AMETEK, Inc. $AME Shares Purchased by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S grew its stake in shares of AMETEK, Inc. (NYSE:AME) by 58.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 18,814 shares of the technology company’s stock after acquiring an additional 6,955 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in AMETEK were worth $3,863,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Darwin Wealth Management LLC bought a new stake in shares of AMETEK during the 2nd quarter worth about $25,000. CoreCap Advisors LLC raised its position in shares of AMETEK by 84.3% during the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after buying an additional 59 shares in the last quarter. BOKF NA raised its position in shares of AMETEK by 137.7% during the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after buying an additional 84 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of AMETEK during the 4th quarter worth about $32,000. Finally, ORG Partners LLC raised its position in shares of AMETEK by 42.6% during the 4th quarter. ORG Partners LLC now owns 201 shares of the technology company’s stock worth $41,000 after buying an additional 60 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Thomas A. Amato sold 530 shares of the business’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total transaction of $114,893.40. Following the sale, the director owned 4,480 shares in the company, valued at $971,174.40. The trade was a 10.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.54% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently commented on AME. Barclays boosted their target price on shares of AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Robert W. Baird set a $244.00 target price on shares of AMETEK in a report on Friday, May 1st. Morgan Stanley boosted their target price on shares of AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a report on Thursday, March 12th. DA Davidson reiterated a “buy” rating and issued a $265.00 target price on shares of AMETEK in a report on Monday, May 4th. Finally, Truist Financial reiterated a “buy” rating and issued a $275.00 target price (up from $265.00) on shares of AMETEK in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $252.33.

AMETEK Stock Up 0.2%

NYSE AME opened at $227.01 on Monday. AMETEK, Inc. has a 12 month low of $174.43 and a 12 month high of $243.18. The company’s 50 day simple moving average is $227.54 and its 200 day simple moving average is $219.37. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.72. The company has a market capitalization of $52.03 billion, a P/E ratio of 34.29, a PEG ratio of 3.18 and a beta of 1.00.

AMETEK (NYSE:AME) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The business had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same quarter in the previous year, the business earned $1.75 earnings per share. The firm’s revenue was up 11.3% compared to the same quarter last year. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. Equities research analysts expect that AMETEK, Inc. will post 8.13 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.34 per share. The ex-dividend date is Monday, June 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s payout ratio is currently 20.54%.

AMETEK 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.