Korea Investment CORP Cuts Stock Position in AMETEK, Inc. $AME

Korea Investment CORP cut its position in shares of AMETEK, Inc. (NYSE:AME) by 11.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 159,296 shares of the technology company’s stock after selling 19,713 shares during the quarter. Korea Investment CORP’s holdings in AMETEK were worth $29,948,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Darwin Wealth Management LLC purchased a new stake in AMETEK in the second quarter worth approximately $25,000. TruNorth Capital Management LLC purchased a new position in shares of AMETEK during the third quarter worth approximately $31,000. Grey Fox Wealth Advisors LLC bought a new stake in shares of AMETEK in the 3rd quarter worth approximately $39,000. Westside Investment Management Inc. boosted its stake in shares of AMETEK by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 224 shares of the technology company’s stock valued at $42,000 after purchasing an additional 112 shares in the last quarter. Finally, Sound Income Strategies LLC grew its holdings in shares of AMETEK by 4,420.0% during the 3rd quarter. Sound Income Strategies LLC now owns 226 shares of the technology company’s stock valued at $41,000 after purchasing an additional 221 shares during the last quarter. Institutional investors own 87.43% of the company’s stock.

AMETEK Trading Up 1.4%

Shares of AME opened at $225.11 on Tuesday. The stock 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. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $242.05. The company has a quick ratio of 0.67, a current ratio of 1.06 and a debt-to-equity ratio of 0.10. The firm has a fifty day simple moving average of $223.70 and a two-hundred day simple moving average of $203.29.

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 firm had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.94 billion. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The company’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the company 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, research analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be issued a dividend of $0.34 per share. The ex-dividend date is Monday, March 16th. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. This is a boost from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s dividend payout ratio (DPR) is presently 19.38%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Robert W. Baird set a $245.00 target price on shares of AMETEK in a research report on Thursday, February 5th. Oppenheimer lowered shares of AMETEK from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft started coverage on AMETEK in a report on Wednesday, January 21st. They issued a “buy” rating and a $271.00 price objective on the stock. 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, Mizuho set a $235.00 price target on AMETEK in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $243.00.

Insider Buying and Selling at AMETEK

In other AMETEK news, VP Thomas M. Montgomery sold 6,388 shares of the company’s stock in a transaction that occurred on Monday, December 22nd. The stock was 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 $4,534,885.80. This represents a 22.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Thomas C. Marecic sold 14,310 shares of AMETEK stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $202.11, for a total value of $2,892,194.10. Following the completion of the sale, the insider owned 42,589 shares in the company, valued at approximately $8,607,662.79. This represents a 25.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 49,088 shares of company stock valued at $9,930,020 in the last 90 days. Insiders own 0.57% of the company’s stock.

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.