Capital International Investors lowered its stake in shares of AMETEK, Inc. (NYSE:AME – Free Report) by 3.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 394,891 shares of the technology company’s stock after selling 14,964 shares during the period. Capital International Investors’ holdings in AMETEK were worth $81,270,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in AMETEK by 0.7% in the third quarter. Vanguard Group Inc. now owns 27,173,705 shares of the technology company’s stock valued at $5,108,657,000 after purchasing an additional 176,040 shares during the period. State Street Corp raised its position in AMETEK by 1.3% in the third quarter. State Street Corp now owns 9,763,684 shares of the technology company’s stock valued at $1,835,573,000 after purchasing an additional 126,381 shares during the period. Geode Capital Management LLC raised its position in AMETEK by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 5,891,236 shares of the technology company’s stock valued at $1,204,722,000 after purchasing an additional 37,651 shares during the period. Invesco Ltd. raised its position in AMETEK by 4.9% in the third quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock valued at $839,141,000 after purchasing an additional 209,043 shares during the period. Finally, Norges Bank purchased a new stake in AMETEK in the fourth quarter valued at $831,372,000. Institutional investors and hedge funds own 87.43% of the company’s stock.
Wall Street Analyst Weigh In
AME has been the topic of a number of research analyst reports. Royal Bank Of Canada lifted their target price on AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, May 1st. Barclays lifted their target price on AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. BMO Capital Markets initiated coverage on AMETEK in a research report on Friday, March 27th. They issued an “outperform” rating and a $253.00 target price on the stock. Mizuho set a $270.00 target price on AMETEK in a research report on Friday, May 1st. Finally, Wall Street Zen downgraded AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. One research 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 stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $252.33.
Insider Activity
In related news, Director Thomas A. Amato sold 530 shares of AMETEK stock in a transaction 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 completion of the transaction, the director directly owned 4,480 shares in the company, valued at approximately $971,174.40. This trade represents a 10.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.54% of the company’s stock.
AMETEK Stock Down 0.3%
Shares of AME opened at $225.95 on Tuesday. The stock has a market capitalization of $51.79 billion, a PE ratio of 34.13, a P/E/G ratio of 3.18 and a beta of 1.00. AMETEK, Inc. has a 1 year low of $174.43 and a 1 year high of $243.18. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.72 and a current ratio of 1.14. The company’s 50-day simple moving average is $227.83 and its 200-day simple moving average is $219.62.
AMETEK (NYSE:AME – Get Free Report) last issued 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. The business had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.91 billion. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The business’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $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 forecast that AMETEK, Inc. will post 8.13 earnings per share for the current fiscal year.
AMETEK Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given 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 is currently 20.54%.
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.
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