AMETEK, Inc. $AME Position Reduced by Verition Fund Management LLC

Verition Fund Management LLC cut its position in shares of AMETEK, Inc. (NYSE:AME) by 42.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 69,181 shares of the technology company’s stock after selling 51,547 shares during the period. Verition Fund Management LLC’s holdings in AMETEK were worth $14,204,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. CoreCap Advisors LLC lifted its position in shares of 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 purchasing an additional 59 shares in the last quarter. Darwin Wealth Management LLC purchased a new stake in shares of AMETEK in the second quarter worth approximately $25,000. BOKF NA lifted its position in shares of AMETEK by 137.7% in the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after purchasing an additional 84 shares in the last quarter. Transamerica Financial Advisors LLC lifted its position in shares of AMETEK by 73.9% in the fourth quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock worth $31,000 after purchasing an additional 65 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of AMETEK in the fourth quarter worth approximately $32,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AME has been the subject of a number of research analyst reports. BMO Capital Markets initiated coverage on shares of AMETEK in a research report on Friday, March 27th. They issued an “outperform” rating and a $253.00 price target for the company. DA Davidson reissued a “buy” rating and issued a $265.00 price target on shares of AMETEK in a research report on Monday, May 4th. Robert W. Baird set a $244.00 price target on shares of AMETEK in a research report on Friday, May 1st. Morgan Stanley increased their price target on shares of AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 12th. Finally, Barclays increased their price objective on AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $252.69.

AMETEK Trading Up 1.5%

Shares of AME stock opened at $230.61 on Tuesday. AMETEK, Inc. has a 12 month low of $174.43 and a 12 month 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 business’s 50 day moving average is $229.17 and its two-hundred day moving average is $220.80. The company has a market cap of $52.86 billion, a PE ratio of 34.84, a price-to-earnings-growth ratio of 3.19 and a beta of 1.00.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, beating 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 company’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.75 earnings per share. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. Equities analysts predict that AMETEK, Inc. will post 8.13 EPS for the current year.

AMETEK Dividend Announcement

The business also recently disclosed 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. The ex-dividend date is Monday, June 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is presently 20.54%.

Insider Activity

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 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.54% of the company’s stock.

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.