DNB Asset Management AS Cuts Holdings in AMETEK, Inc. $AME

DNB Asset Management AS lessened its stake in AMETEK, Inc. (NYSE:AME) by 20.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 72,593 shares of the technology company’s stock after selling 19,224 shares during the quarter. DNB Asset Management AS’s holdings in AMETEK were worth $13,647,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of AME. Darwin Wealth Management LLC purchased a new position in AMETEK in the 2nd quarter valued at $25,000. NewSquare Capital LLC raised its position in shares of AMETEK by 129.7% in the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock valued at $31,000 after buying an additional 96 shares during the last quarter. TruNorth Capital Management LLC purchased a new position in shares of AMETEK in the third quarter worth about $31,000. SouthState Corp boosted its position in AMETEK by 47.4% during the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after acquiring an additional 65 shares during the last quarter. Finally, AdvisorShares Investments LLC purchased a new stake in AMETEK during the 2nd quarter valued at about $39,000. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at AMETEK

In other AMETEK news, VP Thomas M. Montgomery sold 6,388 shares of AMETEK stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $205.05, for a total value 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David A. Zapico sold 28,390 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $201.76, for a total value of $5,727,966.40. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 49,088 shares of company stock worth $9,930,020 in the last quarter. Company insiders own 0.57% of the company’s stock.

AMETEK Stock Up 0.7%

AMETEK stock opened at $238.73 on Friday. AMETEK, Inc. has a 1-year low of $145.02 and a 1-year high of $239.94. The stock has a market cap of $54.66 billion, a PE ratio of 37.30, a P/E/G ratio of 3.42 and a beta of 1.03. 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 stock’s fifty day moving average is $220.97 and its two-hundred day moving average is $201.19.

AMETEK (NYSE:AME) last released its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, beating 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 company 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 posted $1.87 earnings per share. AMETEK’s revenue for the quarter was up 13.4% on a year-over-year basis. 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 expect that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Increases Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on AME shares. DA Davidson reiterated a “buy” rating and issued a $240.00 target price on shares of AMETEK in a report on Wednesday, February 4th. Morgan Stanley upped their price objective on AMETEK from $198.00 to $215.00 and gave the company an “equal weight” rating in a report on Monday, January 12th. Deutsche Bank Aktiengesellschaft initiated coverage on AMETEK in a research note on Wednesday, January 21st. They set a “buy” rating and a $271.00 target price for the company. Truist Financial set a $265.00 price target on AMETEK in a research note on Wednesday, February 4th. Finally, Wall Street Zen raised AMETEK from a “hold” rating to a “buy” rating in a research report on Sunday, February 22nd. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company 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.