Danske Bank A S Makes New $58.34 Million Investment in AMETEK, Inc. $AME

Danske Bank A S acquired a new stake in shares of AMETEK, Inc. (NYSE:AME) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 310,329 shares of the technology company’s stock, valued at approximately $58,342,000. Danske Bank A S owned approximately 0.13% of AMETEK as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of AME. Darwin Wealth Management LLC acquired a new stake in AMETEK in the 2nd quarter worth approximately $25,000. TruNorth Capital Management LLC acquired a new position in AMETEK during the 3rd quarter valued at approximately $31,000. Grey Fox Wealth Advisors LLC purchased a new position in shares of AMETEK in the third quarter worth $39,000. Sound Income Strategies LLC raised its holdings in shares of AMETEK by 4,420.0% in the third quarter. Sound Income Strategies LLC now owns 226 shares of the technology company’s stock worth $41,000 after buying an additional 221 shares during the last quarter. Finally, Westside Investment Management Inc. lifted its stake in shares of AMETEK by 100.0% during the third quarter. Westside Investment Management Inc. now owns 224 shares of the technology company’s stock worth $42,000 after buying an additional 112 shares during the period. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Trading Down 1.4%

NYSE AME opened at $212.47 on Thursday. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $242.05. 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 capitalization of $48.67 billion, a PE ratio of 33.20, a P/E/G ratio of 3.08 and a beta of 1.02. The company has a fifty day moving average of $224.88 and a 200 day moving average of $204.70.

AMETEK (NYSE:AME) last announced its quarterly 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. The company had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.94 billion. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The firm’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period last year, the firm earned $1.87 EPS. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. Research analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be given a dividend of $0.34 per share. This is an increase from AMETEK’s previous quarterly dividend of $0.31. This represents a $1.36 annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, March 16th. AMETEK’s dividend payout ratio (DPR) is 21.25%.

Insider Transactions at AMETEK

In other AMETEK news, VP Thomas M. Montgomery sold 6,388 shares of the business’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 value of $1,309,859.40. Following the completion of the transaction, the vice president directly 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.57% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on AME shares. Truist Financial set a $265.00 target price on AMETEK in a research report on Wednesday, February 4th. DA Davidson reaffirmed a “buy” rating and set a $240.00 price target on shares of AMETEK in a research report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft began coverage on AMETEK in a report on Wednesday, January 21st. They issued a “buy” rating and a $271.00 price objective on the stock. Wall Street Zen upgraded AMETEK from a “hold” rating to a “buy” rating in a research note on Sunday, February 22nd. Finally, Oppenheimer downgraded AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. One 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. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $244.82.

About AMETEK

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.