AMETEK, Inc. $AME Position Lessened by American Century Companies Inc.

American Century Companies Inc. cut its position in shares of AMETEK, Inc. (NYSE:AME) by 0.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 476,262 shares of the technology company’s stock after selling 2,951 shares during the period. American Century Companies Inc. owned 0.21% of AMETEK worth $89,537,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in AMETEK during the second quarter valued at approximately $650,613,000. Amundi increased its stake in shares of AMETEK by 266.1% during the 2nd quarter. Amundi now owns 1,512,966 shares of the technology company’s stock worth $275,345,000 after purchasing an additional 1,099,748 shares during the last quarter. Invesco Ltd. lifted its stake in shares of AMETEK by 22.3% in the 2nd quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock valued at $769,890,000 after purchasing an additional 775,078 shares during the last quarter. Compagnie Lombard Odier SCmA bought a new stake in AMETEK in the third quarter worth $118,311,000. Finally, EdgePoint Investment Group Inc. increased its position in AMETEK by 24.4% during the second quarter. EdgePoint Investment Group Inc. now owns 2,926,530 shares of the technology company’s stock worth $529,585,000 after buying an additional 573,191 shares during the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Melius Research set a $235.00 price target on AMETEK in a research note on Monday, January 5th. Wall Street Zen raised AMETEK from a “hold” rating to a “buy” rating in a research report on Sunday, February 22nd. KeyCorp lifted their price target on shares of AMETEK from $235.00 to $260.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. DA Davidson reaffirmed a “buy” rating and set a $240.00 price objective on shares of AMETEK in a report on Wednesday, February 4th. Finally, Oppenheimer downgraded shares of AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $243.00.

AMETEK Price Performance

Shares of AME stock opened at $235.34 on Wednesday. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $242.05. The company has a market capitalization of $53.89 billion, a P/E ratio of 36.77, a P/E/G ratio of 3.45 and a beta of 1.02. The stock has a 50 day moving average of $222.21 and a two-hundred day moving average of $202.07. The company has a current ratio of 1.06, a quick ratio of 0.67 and a debt-to-equity ratio of 0.10.

AMETEK (NYSE:AME) last issued 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 business had revenue of $2 billion during the quarter, compared to analyst estimates of $1.94 billion. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.AMETEK’s revenue 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. As a group, equities analysts expect that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders 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. The ex-dividend date is Monday, March 16th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is presently 19.38%.

Insider Activity at AMETEK

In other AMETEK news, VP Thomas M. Montgomery sold 6,388 shares of AMETEK stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO David A. Zapico sold 28,390 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of $201.76, for a total value of $5,727,966.40. The SEC filing for this sale provides additional information. Insiders have sold a total of 49,088 shares of company stock valued at $9,930,020 over the last quarter. 0.57% of the stock is owned by company insiders.

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.