BLI Banque de Luxembourg Investments Cuts Stake in AMETEK, Inc. $AME

BLI Banque de Luxembourg Investments cut its stake in shares of AMETEK, Inc. (NYSE:AME) by 10.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 68,430 shares of the technology company’s stock after selling 7,590 shares during the period. BLI Banque de Luxembourg Investments’ holdings in AMETEK were worth $14,170,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of AMETEK by 0.7% during the third quarter. Vanguard Group Inc. now owns 27,173,705 shares of the technology company’s stock valued at $5,108,657,000 after acquiring an additional 176,040 shares in the last quarter. State Street Corp increased its holdings in shares of AMETEK by 1.3% during the third quarter. State Street Corp now owns 9,763,684 shares of the technology company’s stock valued at $1,835,573,000 after acquiring an additional 126,381 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of AMETEK by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 5,891,236 shares of the technology company’s stock valued at $1,204,722,000 after acquiring an additional 37,651 shares in the last quarter. Invesco Ltd. increased its holdings in shares of AMETEK by 4.9% during the third quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock valued at $839,141,000 after acquiring an additional 209,043 shares in the last quarter. Finally, Norges Bank bought a new position in shares of AMETEK during the fourth quarter valued at $831,372,000. 87.43% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on AME shares. Mizuho set a $270.00 price target on AMETEK in a report on Friday, May 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, May 20th. DA Davidson reaffirmed a “buy” rating and set a $265.00 price objective on shares of AMETEK in a research report on Monday, May 4th. BMO Capital Markets initiated coverage on AMETEK in a research report on Friday, March 27th. They set an “outperform” rating and a $253.00 price objective on the stock. Finally, Truist Financial reaffirmed a “buy” rating and set a $275.00 price objective (up from $265.00) on shares of AMETEK in a research 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 stock. According to MarketBeat, AMETEK currently has an average rating of “Moderate Buy” and a consensus target price of $252.33.

Insider Activity at AMETEK

In other news, Director Thomas A. Amato sold 530 shares of the firm’s 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 transaction, the director owned 4,480 shares of the company’s stock, valued at $971,174.40. This trade represents a 10.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.54% of the stock is owned by company insiders.

AMETEK Stock Down 0.3%

NYSE AME opened at $225.95 on Tuesday. The stock’s 50-day moving average price is $227.83 and its 200-day moving average price is $219.62. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10. AMETEK, Inc. has a 52 week low of $174.43 and a 52 week high of $243.18. The company has a market capitalization of $51.79 billion, a P/E ratio of 34.13, a price-to-earnings-growth ratio of 3.18 and a beta of 1.00.

AMETEK (NYSE:AME) 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. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The firm had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter last year, the company earned $1.75 earnings per share. The business’s revenue for the quarter 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. On average, equities research analysts predict that AMETEK, Inc. will post 8.13 earnings per share for the current year.

AMETEK Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.34 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is 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.