AMETEK, Inc. $AME Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. lessened its holdings in shares of AMETEK, Inc. (NYSE:AME) by 98.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,691 shares of the technology company’s stock after selling 505,037 shares during the period. Assenagon Asset Management S.A.’s holdings in AMETEK were worth $1,220,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in AME. CoreCap Advisors LLC boosted its holdings in AMETEK by 84.3% in 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. acquired a new position in AMETEK during the 4th quarter valued at approximately $28,000. Darwin Wealth Management LLC purchased a new position in shares of AMETEK in the second quarter worth $25,000. BOKF NA lifted its stake in shares of AMETEK by 137.7% during the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after buying an additional 84 shares during the period. Finally, Transamerica Financial Advisors LLC lifted its stake in shares of AMETEK by 73.9% during 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 during the period. Institutional investors and hedge funds own 87.43% of the company’s stock.

AMETEK Trading Down 1.9%

NYSE AME opened at $237.31 on Thursday. AMETEK, Inc. has a 1 year low of $174.43 and a 1 year high of $244.71. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.72. The company has a market capitalization of $54.39 billion, a PE ratio of 35.85, a P/E/G ratio of 3.39 and a beta of 0.98. The company has a fifty day moving average of $230.95 and a 200 day moving average of $224.06.

AMETEK (NYSE:AME) last announced 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. The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period last year, the firm earned $1.75 EPS. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. Research analysts forecast that AMETEK, Inc. will post 8.13 earnings per share for the current year.

AMETEK Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a $0.34 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. AMETEK’s payout ratio is presently 20.54%.

Wall Street Analyst Weigh In

AME has been the topic of several research reports. Barclays upped their target price on AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. DA Davidson reiterated a “buy” rating and set a $265.00 price target on shares of AMETEK in a research note on Monday, May 4th. BMO Capital Markets started coverage on AMETEK in a report on Friday, March 27th. They issued an “outperform” rating and a $253.00 price objective on the stock. Wall Street Zen cut AMETEK from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Finally, Truist Financial reaffirmed a “buy” rating and set a $275.00 target price (up from $265.00) on shares of AMETEK in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $253.57.

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.