AMETEK, Inc. $AME Shares Sold by Ascent Group LLC

Ascent Group LLC reduced its holdings in AMETEK, Inc. (NYSE:AME) by 12.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,418 shares of the technology company’s stock after selling 4,821 shares during the quarter. Ascent Group LLC’s holdings in AMETEK were worth $6,861,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in AME. Vanguard Group Inc. grew its holdings in AMETEK by 0.7% in the 3rd 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 during the period. State Street Corp boosted its position in shares of AMETEK by 1.3% in the third quarter. State Street Corp now owns 9,763,684 shares of the technology company’s stock worth $1,835,573,000 after acquiring an additional 126,381 shares during the last quarter. Invesco Ltd. boosted its position in shares of AMETEK by 4.9% in the third quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock worth $839,141,000 after acquiring an additional 209,043 shares during the last quarter. EdgePoint Investment Group Inc. grew its holdings in AMETEK by 24.4% in 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 purchasing an additional 573,191 shares during the period. Finally, Lazard Asset Management LLC increased its position in AMETEK by 35.7% during the third quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock worth $497,444,000 after purchasing an additional 695,419 shares during the last quarter. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Thomas A. Amato sold 530 shares of the company’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total transaction of $114,893.40. Following the completion of the transaction, the director owned 4,480 shares in the company, valued at approximately $971,174.40. This represents a 10.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.54% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on AME shares. Truist Financial set a $265.00 target price on AMETEK in a research report on Wednesday, February 4th. Melius Research set a $235.00 price target on AMETEK in a research report on Monday, January 5th. Royal Bank Of Canada restated an “outperform” rating and set a $257.00 price target on shares of AMETEK in a research note on Wednesday, February 4th. Oppenheimer lowered AMETEK from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 27th. Finally, TD Cowen reiterated a “buy” rating on shares of AMETEK in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $244.67.

AMETEK Stock Performance

AMETEK stock opened at $218.19 on Friday. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $242.05. The company has a current ratio of 1.06, a quick ratio of 0.67 and a debt-to-equity ratio of 0.10. The stock has a market cap of $49.98 billion, a P/E ratio of 34.09, a price-to-earnings-growth ratio of 3.14 and a beta of 1.04. The stock has a 50 day moving average of $224.65 and a 200-day moving average of $206.90.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Tuesday, February 3rd. The technology company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.94 by $0.07. The business had revenue of $2 billion for 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 company’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter last 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. On average, analysts expect that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were given a dividend of $0.34 per share. The ex-dividend date was Monday, March 16th. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. This is an increase from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s payout ratio is presently 21.25%.

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.