SEB Asset Management AB Purchases Shares of 108,328 AMETEK, Inc. $AME

SEB Asset Management AB acquired a new stake in shares of AMETEK, Inc. (NYSE:AME) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 108,328 shares of the technology company’s stock, valued at approximately $23,221,000.

Several other hedge funds have also recently added to or reduced their stakes in AME. Darwin Wealth Management LLC acquired a new position in shares of AMETEK in the 2nd quarter worth $25,000. CoreCap Advisors LLC increased its holdings in shares of AMETEK by 84.3% in 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 during the period. MV Capital Management Inc. acquired a new position in AMETEK in the 4th quarter valued at approximately $28,000. Brown Lisle Cummings Inc. increased its stake in shares of AMETEK by 878.6% in the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after acquiring an additional 123 shares during the last quarter. Finally, BOKF NA increased its position in AMETEK by 137.7% in the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after purchasing an additional 84 shares during the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on AME. Royal Bank Of Canada increased their price target on shares of AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Wall Street Zen downgraded AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Barclays upped their price objective on shares of AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Truist Financial upped their target price on AMETEK from $275.00 to $303.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Finally, Rothschild & Co Redburn set a $265.00 price target on shares of AMETEK in a research note on Thursday, June 18th. One investment 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 company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $256.29.

AMETEK Stock Performance

Shares of NYSE:AME opened at $236.66 on Monday. 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 $54.24 billion, a P/E ratio of 35.75, a P/E/G ratio of 3.32 and a beta of 0.99. The business has a 50-day moving average price of $231.11 and a two-hundred day moving average price of $226.52. AMETEK, Inc. has a 1-year low of $175.61 and a 1-year high of $244.71.

AMETEK (NYSE:AME) last announced its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. The firm 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 revenue for the quarter was up 11.3% on a year-over-year basis. During the same period last year, the firm earned $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 8.14 earnings per share for the current year.

AMETEK Dividend Announcement

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

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.