Kepler Cheuvreux Suisse SA purchased a new stake in shares of AMETEK, Inc. (NYSE:AME – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 32,621 shares of the technology company’s stock, valued at approximately $6,133,000.
A number of other hedge funds also recently modified their holdings of the company. Darwin Wealth Management LLC bought a new position in AMETEK in the 2nd quarter valued at $25,000. TruNorth Capital Management LLC bought a new stake in shares of AMETEK during the third quarter worth $31,000. Grey Fox Wealth Advisors LLC bought a new stake in shares of AMETEK during the third quarter worth $39,000. Westside Investment Management Inc. increased its stake in shares of AMETEK by 100.0% in the third quarter. Westside Investment Management Inc. now owns 224 shares of the technology company’s stock valued at $42,000 after buying an additional 112 shares in the last quarter. Finally, Sound Income Strategies LLC raised its holdings in shares of AMETEK by 4,420.0% in the third quarter. Sound Income Strategies LLC now owns 226 shares of the technology company’s stock valued at $41,000 after buying an additional 221 shares during the last quarter. Institutional investors own 87.43% of the company’s stock.
Insider Buying and Selling at AMETEK
In other news, insider Thomas C. Marecic sold 14,310 shares of AMETEK stock in a transaction 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 transaction, the insider directly owned 42,589 shares of the company’s stock, valued at $8,607,662.79. This trade represents a 25.15% decrease in their ownership of the stock. The sale 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 company’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 sale, 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 position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 49,088 shares of company stock valued at $9,930,020. Corporate insiders own 0.57% of the company’s stock.
AMETEK Trading Up 0.6%
AMETEK (NYSE:AME – Get Free Report) last issued its earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (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 analysts’ expectations 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 last 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. Research analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current year.
AMETEK Increases Dividend
The company also recently disclosed 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. This is an increase from AMETEK’s previous quarterly dividend of $0.31. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, March 16th. AMETEK’s dividend payout ratio is presently 19.38%.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on AME. KeyCorp increased their price objective on shares of AMETEK from $235.00 to $260.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Barclays boosted their target price on shares of AMETEK from $210.00 to $220.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. DA Davidson restated a “buy” rating and set a $240.00 target price on shares of AMETEK in a research report on Wednesday, February 4th. Robert W. Baird set a $245.00 price target on shares of AMETEK in a research report on Thursday, February 5th. Finally, Mizuho set a $235.00 price target on shares of AMETEK in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $243.00.
View Our Latest Report on AMETEK
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.
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