ING Groep NV Decreases Stake in AMETEK, Inc. $AME

ING Groep NV lessened its holdings in AMETEK, Inc. (NYSE:AME) by 20.4% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 92,057 shares of the technology company’s stock after selling 23,522 shares during the period. ING Groep NV’s holdings in AMETEK were worth $17,307,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of AME. Vanguard Group Inc. boosted its position in AMETEK by 1.9% in the second quarter. Vanguard Group Inc. now owns 26,997,665 shares of the technology company’s stock worth $4,885,497,000 after purchasing an additional 513,402 shares during the last quarter. State Street Corp boosted its holdings in shares of AMETEK by 1.3% in the 2nd quarter. State Street Corp now owns 9,637,303 shares of the technology company’s stock worth $1,743,966,000 after buying an additional 126,105 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of AMETEK by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 5,794,236 shares of the technology company’s stock worth $1,044,009,000 after buying an additional 104,139 shares during the last quarter. Invesco Ltd. grew its position in AMETEK by 22.3% during the second quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock valued at $769,890,000 after buying an additional 775,078 shares during the period. Finally, Flossbach Von Storch SE increased its holdings in AMETEK by 0.4% during the second quarter. Flossbach Von Storch SE now owns 3,785,676 shares of the technology company’s stock worth $685,056,000 after buying an additional 15,610 shares during the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at AMETEK

In other AMETEK news, insider Thomas C. Marecic sold 14,310 shares of the stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $202.11, for a total value of $2,892,194.10. Following the sale, the insider directly owned 42,589 shares in the company, valued at $8,607,662.79. This represents a 25.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Thomas M. Montgomery sold 6,388 shares of the business’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the transaction, the vice president owned 22,116 shares of the company’s stock, valued at $4,534,885.80. This trade represents a 22.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 137,088 shares of company stock valued at $27,212,340. 0.57% of the stock is currently owned by corporate insiders.

AMETEK Trading Up 1.0%

NYSE:AME opened at $235.44 on Thursday. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $237.18. The stock’s fifty day moving average price is $213.19 and its two-hundred day moving average price is $196.92. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 0.67. The company has a market cap of $54.20 billion, a P/E ratio of 36.79, a P/E/G ratio of 3.33 and a beta of 1.03.

AMETEK (NYSE:AME) last released its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.94 by $0.07. The company had revenue of $2 billion for the quarter, compared to analyst estimates of $1.94 billion. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The firm’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.87 EPS. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. As a group, analysts expect that AMETEK, Inc. will post 7.15 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have weighed in on AME shares. Deutsche Bank Aktiengesellschaft initiated coverage on shares of AMETEK in a research note on Wednesday, January 21st. They issued a “buy” rating and a $271.00 target price on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a $257.00 price objective on shares of AMETEK in a research note on Wednesday, February 4th. Oppenheimer lowered AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. Barclays boosted their target price on AMETEK from $210.00 to $220.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Finally, Truist Financial set a $265.00 price target on AMETEK in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $243.00.

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.