AMETEK, Inc. $AME Shares Acquired by AIA Group Ltd

AIA Group Ltd raised its holdings in AMETEK, Inc. (NYSE:AME) by 20.7% during the 1st quarter, Holdings Channel.com reports. The firm owned 35,962 shares of the technology company’s stock after acquiring an additional 6,176 shares during the period. AIA Group Ltd’s holdings in AMETEK were worth $7,709,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the company. Y.D. More Investments Ltd purchased a new stake in shares of AMETEK during the fourth quarter worth $1,653,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of AMETEK by 6.2% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 487,238 shares of the technology company’s stock valued at $101,901,000 after buying an additional 28,621 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in shares of AMETEK by 10.9% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 959,937 shares of the technology company’s stock valued at $197,085,000 after purchasing an additional 94,544 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in AMETEK during the fourth quarter worth about $1,027,000. Finally, Nordea Investment Management AB boosted its position in shares of AMETEK by 825.0% during the 4th quarter. Nordea Investment Management AB now owns 852,585 shares of the technology company’s stock worth $176,153,000 after purchasing an additional 760,410 shares during the period. 87.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on AME shares. Robert W. Baird set a $244.00 target price on AMETEK in a report on Friday, May 1st. Rothschild & Co Redburn set a $265.00 target price on AMETEK in a report on Thursday, June 18th. BMO Capital Markets initiated coverage on shares of AMETEK in a report on Friday, March 27th. They set an “outperform” rating and a $253.00 price objective on the stock. Mizuho set a $270.00 target price on AMETEK in a report on Friday, May 1st. Finally, Weiss Ratings upgraded shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, June 29th. 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 stock. Based on data from MarketBeat.com, AMETEK currently has an average rating of “Moderate Buy” and a consensus target price of $256.29.

AMETEK Price Performance

AMETEK stock opened at $236.66 on Monday. The company has a market cap of $54.24 billion, a P/E ratio of 35.75, a price-to-earnings-growth ratio of 3.32 and a beta of 0.99. AMETEK, Inc. has a one year low of $175.61 and a one year high of $244.71. The business has a fifty day moving average of $231.11 and a two-hundred day moving average of $226.52. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.72 and a current ratio of 1.14.

AMETEK (NYSE:AME) last issued its 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. The company had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the prior year, the business posted $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. As a group, analysts predict that AMETEK, Inc. will post 8.14 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Monday, June 15th. AMETEK’s dividend payout ratio is presently 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.