Hsbc Holdings PLC Reduces Position in AMETEK, Inc. $AME

Hsbc Holdings PLC lessened its holdings in shares of AMETEK, Inc. (NYSE:AME) by 4.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,263,488 shares of the technology company’s stock after selling 52,354 shares during the quarter. Hsbc Holdings PLC owned about 0.55% of AMETEK worth $259,582,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. 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 worth $26,000 after acquiring an additional 59 shares in the last quarter. MV Capital Management Inc. bought a new position in AMETEK in the 4th quarter worth about $28,000. Darwin Wealth Management LLC bought a new position in AMETEK in the 2nd quarter worth about $25,000. BOKF NA increased its position in shares of 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 buying an additional 84 shares during the period. Finally, Transamerica Financial Advisors LLC lifted its holdings in shares of AMETEK by 73.9% in the fourth quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock worth $31,000 after buying an additional 65 shares in the last quarter. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Weiss Ratings raised shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday. 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 price target for the company. Truist Financial lifted their price objective on AMETEK from $275.00 to $303.00 and gave the company a “buy” rating in a research note on Thursday. Rothschild & Co Redburn set a $265.00 target price on AMETEK in a research note on Thursday, June 18th. Finally, Wall Street Zen downgraded AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, AMETEK currently has an average rating of “Moderate Buy” and an average price target of $255.57.

AMETEK Stock Performance

Shares of NYSE AME opened at $234.66 on Friday. The stock has a market cap of $53.78 billion, a price-to-earnings ratio of 35.45, a P/E/G ratio of 3.33 and a beta of 0.99. 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, Inc. has a 1-year low of $174.43 and a 1-year high of $244.71. The stock’s 50-day moving average is $230.97 and its 200 day moving average is $224.29.

AMETEK (NYSE:AME) last issued its earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.07. The business had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.91 billion. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.AMETEK’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the prior 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. On average, sell-side analysts anticipate 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 was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 0.6%. The ex-dividend date was Monday, June 15th. AMETEK’s dividend payout ratio (DPR) is presently 20.54%.

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.