Balyasny Asset Management L.P. Grows Stock Holdings in AMETEK, Inc. $AME

Balyasny Asset Management L.P. boosted its holdings in AMETEK, Inc. (NYSE:AME) by 539.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,070,555 shares of the technology company’s stock after buying an additional 903,061 shares during the period. Balyasny Asset Management L.P.’s holdings in AMETEK were worth $219,796,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. CoreCap Advisors LLC grew its position in shares of AMETEK by 84.3% during 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 in the last quarter. Darwin Wealth Management LLC purchased a new position in shares of AMETEK during the 2nd quarter valued at $25,000. BOKF NA grew its position in shares of AMETEK by 137.7% during 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 in the last quarter. Transamerica Financial Advisors LLC grew its position in shares of AMETEK by 73.9% during the 4th quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock valued at $31,000 after purchasing an additional 65 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of AMETEK during the 4th quarter valued at $32,000. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Thomas A. Amato sold 530 shares of the business’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 transaction, the director owned 4,480 shares in the company, valued at $971,174.40. The trade was a 10.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.54% of the stock is owned by corporate insiders.

AMETEK Stock Performance

AMETEK stock opened at $231.06 on Thursday. 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 has a market capitalization of $52.96 billion, a PE ratio of 34.90, a P/E/G ratio of 3.25 and a beta of 1.00. The firm has a fifty day simple moving average of $229.70 and a two-hundred day simple moving average of $221.29. AMETEK, Inc. has a twelve month low of $174.43 and a twelve month high of $243.18.

AMETEK (NYSE:AME) last posted its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.07. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The business had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the previous year, the firm posted $1.75 earnings per share. 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. Research analysts expect that AMETEK, Inc. will post 8.13 EPS for the current year.

AMETEK Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Wall Street Zen lowered shares of AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Truist Financial restated a “buy” rating and set a $275.00 price target (up from $265.00) on shares of AMETEK in a research report on Monday, May 4th. Weiss Ratings lowered shares of AMETEK from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. DA Davidson restated a “buy” rating and set a $265.00 price target on shares of AMETEK in a research report on Monday, May 4th. Finally, Citigroup assumed coverage on shares of AMETEK in a research report on Monday. They set a “neutral” rating and a $257.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, AMETEK presently has an average rating of “Moderate Buy” and a consensus price target of $252.69.

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.