AMETEK, Inc. $AME Holdings Trimmed by Gabelli Funds LLC

Gabelli Funds LLC reduced its stake in shares of AMETEK, Inc. (NYSE:AME) by 1.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 953,677 shares of the technology company’s stock after selling 15,500 shares during the quarter. AMETEK makes up approximately 1.2% of Gabelli Funds LLC’s investment portfolio, making the stock its 6th largest position. Gabelli Funds LLC owned approximately 0.41% of AMETEK worth $179,291,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AME. KBC Group NV lifted its stake in AMETEK by 3.2% in the second quarter. KBC Group NV now owns 289,634 shares of the technology company’s stock worth $52,412,000 after acquiring an additional 9,063 shares during the period. Principal Financial Group Inc. increased its position in AMETEK by 4.9% during the 3rd 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 during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of 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 purchasing an additional 6,911 shares in the last quarter. Nordea Investment Management AB lifted its position in shares of 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 purchasing an additional 65,537 shares during the period. Finally, Compagnie Lombard Odier SCmA purchased a new stake in shares of AMETEK in the 3rd quarter worth approximately $118,311,000. Institutional investors own 87.43% of the company’s stock.

Insider Buying and Selling

In other AMETEK news, CEO David A. Zapico sold 28,390 shares of the company’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. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Thomas M. Montgomery sold 6,388 shares of the firm’s stock in a transaction that occurred 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 sale, the vice president directly owned 22,116 shares in the company, valued at $4,534,885.80. The trade was a 22.41% decrease in their position. 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 over the last ninety days. Company insiders own 0.57% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on AME shares. Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a report on Sunday, February 22nd. Melius Research set a $235.00 target price on AMETEK in a research report on Monday, January 5th. Deutsche Bank Aktiengesellschaft started coverage on AMETEK in a report on Wednesday, January 21st. They issued a “buy” rating and a $271.00 price target on the stock. Mizuho set a $235.00 price target on AMETEK in a research report on Wednesday, February 4th. Finally, DA Davidson reaffirmed a “buy” rating and set a $240.00 price objective on shares of AMETEK in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $243.00.

AMETEK Stock Down 2.1%

AME stock opened at $222.02 on Friday. The company has a market capitalization of $50.84 billion, a P/E ratio of 34.69, a price-to-earnings-growth ratio of 3.24 and a beta of 1.02. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $242.05. The firm’s fifty day simple moving average is $223.37 and its 200-day simple moving average is $202.73. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 0.67.

AMETEK (NYSE:AME) last issued its earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.07. The firm 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 firm’s revenue was up 13.4% compared to the same quarter last year. During the same quarter last year, the company posted $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. As a group, equities research analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 0.6%. This is a positive change 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%.

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.