Alamea Verwaltungs GmbH acquired a new position in AMETEK, Inc. (NYSE:AME – Free Report) during the fourth quarter, HoldingsChannel reports. The fund acquired 4,004 shares of the technology company’s stock, valued at approximately $897,000. AMETEK accounts for approximately 0.6% of Alamea Verwaltungs GmbH’s portfolio, making the stock its 20th largest position.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in AMETEK by 0.7% in the third 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 in the last quarter. State Street Corp boosted its stake in AMETEK by 2.0% in the fourth quarter. State Street Corp now owns 9,956,361 shares of the technology company’s stock worth $2,044,140,000 after purchasing an additional 192,677 shares in the last quarter. Geode Capital Management LLC boosted its stake in AMETEK by 0.6% in the fourth 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 in the last quarter. Invesco Ltd. lifted its stake 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 during the period. Finally, Norges Bank acquired a new position in shares of AMETEK during the fourth quarter valued at $831,372,000. Institutional investors and hedge funds own 87.43% of the company’s stock.
Insiders Place Their Bets
In other AMETEK news, Director Thomas A. Amato sold 530 shares of the 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 approximately $971,174.40. This represents a 10.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.54% of the company’s stock.
AMETEK Trading Up 0.3%
AMETEK (NYSE:AME – Get Free Report) last released its earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, beating 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 analyst estimates of $1.91 billion. During the same quarter in the prior year, the firm posted $1.75 earnings per share. The company’s quarterly revenue 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 expect that AMETEK, Inc. will post 8.13 earnings per share for the current year.
AMETEK Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders 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 yield of 0.6%. AMETEK’s dividend payout ratio is presently 20.54%.
Analyst Ratings Changes
Several brokerages have recently issued reports on AME. Weiss Ratings lowered AMETEK from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday. Barclays upped their price target on AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Robert W. Baird set a $244.00 price target on AMETEK in a research note on Friday, May 1st. Royal Bank Of Canada upped their price target on AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. Finally, Wall Street Zen lowered AMETEK from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. One investment 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 stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $252.33.
Check Out Our Latest Stock Analysis on AMETEK
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.
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