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

Meiji Yasuda Asset Management Co Ltd. reduced its holdings in shares of AMETEK, Inc. (NYSE:AME) by 10.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,386 shares of the technology company’s stock after selling 3,558 shares during the period. Meiji Yasuda Asset Management Co Ltd.’s holdings in AMETEK were worth $6,444,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. CoreCap Advisors LLC increased its position in AMETEK by 84.3% during the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock valued at $26,000 after buying an additional 59 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in AMETEK during the 2nd quarter valued at about $25,000. BOKF NA increased its position in AMETEK by 137.7% during the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after buying an additional 84 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new position in AMETEK during the 4th quarter valued at about $32,000. Finally, ORG Partners LLC increased its position in AMETEK by 42.6% during the 4th quarter. ORG Partners LLC now owns 201 shares of the technology company’s stock valued at $41,000 after buying an additional 60 shares in the last quarter. 87.43% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at AMETEK

In other news, Director Thomas A. Amato sold 530 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total value of $114,893.40. Following the transaction, the director owned 4,480 shares in the company, valued at $971,174.40. This trade represents a 10.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.54% of the stock is currently owned by company insiders.

AMETEK Stock Performance

Shares of AME stock opened at $223.11 on Friday. The company has a market capitalization of $51.14 billion, a P/E ratio of 33.70, a P/E/G ratio of 3.15 and a beta of 1.03. The business’s 50 day moving average is $224.96 and its two-hundred day moving average is $217.03. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10. AMETEK, Inc. has a 12-month low of $174.43 and a 12-month high of $243.18.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.07. The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.AMETEK’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.75 earnings per share. 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 expect that AMETEK, Inc. will post 8.13 EPS for the current fiscal year.

AMETEK Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Mizuho set a $270.00 price objective on AMETEK in a report on Friday, May 1st. Royal Bank Of Canada increased their price objective on AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a report on Friday, May 1st. Robert W. Baird set a $244.00 price objective on AMETEK in a report on Friday, May 1st. BMO Capital Markets assumed coverage on AMETEK in a report on Friday, March 27th. They issued an “outperform” rating and a $253.00 price objective on the stock. Finally, TD Cowen reissued a “buy” rating on shares of AMETEK in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus 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.