AMETEK, Inc. $AME Shares Sold by AXQ Capital LP

AXQ Capital LP reduced its position in AMETEK, Inc. (NYSE:AME) by 73.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,308 shares of the technology company’s stock after selling 9,110 shares during the period. AXQ Capital LP’s holdings in AMETEK were worth $622,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in AME. Darwin Wealth Management LLC acquired a new position in shares of AMETEK in the second quarter worth about $25,000. TruNorth Capital Management LLC purchased a new position in shares of AMETEK in the 3rd quarter valued at about $31,000. NewSquare Capital LLC raised its holdings in AMETEK by 129.7% in the 2nd quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock worth $31,000 after purchasing an additional 96 shares during the period. SouthState Corp raised its holdings in AMETEK by 47.4% in the 2nd quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after purchasing an additional 65 shares during the period. Finally, Grey Fox Wealth Advisors LLC purchased a new position in AMETEK during the third quarter worth approximately $39,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, VP Thomas M. Montgomery sold 6,388 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the completion of the sale, the vice president owned 22,116 shares in the company, valued at $4,534,885.80. This trade represents a 22.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Thomas C. Marecic sold 14,310 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $202.11, for a total value of $2,892,194.10. Following the completion of the transaction, the insider owned 42,589 shares in the company, valued at $8,607,662.79. This represents a 25.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 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.

Analyst Ratings Changes

A number of analysts have recently commented on AME shares. Melius Research set a $235.00 price objective on AMETEK in a research report on Monday, January 5th. TD Cowen reissued a “buy” rating on shares of AMETEK in a research note on Tuesday, February 3rd. KeyCorp upped their price objective on shares of AMETEK from $235.00 to $260.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft began coverage on shares of AMETEK in a report on Wednesday, January 21st. They set a “buy” rating and a $271.00 price objective on the stock. Finally, Robert W. Baird set a $245.00 target price on shares of AMETEK in a research note on Thursday, February 5th. One equities research 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $243.00.

AMETEK Price Performance

NYSE:AME opened at $236.59 on Wednesday. AMETEK, Inc. has a one year low of $145.02 and a one year high of $239.94. The stock has a market cap of $54.18 billion, a PE ratio of 36.97, a P/E/G ratio of 3.31 and a beta of 1.03. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.67 and a current ratio of 1.06. The stock has a 50 day moving average price of $218.89 and a 200 day moving average price of $200.20.

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, beating the consensus estimate of $1.94 by $0.07. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The company had revenue of $2 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same period in the prior year, the business earned $1.87 EPS. The firm’s quarterly revenue 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. Equities research analysts expect that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Increases Dividend

The company also recently disclosed 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. The ex-dividend date is Monday, March 16th. 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%. AMETEK’s dividend payout ratio (DPR) is 19.38%.

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.