AMETEK, Inc. $AME Shares Sold by Capital Group Private Client Services Inc.

Capital Group Private Client Services Inc. decreased its holdings in AMETEK, Inc. (NYSE:AME) by 73.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,379 shares of the technology company’s stock after selling 128,816 shares during the quarter. Capital Group Private Client Services Inc.’s holdings in AMETEK were worth $8,719,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of AME. Darwin Wealth Management LLC purchased a new position in shares of AMETEK in the second quarter worth $25,000. TruNorth Capital Management LLC acquired a new position in shares of AMETEK in the 3rd quarter valued at $31,000. Grey Fox Wealth Advisors LLC purchased a new position in AMETEK in the 3rd quarter worth $39,000. Sound Income Strategies LLC raised its stake in AMETEK by 4,420.0% in the 3rd quarter. Sound Income Strategies LLC now owns 226 shares of the technology company’s stock worth $41,000 after acquiring an additional 221 shares during the last quarter. Finally, Westside Investment Management Inc. lifted its position in AMETEK by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 224 shares of the technology company’s stock worth $42,000 after acquiring an additional 112 shares during the period. Institutional investors and hedge funds own 87.43% of the company’s stock.

AMETEK Stock Performance

NYSE AME opened at $225.11 on Tuesday. The firm has a market capitalization of $51.54 billion, a P/E ratio of 35.17, a PEG ratio of 3.17 and a beta of 1.02. The stock has a 50-day simple moving average of $223.70 and a two-hundred day simple moving average of $203.29. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.67 and a current ratio of 1.06. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $242.05.

AMETEK (NYSE:AME) last issued its earnings results on Tuesday, February 3rd. The technology company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.94 by $0.07. The firm had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.94 billion. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The company’s revenue was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.87 earnings per share. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. On average, equities analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, March 16th. This is a positive change from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s dividend payout ratio is 19.38%.

Insider Activity

In other news, insider Thomas C. Marecic sold 14,310 shares of AMETEK stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the completion of the transaction, the insider directly owned 42,589 shares of the company’s stock, valued at $8,607,662.79. The trade was a 25.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 completion of the transaction, the vice president owned 22,116 shares of the company’s stock, valued at approximately $4,534,885.80. This represents a 22.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 49,088 shares of company stock valued at $9,930,020 in the last three months. 0.57% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have weighed in on AME. TD Cowen reiterated a “buy” rating on shares of AMETEK in a research note on Tuesday, February 3rd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $257.00 target price on shares of AMETEK in a report on Wednesday, February 4th. Morgan Stanley upped their target price on AMETEK from $198.00 to $215.00 and gave the company an “equal weight” rating in a research report on Monday, January 12th. Oppenheimer downgraded shares of AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of AMETEK in a research report on Wednesday, January 21st. They set a “buy” rating and a $271.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $243.00.

About AMETEK

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.