Fairvoy Private Wealth LLC Sells 2,794 Shares of AMETEK, Inc. $AME

Fairvoy Private Wealth LLC reduced its position in shares of AMETEK, Inc. (NYSE:AME) by 19.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,688 shares of the technology company’s stock after selling 2,794 shares during the period. Fairvoy Private Wealth LLC’s holdings in AMETEK were worth $2,506,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of AME. Norges Bank acquired a new position in shares of AMETEK during the 4th quarter worth $831,372,000. Wellington Management Group LLP boosted its stake in AMETEK by 302.9% in the fourth quarter. Wellington Management Group LLP now owns 2,807,664 shares of the technology company’s stock valued at $576,441,000 after buying an additional 2,110,818 shares in the last quarter. Balyasny Asset Management L.P. grew its position in AMETEK by 539.2% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,070,555 shares of the technology company’s stock valued at $219,796,000 after acquiring an additional 903,061 shares during the last quarter. Nordea Investment Management AB grew its position in AMETEK by 825.0% in the fourth quarter. Nordea Investment Management AB now owns 852,585 shares of the technology company’s stock valued at $176,153,000 after acquiring an additional 760,410 shares during the last quarter. Finally, Lazard Asset Management LLC raised its stake in AMETEK by 35.7% during the third quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock worth $497,444,000 after acquiring an additional 695,419 shares in the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on AME. Royal Bank Of Canada upped their price objective on shares of AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a research report on Friday, May 1st. Barclays raised their target price on shares of AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. BMO Capital Markets assumed coverage on shares of AMETEK in a report on Friday, March 27th. They set an “outperform” rating and a $253.00 price target for the company. Mizuho set a $270.00 price target on AMETEK in a research note on Friday, May 1st. Finally, Wall Street Zen downgraded AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. One investment 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $253.57.

AMETEK Stock Up 2.3%

AMETEK stock opened at $240.76 on Friday. AMETEK, Inc. has a 52-week low of $174.43 and a 52-week high of $244.71. The firm has a 50 day moving average price of $230.53 and a two-hundred day moving average price of $222.96. The firm has a market cap of $55.18 billion, a price-to-earnings ratio of 36.37, a PEG ratio of 3.30 and a beta of 1.00. 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 released its earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (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 business had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same quarter in the previous year, the business earned $1.75 earnings per share. 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. Equities analysts predict that AMETEK, Inc. will post 8.13 EPS for the current year.

AMETEK Dividend Announcement

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