AMETEK, Inc. $AME is Giverny Capital Inc.’s 3rd Largest Position

Giverny Capital Inc. cut its position in shares of AMETEK, Inc. (NYSE:AME) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 979,458 shares of the technology company’s stock after selling 17,218 shares during the quarter. AMETEK makes up 6.7% of Giverny Capital Inc.’s investment portfolio, making the stock its 3rd largest position. Giverny Capital Inc.’s holdings in AMETEK were worth $201,093,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of AME. Darwin Wealth Management LLC purchased a new stake in shares of AMETEK during the second quarter worth about $25,000. CoreCap Advisors LLC grew its holdings in shares of AMETEK by 84.3% during the fourth quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after buying an additional 59 shares in the last quarter. BOKF NA grew its holdings in shares of AMETEK by 137.7% during the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after buying an additional 84 shares in the last quarter. Transamerica Financial Advisors LLC grew its holdings in shares of AMETEK by 73.9% during the fourth quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock worth $31,000 after buying an additional 65 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of AMETEK during the fourth quarter worth about $32,000. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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

AMETEK Trading Up 0.3%

Shares of AME stock opened at $226.97 on Friday. The stock has a market cap of $52.02 billion, a price-to-earnings ratio of 34.29, a price-to-earnings-growth ratio of 3.19 and a beta of 1.00. 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 fifty-two week low of $174.43 and a fifty-two week high of $243.18. The firm’s 50 day moving average price is $228.92 and its two-hundred day moving average price is $220.38.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. The firm 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%. AMETEK’s revenue was up 11.3% compared to the same quarter last year. During the same period in the previous year, the company 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. On average, analysts anticipate that AMETEK, Inc. will post 8.13 EPS for the current year.

AMETEK Announces Dividend

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

Wall Street Analysts Forecast Growth

AME has been the subject of a number of recent research reports. Barclays lifted their price target on shares of AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Wall Street Zen cut shares of AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Morgan Stanley raised their target price on shares of AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 12th. Royal Bank Of Canada raised their target price on shares of AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a research report on Friday, May 1st. Finally, DA Davidson reissued a “buy” rating and issued a $265.00 target price on shares of AMETEK in a research report on Monday, May 4th. One investment 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. According to MarketBeat, AMETEK has a consensus rating of “Moderate Buy” and a consensus price target 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.