JPMorgan Chase & Co. Sells 93,235 Shares of AMETEK, Inc. $AME

JPMorgan Chase & Co. decreased its holdings in shares of AMETEK, Inc. (NYSE:AME) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,109,307 shares of the technology company’s stock after selling 93,235 shares during the period. JPMorgan Chase & Co.’s holdings in AMETEK were worth $843,682,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Florida Financial Advisors LLC boosted its holdings in AMETEK by 2.2% in the 4th quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company’s stock worth $406,000 after buying an additional 43 shares during the period. Plato Investment Management Ltd boosted its holdings in AMETEK by 0.4% in the 4th quarter. Plato Investment Management Ltd now owns 10,751 shares of the technology company’s stock worth $2,218,000 after buying an additional 47 shares during the period. Allegiance Financial Group Advisory Services LLC boosted its holdings in AMETEK by 4.0% in the 4th quarter. Allegiance Financial Group Advisory Services LLC now owns 1,254 shares of the technology company’s stock worth $257,000 after buying an additional 48 shares during the period. Washington Trust Advisors Inc. boosted its holdings in AMETEK by 6.3% in the 4th quarter. Washington Trust Advisors Inc. now owns 850 shares of the technology company’s stock worth $175,000 after buying an additional 50 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH boosted its holdings in AMETEK by 2.9% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 1,816 shares of the technology company’s stock worth $373,000 after buying an additional 51 shares during the period. Institutional investors own 87.43% of the company’s stock.

AMETEK Stock Up 1.8%

Shares of AME stock opened at $229.96 on Wednesday. The stock has a market cap of $52.71 billion, a P/E ratio of 34.74, a PEG ratio of 3.17 and a beta of 1.00. AMETEK, Inc. has a 52 week low of $174.43 and a 52 week high of $243.18. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10. The company’s fifty day simple moving average is $228.25 and its two-hundred day simple moving average is $219.89.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, topping the consensus estimate of $1.90 by $0.07. The business had revenue of $1.93 billion for 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%. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the company 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. Analysts predict that AMETEK, Inc. will post 8.13 EPS for the current fiscal year.

AMETEK Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.34 per share. 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 is currently 20.54%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on AME. Truist Financial reaffirmed a “buy” rating and issued a $275.00 target price (up from $265.00) on shares of AMETEK in a report on Monday, May 4th. Robert W. Baird set a $244.00 target price on shares of AMETEK in a report on Friday, May 1st. BMO Capital Markets began coverage on shares of AMETEK in a report on Friday, March 27th. They issued an “outperform” rating and a $253.00 target price for the company. Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Finally, Mizuho set a $270.00 target price on shares of AMETEK in a report on Friday, May 1st. One investment 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 company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $252.33.

Insider Activity

In other news, Director Thomas A. Amato sold 530 shares of the company’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total transaction of $114,893.40. Following the sale, the director directly owned 4,480 shares in the company, valued at approximately $971,174.40. This represents a 10.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.54% of the company’s stock.

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.