BI Asset Management Fondsmaeglerselskab A S Grows Position in AMETEK, Inc. $AME

BI Asset Management Fondsmaeglerselskab A S raised its stake in shares of AMETEK, Inc. (NYSE:AME) by 134.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,176 shares of the technology company’s stock after acquiring an additional 25,362 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in AMETEK were worth $9,470,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of AME. Darwin Wealth Management LLC bought a new stake in shares of AMETEK in the 2nd quarter worth $25,000. CoreCap Advisors LLC lifted its position in shares of AMETEK by 84.3% during the fourth quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock valued at $26,000 after purchasing an additional 59 shares in the last quarter. MV Capital Management Inc. purchased a new position in AMETEK during the fourth quarter worth about $28,000. BOKF NA boosted its holdings in AMETEK by 137.7% during the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after purchasing an additional 84 shares during the last quarter. Finally, Transamerica Financial Advisors LLC grew its position in AMETEK by 73.9% in the 4th quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock worth $31,000 after purchasing an additional 65 shares in the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at AMETEK

In other AMETEK news, Director Thomas A. Amato sold 530 shares of the stock in a transaction on Tuesday, March 24th. The stock was 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. This represents a 10.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.54% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Weiss Ratings lowered shares of AMETEK from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Citigroup initiated coverage on AMETEK in a research report on Monday, June 15th. They set a “neutral” rating and a $257.00 price target for the company. Mizuho set a $270.00 price target on AMETEK in a report on Friday, May 1st. Truist Financial reissued a “buy” rating and issued a $275.00 price objective (up from $265.00) on shares of AMETEK in a research report on Monday, May 4th. Finally, Royal Bank Of Canada raised their target price on AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $253.57.

AMETEK Price Performance

Shares of NYSE AME opened at $237.27 on Monday. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10. The stock has a fifty day simple moving average of $230.23 and a two-hundred day simple moving average of $221.86. AMETEK, Inc. has a 1-year low of $174.43 and a 1-year high of $243.18. The firm has a market cap of $54.38 billion, a price-to-earnings ratio of 35.84, a price-to-earnings-growth ratio of 3.33 and a beta of 1.00.

AMETEK (NYSE:AME) last posted its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share 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 company 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 company earned $1.75 EPS. The firm’s quarterly 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. Analysts anticipate that AMETEK, Inc. will post 8.13 earnings per share for the current year.

AMETEK Dividend Announcement

The firm 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 $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 (DPR) is 20.54%.

AMETEK Company 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.