AMETEK, Inc. $AME Shares Acquired by Nordea Investment Management AB

Nordea Investment Management AB raised its position in shares of AMETEK, Inc. (NYSE:AME) by 246.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 92,175 shares of the technology company’s stock after buying an additional 65,537 shares during the period. Nordea Investment Management AB’s holdings in AMETEK were worth $17,344,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. KBC Group NV boosted its holdings in shares of AMETEK by 3.2% during the second quarter. KBC Group NV now owns 289,634 shares of the technology company’s stock worth $52,412,000 after purchasing an additional 9,063 shares during the period. Valley National Advisers Inc. purchased a new stake in AMETEK in the 3rd quarter worth approximately $2,061,000. Assenagon Asset Management S.A. lifted its position in AMETEK by 3.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 213,676 shares of the technology company’s stock worth $40,171,000 after buying an additional 6,363 shares in the last quarter. Panagora Asset Management Inc. boosted its stake in shares of AMETEK by 252.2% during the 2nd quarter. Panagora Asset Management Inc. now owns 547,563 shares of the technology company’s stock valued at $99,087,000 after buying an additional 392,083 shares during the period. Finally, L. Roy Papp & Associates LLP grew its holdings in shares of AMETEK by 17.7% during the 3rd quarter. L. Roy Papp & Associates LLP now owns 43,688 shares of the technology company’s stock valued at $8,213,000 after acquiring an additional 6,582 shares in the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Insider Transactions at AMETEK

In other news, VP Thomas M. Montgomery sold 6,388 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the sale, the vice president directly owned 22,116 shares in the company, valued at approximately $4,534,885.80. The trade was a 22.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Ronald J. Oscher sold 26,290 shares of the business’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $200.05, for a total transaction of $5,259,314.50. Following the completion of the sale, the insider directly owned 40,226 shares in the company, valued at $8,047,211.30. This trade represents a 39.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 163,378 shares of company stock worth $32,471,654 over the last quarter. 0.57% of the stock is owned by company insiders.

AMETEK Stock Up 1.8%

AMETEK stock opened at $214.82 on Friday. The firm has a fifty day moving average price of $201.97 and a two-hundred day moving average price of $190.97. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $215.36. The firm has a market cap of $49.45 billion, a price-to-earnings ratio of 33.88, a P/E/G ratio of 2.77 and a beta of 1.04. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.16 and a quick ratio of 0.72.

AMETEK (NYSE:AME) last released its earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.13. The firm had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.81 billion. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.The company’s revenue was up 10.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.66 EPS. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. As a group, analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, December 5th. This represents a $1.24 dividend on an annualized basis and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is 19.56%.

Wall Street Analysts Forecast Growth

AME has been the subject of several recent research reports. Truist Financial increased their price objective on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Melius upgraded AMETEK from a “hold” rating to a “buy” rating and set a $235.00 price target for the company in a report on Monday, January 5th. KeyCorp boosted their price target on AMETEK from $220.00 to $235.00 and gave the company an “overweight” rating in a research note on Tuesday, January 6th. Barclays raised their price objective on shares of AMETEK from $205.00 to $210.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 7th. Finally, Wall Street Zen upgraded shares of AMETEK from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $226.55.

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.