Banco Santander S.A. Has $12.02 Million Stake in AMETEK, Inc. $AME

Banco Santander S.A. grew its stake in AMETEK, Inc. (NYSE:AME) by 41.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,955 shares of the technology company’s stock after purchasing an additional 18,590 shares during the period. Banco Santander S.A.’s holdings in AMETEK were worth $12,024,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in AME. Vanguard Group Inc. boosted its position in AMETEK by 0.7% in the third quarter. Vanguard Group Inc. now owns 27,173,705 shares of the technology company’s stock valued at $5,108,657,000 after buying an additional 176,040 shares in the last quarter. State Street Corp boosted its holdings in shares of AMETEK by 1.3% during the 2nd quarter. State Street Corp now owns 9,637,303 shares of the technology company’s stock valued at $1,743,966,000 after acquiring an additional 126,105 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of AMETEK by 1.8% during the 2nd quarter. Geode Capital Management LLC now owns 5,794,236 shares of the technology company’s stock valued at $1,044,009,000 after acquiring an additional 104,139 shares in the last quarter. Invesco Ltd. increased its holdings in AMETEK by 22.3% in the 2nd quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock worth $769,890,000 after purchasing an additional 775,078 shares in the last quarter. Finally, Flossbach Von Storch SE increased its holdings in AMETEK by 0.4% in the 2nd quarter. Flossbach Von Storch SE now owns 3,785,676 shares of the technology company’s stock worth $685,056,000 after purchasing an additional 15,610 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at AMETEK

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 of the company’s stock, 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 SEC, which is available through this link. Also, insider Thomas C. Marecic sold 14,310 shares of the business’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the transaction, the insider owned 42,589 shares in the company, valued at $8,607,662.79. The trade was a 25.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 49,088 shares of company stock valued at $9,930,020 in the last quarter. 0.57% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. KeyCorp boosted their price target on AMETEK from $235.00 to $260.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Oppenheimer lowered shares of AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. DA Davidson reaffirmed a “buy” rating and set a $240.00 price target on shares of AMETEK in a research note on Wednesday, February 4th. Melius Research set a $235.00 price objective on shares of AMETEK in a research note on Monday, January 5th. Finally, Barclays raised their target price on AMETEK from $210.00 to $220.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. One 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 stock. According to data from MarketBeat, AMETEK presently has a consensus rating of “Moderate Buy” and an average target price of $243.00.

AMETEK Price Performance

AME stock opened at $238.73 on Friday. 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 firm has a market cap of $54.66 billion, a price-to-earnings ratio of 37.30, a PEG ratio of 3.39 and a beta of 1.03. The company’s fifty day simple moving average is $220.97 and its 200 day simple moving average is $201.07. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $239.94.

AMETEK (NYSE:AME) last posted its quarterly earnings data 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. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The firm had revenue of $2 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same period last year, the company posted $1.87 EPS. The business’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. On average, analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Increases Dividend

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