Varma Mutual Pension Insurance Co Has $14.55 Million Stock Position in AMETEK, Inc. $AME

Varma Mutual Pension Insurance Co increased its stake in shares of AMETEK, Inc. (NYSE:AME) by 16.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,875 shares of the technology company’s stock after buying an additional 10,180 shares during the period. Varma Mutual Pension Insurance Co’s holdings in AMETEK were worth $14,551,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Montag A & Associates Inc. lifted its position in AMETEK by 3.7% during the 4th quarter. Montag A & Associates Inc. now owns 51,018 shares of the technology company’s stock worth $10,475,000 after buying an additional 1,800 shares in the last quarter. Strs Ohio lifted its position in AMETEK by 10.5% during the 4th quarter. Strs Ohio now owns 145,319 shares of the technology company’s stock worth $29,835,000 after buying an additional 13,810 shares in the last quarter. Composition Wealth LLC lifted its position in AMETEK by 2.3% during the 4th quarter. Composition Wealth LLC now owns 6,605 shares of the technology company’s stock worth $1,356,000 after buying an additional 151 shares in the last quarter. Addison Capital Co lifted its position in AMETEK by 37.9% during the 4th quarter. Addison Capital Co now owns 11,441 shares of the technology company’s stock worth $2,349,000 after buying an additional 3,145 shares in the last quarter. Finally, PFA Pension Forsikringsaktieselskab acquired a new position in AMETEK during the 4th quarter valued at about $56,412,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

Insider Transactions at AMETEK

In related news, Director Thomas A. Amato sold 530 shares of the stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total transaction of $114,893.40. Following the completion of the sale, the director directly owned 4,480 shares of the company’s stock, valued at approximately $971,174.40. This represents a 10.58% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.54% of the company’s stock.

AMETEK Stock Performance

Shares of NYSE:AME opened at $230.27 on Tuesday. The company has a market capitalization of $52.75 billion, a price-to-earnings ratio of 34.78, a P/E/G ratio of 3.30 and a beta of 1.03. The firm’s 50 day simple moving average is $225.56 and its 200 day simple moving average is $213.21. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.72. AMETEK, Inc. has a fifty-two week low of $167.75 and a fifty-two week high of $242.05.

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, beating analysts’ consensus estimates of $1.90 by $0.07. The business had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. AMETEK’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same period last year, the company posted $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. As a group, sell-side analysts forecast that AMETEK, Inc. will post 8.06 earnings per share for the current year.

AMETEK Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were paid a dividend of $0.34 per share. 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, March 16th. This is a positive change from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s dividend payout ratio (DPR) is currently 21.25%.

Wall Street Analysts Forecast Growth

AME has been the topic of a number of research reports. Melius Research set a $235.00 target price on shares of AMETEK in a research report on Monday, January 5th. Wall Street Zen upgraded shares of AMETEK from a “hold” rating to a “buy” rating in a research report on Saturday. Morgan Stanley upped their target price on shares of AMETEK from $215.00 to $235.00 and gave the company an “equal weight” rating in a research report on Thursday, March 12th. Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, January 21st. Finally, Oppenheimer downgraded shares of AMETEK from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $252.33.

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.