Advisors Asset Management Inc. Grows Stake in AMETEK, Inc. $AME

Advisors Asset Management Inc. boosted its position in shares of AMETEK, Inc. (NYSE:AMEFree Report) by 32.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,337 shares of the technology company’s stock after buying an additional 2,534 shares during the period. Advisors Asset Management Inc.’s holdings in AMETEK were worth $1,943,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in AME. KBC Group NV increased its holdings in shares of AMETEK by 3.2% in the 2nd quarter. KBC Group NV now owns 289,634 shares of the technology company’s stock valued at $52,412,000 after purchasing an additional 9,063 shares during the period. Principal Financial Group Inc. grew its position in AMETEK by 4.9% during the third 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. Mirae Asset Global Investments Co. Ltd. increased its stake in 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 buying an additional 6,911 shares during the period. Nordea Investment Management AB lifted its position in AMETEK by 246.0% in the 3rd quarter. Nordea Investment Management AB now owns 92,175 shares of the technology company’s stock worth $17,344,000 after buying an additional 65,537 shares in the last quarter. Finally, Valley National Advisers Inc. acquired a new stake in shares of AMETEK during the 3rd quarter valued at $2,061,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Stock Performance

NYSE:AME opened at $229.76 on Monday. The firm has a market capitalization of $52.89 billion, a PE ratio of 35.90, a PEG ratio of 3.28 and a beta of 1.03. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $239.94. The company has a current ratio of 1.06, a quick ratio of 0.67 and a debt-to-equity ratio of 0.10. The firm’s fifty day simple moving average is $214.39 and its 200 day simple moving average is $197.77.

AMETEK (NYSE:AMEGet Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.94 by $0.07. The company had revenue of $2 billion during the quarter, compared to analysts’ expectations of $1.94 billion. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The business’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.87 earnings per share. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. On average, sell-side analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be given a $0.34 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.36 annualized dividend and a yield of 0.6%. This is an increase from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s dividend payout ratio (DPR) is presently 19.38%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Oppenheimer lowered AMETEK from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 27th. Robert W. Baird set a $245.00 price objective on AMETEK in a report on Thursday, February 5th. Mizuho set a $235.00 target price on shares of AMETEK in a research note on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft began coverage on shares of AMETEK in a research report on Wednesday, January 21st. They issued a “buy” rating and a $271.00 target price for the company. Finally, DA Davidson restated a “buy” rating and set a $240.00 price target on shares of AMETEK in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, AMETEK presently has a consensus rating of “Moderate Buy” and a consensus price target of $243.00.

Get Our Latest Research Report on AMETEK

Insider Transactions at AMETEK

In other news, CEO David A. Zapico sold 88,000 shares of the stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $196.39, for a total value of $17,282,320.00. Following the completion of the sale, the chief executive officer directly owned 348,955 shares of the company’s stock, valued at approximately $68,531,272.45. This represents a 20.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Thomas M. Montgomery sold 6,388 shares of the business’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the transaction, the vice president directly owned 22,116 shares in the company, valued at $4,534,885.80. This trade represents a 22.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 137,088 shares of company stock worth $27,212,340 over the last three months. 0.57% of the stock is currently owned by insiders.

About AMETEK

(Free Report)

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.

See Also

Want to see what other hedge funds are holding AME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMETEK, Inc. (NYSE:AMEFree Report).

Institutional Ownership by Quarter for AMETEK (NYSE:AME)

Receive News & Ratings for AMETEK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMETEK and related companies with MarketBeat.com's FREE daily email newsletter.