Prudential PLC Reduces Position in AMETEK, Inc. $AME

Prudential PLC lessened its holdings in shares of AMETEK, Inc. (NYSE:AME) by 62.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,296 shares of the technology company’s stock after selling 5,561 shares during the quarter. Prudential PLC’s holdings in AMETEK were worth $677,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of AME. Sivia Capital Partners LLC purchased a new position in shares of AMETEK during the 2nd quarter worth $295,000. Baird Financial Group Inc. boosted its stake in shares of AMETEK by 16.1% during the 2nd quarter. Baird Financial Group Inc. now owns 16,784 shares of the technology company’s stock worth $3,037,000 after acquiring an additional 2,323 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of AMETEK by 65.0% during the 2nd quarter. NewEdge Advisors LLC now owns 3,946 shares of the technology company’s stock worth $714,000 after acquiring an additional 1,555 shares during the last quarter. Sei Investments Co. lifted its stake in shares of AMETEK by 38.2% during the 2nd quarter. Sei Investments Co. now owns 223,227 shares of the technology company’s stock valued at $40,392,000 after buying an additional 61,672 shares in the last quarter. Finally, Squarepoint Ops LLC lifted its stake in shares of AMETEK by 105.3% during the 2nd quarter. Squarepoint Ops LLC now owns 158,274 shares of the technology company’s stock valued at $28,641,000 after buying an additional 81,178 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Stock Down 0.3%

Shares of NYSE AME opened at $225.95 on Tuesday. The firm’s 50-day moving average price is $227.83 and its 200-day moving average price is $219.62. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $51.79 billion, a price-to-earnings ratio of 34.13, a P/E/G ratio of 3.18 and a beta of 1.00. AMETEK, Inc. has a 12-month low of $174.43 and a 12-month high of $243.18.

AMETEK (NYSE:AME) last posted its quarterly earnings data 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. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The company had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same period in the prior year, the company posted $1.75 EPS. The firm’s revenue for the quarter was up 11.3% on a year-over-year basis. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. On average, equities research analysts anticipate that AMETEK, Inc. will post 8.13 EPS for the current fiscal year.

AMETEK Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Monday, June 15th. AMETEK’s dividend payout ratio is 20.54%.

Analyst Ratings Changes

AME has been the topic of a number of analyst reports. Truist Financial restated a “buy” rating and set a $275.00 target price (up from $265.00) on shares of AMETEK in a research note on Monday, May 4th. Morgan Stanley lifted their target price on shares of AMETEK from $215.00 to $235.00 and gave the company an “equal weight” rating in a research note on Thursday, March 12th. BMO Capital Markets initiated coverage on shares of AMETEK in a research note on Friday, March 27th. They set an “outperform” rating and a $253.00 target price on the stock. Wall Street Zen cut shares of AMETEK from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a research note on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, AMETEK presently has an average rating of “Moderate Buy” and a consensus target price of $252.33.

Insiders Place Their Bets

In related news, Director Thomas A. Amato sold 530 shares of the stock in a transaction dated 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 directly owned 4,480 shares of the company’s stock, valued at $971,174.40. This represents a 10.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.54% of the stock is owned by company insiders.

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.