Allianz Asset Management GmbH Buys 392,210 Shares of AMETEK, Inc. $AME

Allianz Asset Management GmbH raised its stake in AMETEK, Inc. (NYSE:AME) by 186.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 602,274 shares of the technology company’s stock after acquiring an additional 392,210 shares during the period. Allianz Asset Management GmbH’s holdings in AMETEK were worth $123,653,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. CoreCap Advisors LLC grew its holdings in AMETEK by 84.3% during the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock valued at $26,000 after purchasing an additional 59 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in AMETEK during the second quarter valued at approximately $25,000. BOKF NA lifted its position in AMETEK by 137.7% during the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after acquiring an additional 84 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new position in AMETEK during the 4th quarter valued at approximately $32,000. Finally, ORG Partners LLC increased its stake in AMETEK by 42.6% during the 4th quarter. ORG Partners LLC now owns 201 shares of the technology company’s stock valued at $41,000 after purchasing an additional 60 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently weighed in on AME. Barclays increased their price objective on shares of AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Monday, May 4th. Royal Bank Of Canada increased their price objective on shares of AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a report on Friday, May 1st. Mizuho set a $270.00 price target on shares of AMETEK in a research note on Friday, May 1st. Morgan Stanley increased their price target on shares of AMETEK from $215.00 to $235.00 and gave the company an “equal weight” rating in a research note on Thursday, March 12th. Finally, Truist Financial reiterated a “buy” rating and set a $275.00 price target (up from $265.00) on shares of AMETEK in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, AMETEK presently has an average rating of “Moderate Buy” and an average target price of $252.33.

AMETEK Stock Down 3.4%

Shares of NYSE:AME opened at $221.91 on Thursday. The firm has a 50 day simple moving average of $228.52 and a 200-day simple moving average of $220.12. AMETEK, Inc. has a twelve month low of $174.43 and a twelve month high of $243.18. The company has a market capitalization of $50.86 billion, a PE ratio of 33.52, a P/E/G ratio of 3.22 and a beta of 1.00. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10.

AMETEK (NYSE:AME) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, beating the consensus estimate of $1.90 by $0.07. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The firm had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter in the prior year, the firm earned $1.75 EPS. AMETEK’s revenue for the quarter was up 11.3% on a year-over-year basis. 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 analysts predict that AMETEK, Inc. will post 8.13 EPS for the current fiscal year.

AMETEK Announces Dividend

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

Insider Buying and Selling at AMETEK

In other news, Director Thomas A. Amato sold 530 shares of the company’s stock in a transaction 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 transaction, the director directly owned 4,480 shares of the company’s stock, valued at $971,174.40. This represents a 10.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.54% of the stock is currently owned by company insiders.

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.