Glenmede Investment Management LP Has $71.10 Million Stock Position in AMETEK, Inc. $AME

Glenmede Investment Management LP lowered its stake in AMETEK, Inc. (NYSE:AME) by 1.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 378,202 shares of the technology company’s stock after selling 6,803 shares during the quarter. Glenmede Investment Management LP owned about 0.16% of AMETEK worth $71,102,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Norges Bank bought a new stake in AMETEK in the 2nd quarter valued at $650,613,000. Amundi raised its stake in shares of AMETEK by 266.1% in the 2nd quarter. Amundi now owns 1,512,966 shares of the technology company’s stock valued at $275,345,000 after purchasing an additional 1,099,748 shares during the period. Invesco Ltd. raised 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 period. Compagnie Lombard Odier SCmA bought a new stake in shares of AMETEK in the third quarter valued at about $118,311,000. Finally, EdgePoint Investment Group Inc. boosted its position in shares of 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 period. Institutional investors own 87.43% of the company’s stock.

Insider Buying and Selling at AMETEK

In related news, insider Thomas C. Marecic sold 14,310 shares of AMETEK stock in a transaction dated 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 completion of the sale, the insider owned 42,589 shares of the company’s stock, valued at approximately $8,607,662.79. The trade was a 25.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Thomas M. Montgomery sold 6,388 shares of the company’s stock in a transaction dated 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 transaction, the vice president owned 22,116 shares in the company, valued at approximately $4,534,885.80. This trade represents a 22.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.57% of the company’s stock.

AMETEK Stock Down 0.6%

Shares of AME stock opened at $214.35 on Friday. AMETEK, Inc. has a 52-week low of $145.02 and a 52-week high of $242.05. The stock has a market cap of $49.10 billion, a price-to-earnings ratio of 33.49, a PEG ratio of 3.08 and a beta of 1.02. The firm’s 50-day moving average is $224.77 and its 200-day moving average is $203.99. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.67 and a current ratio of 1.06.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.07. The firm had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.94 billion. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The business’s revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. Sell-side analysts predict that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Increases Dividend

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

Analyst Ratings Changes

A number of research analysts recently issued reports on AME shares. Wall Street Zen upgraded AMETEK from a “hold” rating to a “buy” rating in a report on Sunday, February 22nd. Barclays raised 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. Morgan Stanley upped their target price on AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a report on Thursday. KeyCorp increased their price target on AMETEK from $235.00 to $260.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Finally, Robert W. Baird set a $245.00 price target on AMETEK in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $244.82.

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.