Bank of Montreal Can Acquires 23,424 Shares of AMETEK, Inc. $AME

Bank of Montreal Can increased its holdings in shares of AMETEK, Inc. (NYSE:AME) by 10.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 243,403 shares of the technology company’s stock after acquiring an additional 23,424 shares during the quarter. Bank of Montreal Can owned approximately 0.11% of AMETEK worth $45,760,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of AME. Legal & General Group Plc raised its stake in shares of AMETEK by 3.4% during the 3rd quarter. Legal & General Group Plc now owns 1,403,746 shares of the technology company’s stock worth $263,904,000 after purchasing an additional 46,625 shares during the period. Banque Cantonale Vaudoise bought a new position in AMETEK during the third quarter valued at about $437,000. Fieldview Capital Management LLC purchased a new stake in AMETEK during the third quarter worth about $431,000. LGT Group Foundation raised its position in AMETEK by 0.8% in the third quarter. LGT Group Foundation now owns 125,021 shares of the technology company’s stock worth $23,434,000 after acquiring an additional 1,041 shares during the period. Finally, Russell Investments Group Ltd. raised its position in AMETEK by 28.1% in the third quarter. Russell Investments Group Ltd. now owns 170,209 shares of the technology company’s stock worth $31,977,000 after acquiring an additional 37,325 shares during the period. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Insiders Place Their Bets

In other AMETEK news, insider Thomas C. Marecic sold 14,310 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was 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 trade represents a 25.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Thomas M. Montgomery sold 6,388 shares of AMETEK stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $205.05, for a total value of $1,309,859.40. Following the transaction, the vice president directly owned 22,116 shares of the company’s stock, valued at $4,534,885.80. The trade was a 22.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.57% of the company’s stock.

AMETEK Stock Performance

NYSE AME opened at $215.38 on Friday. The firm has a market cap of $49.32 billion, a P/E ratio of 33.65, a price-to-earnings-growth ratio of 3.20 and a beta of 1.02. 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 company’s 50 day moving average is $224.66 and its 200-day moving average is $203.79. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $242.05.

AMETEK (NYSE:AME) last released its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.07. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The business had revenue of $2 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same period in the previous year, the business earned $1.87 EPS. AMETEK’s revenue was up 13.4% compared to the same quarter last year. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. Sell-side analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. This is a boost from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date is Monday, March 16th. AMETEK’s dividend payout ratio (DPR) is presently 19.38%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Oppenheimer downgraded shares of AMETEK from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 27th. Morgan Stanley lifted their price target on shares of AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a report on Thursday. Barclays increased their price objective on AMETEK from $210.00 to $220.00 and gave the company an “equal weight” rating in a report on Wednesday, February 4th. Mizuho set a $235.00 target price on AMETEK in a research report on Wednesday, February 4th. Finally, Truist Financial set a $265.00 price target on AMETEK 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 issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $244.82.

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.