Resona Asset Management Co. Ltd. Reduces Position in AMETEK, Inc. $AME

Resona Asset Management Co. Ltd. cut its position in AMETEK, Inc. (NYSE:AME) by 5.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 68,760 shares of the technology company’s stock after selling 4,168 shares during the period. Resona Asset Management Co. Ltd.’s holdings in AMETEK were worth $14,158,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of AME. Darwin Wealth Management LLC purchased a new stake in shares of AMETEK in the 2nd quarter valued at approximately $25,000. CoreCap Advisors LLC increased its position in shares of AMETEK by 84.3% in the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock valued at $26,000 after purchasing an additional 59 shares during the last quarter. BOKF NA increased its position in shares of AMETEK by 137.7% in the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after purchasing an additional 84 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new stake in shares of AMETEK in the 4th quarter valued at approximately $32,000. Finally, Grey Fox Wealth Advisors LLC purchased a new stake in shares of AMETEK in the 3rd quarter valued at approximately $39,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at AMETEK

In other news, Director Thomas A. Amato sold 530 shares of the firm’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total value of $114,893.40. Following the completion of the sale, the director owned 4,480 shares in the company, valued at approximately $971,174.40. This trade represents a 10.58% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on AME. Truist Financial reissued a “buy” rating and issued a $275.00 price objective (up from $265.00) on shares of AMETEK in a research report on Monday, May 4th. Royal Bank Of Canada upped their target price on shares of AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a report on Friday, May 1st. Mizuho set a $270.00 target price on shares of AMETEK in a report on Friday, May 1st. DA Davidson restated a “buy” rating and issued a $265.00 target price on shares of AMETEK in a report on Monday, May 4th. Finally, KeyCorp upped their target price on shares of AMETEK from $235.00 to $260.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $252.33.

AMETEK Stock Up 1.5%

Shares of NYSE:AME opened at $224.57 on Thursday. The stock has a market cap of $51.47 billion, a P/E ratio of 33.92, a P/E/G ratio of 3.10 and a beta of 1.03. The firm has a fifty day moving average price of $225.03 and a 200 day moving average price of $216.89. 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 1-year low of $174.43 and a 1-year high of $243.18.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.07. The firm had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.91 billion. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. AMETEK’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the business 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. Sell-side analysts predict that AMETEK, Inc. will post 8.13 EPS for the current year.

AMETEK Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Monday, June 15th. AMETEK’s dividend payout ratio (DPR) is 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.