Alps Advisors Inc. Increases Stock Position in AMETEK, Inc. $AME

Alps Advisors Inc. boosted its holdings in AMETEK, Inc. (NYSE:AME) by 60.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,900 shares of the technology company’s stock after buying an additional 5,226 shares during the period. Alps Advisors Inc.’s holdings in AMETEK were worth $2,613,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in AME. Norges Bank purchased a new position in shares of AMETEK in the second quarter valued at $650,613,000. Amundi boosted its stake in AMETEK by 266.1% in 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 period. Invesco Ltd. grew its holdings in AMETEK by 22.3% during the 2nd quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock valued at $769,890,000 after buying an additional 775,078 shares in the last quarter. EdgePoint Investment Group Inc. increased 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 valued at $529,585,000 after buying an additional 573,191 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in shares of AMETEK by 1.9% in the second quarter. Vanguard Group Inc. now owns 26,997,665 shares of the technology company’s stock worth $4,885,497,000 after buying an additional 513,402 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Insider Activity

In related news, VP Thomas M. Montgomery sold 6,388 shares of the stock in a transaction dated 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 completion of the sale, the vice president directly owned 22,116 shares in the company, valued at $4,534,885.80. This represents a 22.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Thomas C. Marecic sold 14,310 shares of AMETEK stock in a transaction that occurred on 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 directly owned 42,589 shares in the company, valued at $8,607,662.79. This trade represents a 25.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 137,088 shares of company stock valued at $27,212,340. Insiders own 0.57% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on AME. Mizuho set a $235.00 price objective on shares of AMETEK in a research note on Wednesday, February 4th. KeyCorp boosted 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. Robert W. Baird set a $245.00 price objective on AMETEK in a research report on Thursday, February 5th. Royal Bank Of Canada reissued an “outperform” rating and set a $257.00 price objective on shares of AMETEK in a research note on Wednesday, February 4th. Finally, Truist Financial set a $265.00 target price on AMETEK in a research note on Wednesday, February 4th. One 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 stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $243.00.

AMETEK Stock Down 0.1%

Shares of AME opened at $233.13 on Wednesday. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $235.73. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 0.67. The stock has a 50 day simple moving average of $212.47 and a two-hundred day simple moving average of $196.65. The firm has a market cap of $53.67 billion, a P/E ratio of 36.43, a P/E/G ratio of 3.34 and a beta of 1.03.

AMETEK (NYSE:AME) last announced its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.94 by $0.07. The company had revenue of $2 billion during the quarter, compared to analysts’ expectations of $1.94 billion. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The firm’s revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.87 EPS. 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 forecast that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

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.