Massachusetts Financial Services Co. MA Buys 94,544 Shares of AMETEK, Inc. $AME

Massachusetts Financial Services Co. MA increased its stake in shares of AMETEK, Inc. (NYSE:AME) by 10.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 959,937 shares of the technology company’s stock after acquiring an additional 94,544 shares during the quarter. Massachusetts Financial Services Co. MA owned approximately 0.42% of AMETEK worth $197,085,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of AME. Nordea Investment Management AB grew its position in AMETEK by 825.0% during the 4th quarter. Nordea Investment Management AB now owns 852,585 shares of the technology company’s stock worth $176,153,000 after acquiring an additional 760,410 shares during the last quarter. Lazard Asset Management LLC grew its position in AMETEK by 35.7% during the 3rd quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock worth $497,444,000 after acquiring an additional 695,419 shares during the last quarter. Man Group plc grew its position in AMETEK by 411.8% during the 3rd quarter. Man Group plc now owns 785,020 shares of the technology company’s stock worth $147,584,000 after acquiring an additional 631,649 shares during the last quarter. Compagnie Lombard Odier SCmA bought a new position in AMETEK during the 3rd quarter worth approximately $118,311,000. Finally, AQR Capital Management LLC grew its position in shares of AMETEK by 343.5% in the 2nd quarter. AQR Capital Management LLC now owns 656,112 shares of the technology company’s stock worth $118,349,000 after buying an additional 508,164 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

AME has been the topic of a number of recent analyst reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a $257.00 price objective on shares of AMETEK in a research report on Wednesday, February 4th. BMO Capital Markets initiated coverage on AMETEK in a research report on Friday, March 27th. They issued an “outperform” rating and a $253.00 price objective on the stock. Truist Financial set a $265.00 price objective on AMETEK in a research report on Wednesday, February 4th. Melius Research set a $235.00 price objective on AMETEK in a research report on Monday, January 5th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on AMETEK in a research report on Wednesday, January 21st. They issued a “buy” rating and a $271.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $244.67.

Insider Transactions at AMETEK

In other AMETEK news, Director Thomas A. Amato sold 530 shares of AMETEK stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total transaction of $114,893.40. Following the completion of the transaction, the director owned 4,480 shares in the company, valued at approximately $971,174.40. The trade was a 10.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.54% of the company’s stock.

AMETEK Trading Up 0.0%

AME opened at $234.91 on Monday. The stock has a market cap of $53.81 billion, a PE ratio of 36.71, a PEG ratio of 3.37 and a beta of 1.04. The company has a quick ratio of 0.67, a current ratio of 1.06 and a debt-to-equity ratio of 0.10. The business has a 50 day moving average of $225.08 and a 200-day moving average of $208.43. AMETEK, Inc. has a 52 week low of $153.53 and a 52 week high of $242.05.

AMETEK (NYSE:AME) last released 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 company 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 firm’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter last year, the business posted $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. Equities research analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Increases Dividend

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

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.