Fjarde AP Fonden Fourth Swedish National Pension Fund Buys 4,200 Shares of AMETEK, Inc. $AME

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in shares of AMETEK, Inc. (NYSE:AMEFree Report) by 12.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 38,073 shares of the technology company’s stock after acquiring an additional 4,200 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in AMETEK were worth $7,817,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of AMETEK by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 27,173,705 shares of the technology company’s stock worth $5,108,657,000 after purchasing an additional 176,040 shares during the period. State Street Corp lifted its stake in shares of AMETEK by 1.3% in the 3rd quarter. State Street Corp now owns 9,763,684 shares of the technology company’s stock worth $1,835,573,000 after purchasing an additional 126,381 shares during the period. Geode Capital Management LLC lifted its stake in shares of AMETEK by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 5,891,236 shares of the technology company’s stock worth $1,204,722,000 after purchasing an additional 37,651 shares during the period. Invesco Ltd. lifted its stake in shares of AMETEK by 4.9% in the 3rd quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock worth $839,141,000 after purchasing an additional 209,043 shares during the period. Finally, Norges Bank bought a new position in shares of AMETEK in the 4th quarter worth approximately $831,372,000. Institutional investors own 87.43% of the company’s stock.

Analysts Set New Price Targets

AME has been the subject of several analyst reports. BMO Capital Markets initiated coverage on shares of AMETEK in a report on Friday, March 27th. They issued an “outperform” rating and a $253.00 target price for the company. Truist Financial reissued 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. Barclays increased 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. Royal Bank Of Canada increased their target price on shares of AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a report on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $252.33.

Get Our Latest Report on AME

AMETEK Trading Up 0.2%

AME stock opened at $227.01 on Monday. The firm has a fifty day moving average price of $227.54 and a 200 day moving average price of $219.37. AMETEK, Inc. has a fifty-two week low of $174.43 and a fifty-two week high of $243.18. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.72 and a current ratio of 1.14. The firm has a market cap of $52.03 billion, a PE ratio of 34.29, a price-to-earnings-growth ratio of 3.18 and a beta of 1.00.

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

AMETEK Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors 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 yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is presently 20.54%.

Insiders Place Their Bets

In related news, Director Thomas A. Amato sold 530 shares of AMETEK stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total value of $114,893.40. Following the completion of the sale, the director directly 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 SEC, which is available through the SEC website. 0.54% of the stock is owned by insiders.

AMETEK Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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