Blair William & Co. IL reduced its position in AMETEK, Inc. (NYSE:AME – Free Report) by 23.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 529,273 shares of the technology company’s stock after selling 160,587 shares during the period. Blair William & Co. IL’s holdings in AMETEK were worth $99,503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also recently made changes to their positions in the company. Marietta Investment Partners LLC lifted its position in shares of AMETEK by 2.0% during the 3rd quarter. Marietta Investment Partners LLC now owns 36,147 shares of the technology company’s stock valued at $6,796,000 after buying an additional 700 shares during the last quarter. Barclays PLC increased its holdings in AMETEK by 21.7% in the 3rd quarter. Barclays PLC now owns 807,020 shares of the technology company’s stock worth $151,720,000 after acquiring an additional 143,714 shares during the last quarter. Snyder Capital Management L P raised its stake in AMETEK by 25.8% in the 3rd quarter. Snyder Capital Management L P now owns 787,675 shares of the technology company’s stock valued at $148,083,000 after acquiring an additional 161,615 shares during the period. Advisory Alpha LLC raised its stake in AMETEK by 84.7% in the 3rd quarter. Advisory Alpha LLC now owns 2,194 shares of the technology company’s stock valued at $408,000 after acquiring an additional 1,006 shares during the period. Finally, Cambria Investment Management L.P. lifted its holdings in AMETEK by 11.4% during the third quarter. Cambria Investment Management L.P. now owns 1,640 shares of the technology company’s stock valued at $308,000 after purchasing an additional 168 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on AME shares. Weiss Ratings reiterated a “buy (b)” rating on shares of AMETEK in a research note on Wednesday, January 21st. Robert W. Baird set a $245.00 price target on shares of AMETEK in a research note on Thursday, February 5th. Deutsche Bank Aktiengesellschaft started coverage on shares of AMETEK in a research note on Wednesday, January 21st. They issued a “buy” rating and a $271.00 price objective for the company. Melius Research set a $235.00 target price on shares of AMETEK in a report on Monday, January 5th. Finally, Wall Street Zen upgraded AMETEK from a “hold” rating to a “buy” rating in a research report on Sunday, February 22nd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, AMETEK presently has an average rating of “Moderate Buy” and a consensus price target of $243.00.
AMETEK Trading Down 2.1%
Shares of AME opened at $222.02 on Friday. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $242.05. The stock has a market cap of $50.84 billion, a PE ratio of 34.69, a P/E/G ratio of 3.24 and a beta of 1.02. The company has a quick ratio of 0.67, a current ratio of 1.06 and a debt-to-equity ratio of 0.10. The business’s 50-day moving average price is $223.37 and its 200-day moving average price is $202.73.
AMETEK (NYSE:AME – Get Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.07. The company had revenue of $2 billion during the quarter, compared to analyst estimates of $1.94 billion. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. AMETEK’s revenue was up 13.4% compared to the same quarter last year. During the same period last year, the business earned $1.87 earnings per share. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. On average, equities analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.
AMETEK Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a dividend of $0.34 per share. This is an increase from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date is Monday, March 16th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is presently 19.38%.
Insider Activity
In other news, VP Thomas M. Montgomery sold 6,388 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $205.05, for a total value of $1,309,859.40. Following the transaction, the vice president owned 22,116 shares of the company’s stock, valued at approximately $4,534,885.80. This represents a 22.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Thomas C. Marecic sold 14,310 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $202.11, for a total value of $2,892,194.10. Following the completion of the sale, the insider owned 42,589 shares in the company, valued at $8,607,662.79. This trade represents a 25.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 49,088 shares of company stock worth $9,930,020 in the last three months. Corporate insiders own 0.57% of the company’s stock.
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.
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