Mn Services Vermogensbeheer B.V. Buys 61,984 Shares of AMETEK, Inc. $AME

Mn Services Vermogensbeheer B.V. grew its position in shares of AMETEK, Inc. (NYSE:AME) by 93.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 128,287 shares of the technology company’s stock after purchasing an additional 61,984 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in AMETEK were worth $31,781,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of AME. BlackRock Inc. bought a new stake in AMETEK in the 2nd quarter valued at about $4,725,928,000. Wellington Management Group LLP increased its stake in shares of AMETEK by 7.0% in the second quarter. Wellington Management Group LLP now owns 2,994,077 shares of the technology company’s stock valued at $724,387,000 after purchasing an additional 196,986 shares during the period. Flossbach Von Storch SE bought a new stake in shares of AMETEK during the second quarter valued at approximately $662,352,000. Bank of New York Mellon Corp acquired a new position in shares of AMETEK during the second quarter worth approximately $624,725,000. Finally, Dimensional Fund Advisors LP boosted its position in shares of AMETEK by 1.4% during the first quarter. Dimensional Fund Advisors LP now owns 2,075,229 shares of the technology company’s stock worth $444,788,000 after buying an additional 29,001 shares during the period. Institutional investors own 87.43% of the company’s stock.

AMETEK Stock Performance

NYSE:AME opened at $247.67 on Friday. The company has a 50-day moving average of $244.70 and a 200-day moving average of $235.40. The firm has a market cap of $56.77 billion, a price-to-earnings ratio of 36.21, a price-to-earnings-growth ratio of 2.35 and a beta of 0.96. The company has a current ratio of 1.21, a quick ratio of 0.76 and a debt-to-equity ratio of 0.09. AMETEK, Inc. has a twelve month low of $179.24 and a twelve month high of $261.16.

AMETEK (NYSE:AME) last released its earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, topping analysts’ consensus estimates of $1.99 by $0.10. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The business had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same period in the previous year, the firm earned $1.78 EPS. The business’s revenue for the quarter was up 15.0% on a year-over-year basis. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. Analysts forecast that AMETEK, Inc. will post 8.42 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Tuesday, September 15th. AMETEK’s dividend payout ratio is 19.88%.

Insider Activity at AMETEK

In other news, insider David Hermance sold 6,608 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $254.00, for a total transaction of $1,678,432.00. Following the completion of the sale, the insider directly owned 42,509 shares of the company’s stock, valued at $10,797,286. This trade represents a 13.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

AME has been the topic of several analyst reports. KeyCorp raised their target price on AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Robert W. Baird raised their price target on AMETEK from $275.00 to $280.00 and gave the company a “neutral” rating in a report on Monday. Seaport Research Partners restated a “buy” rating and set a $290.00 price objective on shares of AMETEK in a research note on Wednesday, August 5th. Truist Financial raised their target price on shares of AMETEK from $303.00 to $316.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, TD Cowen restated a “buy” rating on shares of AMETEK in a research report on Thursday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $267.00.

AMETEK Profile

AMETEK, Inc (NYSE: AME) is a global manufacturer of industrial technology products. The company develops and produces electronic instruments and electromechanical devices used in process, industrial, aerospace, power, energy, and other specialized markets.

AMETEK’s Electronic Instruments segment supplies products such as process and analytical instruments, measurement and testing equipment, power-quality monitoring systems, automation and control solutions, and equipment for aerospace and defense applications.