Aberdeen Group plc Boosts Stake in AMETEK, Inc. $AME

Aberdeen Group plc boosted its position in AMETEK, Inc. (NYSE:AME) by 4.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 231,553 shares of the technology company’s stock after purchasing an additional 10,120 shares during the period. Aberdeen Group plc owned approximately 0.10% of AMETEK worth $43,270,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. KBC Group NV grew its stake in AMETEK by 3.2% during the 2nd quarter. KBC Group NV now owns 289,634 shares of the technology company’s stock worth $52,412,000 after buying an additional 9,063 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of AMETEK by 4.9% during the third quarter. Principal Financial Group Inc. now owns 2,043,029 shares of the technology company’s stock worth $384,096,000 after purchasing an additional 94,645 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of AMETEK by 22.3% during 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 last quarter. Nordea Investment Management AB lifted its holdings in AMETEK by 246.0% in the third quarter. Nordea Investment Management AB now owns 92,175 shares of the technology company’s stock valued at $17,344,000 after acquiring an additional 65,537 shares during the period. Finally, Valley National Advisers Inc. purchased a new stake in AMETEK in the 3rd quarter worth approximately $2,061,000. Institutional investors own 87.43% of the company’s stock.

AMETEK Stock Up 0.5%

AME stock opened at $229.76 on Tuesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 0.67. The company has a market cap of $52.89 billion, a price-to-earnings ratio of 35.90, a price-to-earnings-growth ratio of 3.28 and a beta of 1.03. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $239.94. The company has a fifty day moving average price of $215.00 and a 200 day moving average price of $198.08.

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

AMETEK Increases Dividend

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

Insiders Place Their Bets

In related news, VP Thomas M. Montgomery sold 6,388 shares of the business’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the sale, the vice president owned 22,116 shares of the company’s stock, valued at approximately $4,534,885.80. The trade was a 22.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO David A. Zapico sold 28,390 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $201.76, for a total value of $5,727,966.40. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 137,088 shares of company stock worth $27,212,340. Corporate insiders own 0.57% of the company’s stock.

Analysts Set New Price Targets

AME has been the subject of several recent analyst reports. Truist Financial set a $265.00 price target on AMETEK in a research note on Wednesday, February 4th. TD Cowen reiterated a “buy” rating on shares of AMETEK in a research report on Tuesday, February 3rd. Morgan Stanley boosted their target price on AMETEK from $198.00 to $215.00 and gave the stock an “equal weight” rating in a report on Monday, January 12th. Oppenheimer cut AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. Finally, Wall Street Zen cut shares of AMETEK from a “buy” rating to a “hold” rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $243.00.

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.