AMETEK, Inc. $AME Shares Purchased by Cornerstone Capital Inc.

Cornerstone Capital Inc. boosted its holdings in shares of AMETEK, Inc. (NYSE:AME) by 5.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 122,785 shares of the technology company’s stock after purchasing an additional 6,595 shares during the period. AMETEK comprises approximately 2.3% of Cornerstone Capital Inc.’s investment portfolio, making the stock its 16th biggest holding. Cornerstone Capital Inc. owned approximately 0.05% of AMETEK worth $23,084,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in shares of AMETEK by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 27,173,705 shares of the technology company’s stock valued at $5,108,657,000 after buying an additional 176,040 shares during the period. State Street Corp grew its holdings in AMETEK by 1.3% during the second quarter. State Street Corp now owns 9,637,303 shares of the technology company’s stock worth $1,743,966,000 after acquiring an additional 126,105 shares during the period. Geode Capital Management LLC raised its position in AMETEK by 1.8% during the second quarter. Geode Capital Management LLC now owns 5,794,236 shares of the technology company’s stock valued at $1,044,009,000 after acquiring an additional 104,139 shares in the last quarter. Invesco Ltd. lifted its holdings in AMETEK by 22.3% in the second quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock valued at $769,890,000 after acquiring an additional 775,078 shares during the period. Finally, Flossbach Von Storch SE boosted its position in AMETEK by 0.4% in the 2nd quarter. Flossbach Von Storch SE now owns 3,785,676 shares of the technology company’s stock worth $685,056,000 after purchasing an additional 15,610 shares in the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, VP Thomas M. Montgomery sold 6,388 shares of the company’s stock in a transaction on 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 completion of the sale, the vice president owned 22,116 shares of the company’s stock, valued at $4,534,885.80. This represents 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 through this hyperlink. Also, insider Thomas C. Marecic sold 14,310 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the completion of the transaction, the insider directly owned 42,589 shares in the company, valued at approximately $8,607,662.79. This represents a 25.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 49,088 shares of company stock valued at $9,930,020 in the last 90 days. 0.57% of the stock is owned by insiders.

AMETEK Trading Down 1.0%

Shares of AMETEK stock opened at $231.20 on Tuesday. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $239.94. The firm’s 50-day moving average price is $218.19 and its 200 day moving average price is $199.81. 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 has a market capitalization of $52.94 billion, a PE ratio of 36.12, a P/E/G ratio of 3.34 and a beta of 1.03.

AMETEK (NYSE:AME) last announced its earnings results on Tuesday, February 3rd. The technology company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.07. The business had revenue of $2 billion during the quarter, compared to analysts’ expectations of $1.94 billion. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The business’s revenue was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the firm 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 predict that AMETEK, Inc. will post 7.15 EPS for the current fiscal 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 paid a dividend of $0.34 per share. This is a boost from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.36 annualized dividend and a yield of 0.6%. AMETEK’s dividend payout ratio is presently 19.38%.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Melius Research set a $235.00 price target on shares of AMETEK in a research report on Monday, January 5th. Barclays raised their target price on AMETEK from $210.00 to $220.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a report on Wednesday, January 21st. TD Cowen reiterated a “buy” rating on shares of AMETEK in a research report on Tuesday, February 3rd. Finally, KeyCorp boosted their price objective on AMETEK from $235.00 to $260.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. One 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. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $243.00.

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.