETEK in a report on Tuesday, February 3rd. Truist Financial restated a “buy” rating and set a $275.00 target price (up from $265.00) on shares of AMETEK in a report on Monday, May 4th. BMO Capital Markets started coverage on shares of AMETEK in a report on Friday, March 27th. They set an “outperform” rating and a $253.00 target price for the company. Finally, Robert W. Baird set a $244.00 target price on shares of AMETEK in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, AMETEK has a consensus rating of “Moderate Buy” and a consensus target price of $252.33.

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.