AMETEK, Inc. $AME Shares Sold by Ascent Group LLC

Ascent Group LLC reduced its stake in AMETEK, Inc. (NYSE:AME) by 12.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,418 shares of the technology company’s stock after selling 4,821 shares during the period. Ascent Group LLC’s holdings in AMETEK were worth $6,861,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Darwin Wealth Management LLC purchased a new position in AMETEK in the second quarter worth approximately $25,000. CoreCap Advisors LLC grew its holdings in AMETEK by 84.3% during the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after acquiring an additional 59 shares in the last quarter. TruNorth Capital Management LLC purchased a new stake in shares of AMETEK in the 3rd quarter valued at approximately $31,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of AMETEK in the 3rd quarter valued at $39,000. Finally, Sound Income Strategies LLC lifted its position in shares of AMETEK by 4,420.0% during the 3rd quarter. Sound Income Strategies LLC now owns 226 shares of the technology company’s stock worth $41,000 after purchasing an additional 221 shares during the last quarter. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Thomas A. Amato sold 530 shares of the business’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total value of $114,893.40. Following the sale, the director directly owned 4,480 shares in the company, valued at $971,174.40. The trade was a 10.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Barclays upped their price objective on AMETEK from $210.00 to $220.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. Mizuho set a $235.00 target price on AMETEK in a research note on Wednesday, February 4th. Robert W. Baird lowered their price target on AMETEK from $245.00 to $235.00 and set a “neutral” rating for the company in a report on Monday, March 30th. KeyCorp increased their price target on shares of AMETEK from $235.00 to $260.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. Finally, Oppenheimer cut shares of AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $244.67.

AMETEK Stock Performance

NYSE:AME opened at $218.19 on Friday. 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 firm has a market cap of $49.98 billion, a price-to-earnings ratio of 34.09, a price-to-earnings-growth ratio of 3.14 and a beta of 1.04. The firm’s fifty day moving average price is $224.65 and its 200 day moving average price is $206.90. AMETEK, Inc. has a 1-year low of $145.02 and a 1-year high of $242.05.

AMETEK (NYSE:AME) last posted its quarterly 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 for the quarter was up 13.4% on a year-over-year basis. During the same period in the prior 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. On average, sell-side analysts expect that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were given a dividend of $0.34 per share. The ex-dividend date was Monday, March 16th. This is a positive change from AMETEK’s previous quarterly dividend of $0.31. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is presently 21.25%.

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.