Franklin Resources Inc. Reduces Stock Position in AMETEK, Inc. $AME

Franklin Resources Inc. reduced its holdings in AMETEK, Inc. (NYSE:AME) by 24.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,335,389 shares of the technology company’s stock after selling 433,681 shares during the period. Franklin Resources Inc.’s holdings in AMETEK were worth $274,169,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Erste Asset Management GmbH grew its stake in shares of AMETEK by 191.8% in the 4th quarter. Erste Asset Management GmbH now owns 44,123 shares of the technology company’s stock worth $9,161,000 after buying an additional 29,002 shares in the last quarter. O Shaughnessy Asset Management LLC grew its stake in shares of AMETEK by 11.1% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 29,370 shares of the technology company’s stock worth $6,030,000 after buying an additional 2,945 shares in the last quarter. Syon Capital LLC grew its stake in shares of AMETEK by 21.9% in the 4th quarter. Syon Capital LLC now owns 5,203 shares of the technology company’s stock worth $1,068,000 after buying an additional 934 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S grew its stake in shares of AMETEK by 58.6% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 18,814 shares of the technology company’s stock worth $3,863,000 after buying an additional 6,955 shares in the last quarter. Finally, Pinebridge Investments LLC purchased a new position in shares of AMETEK in the 4th quarter worth $5,960,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AME has been the subject of a number of recent research reports. BMO Capital Markets initiated coverage on shares of AMETEK in a research note on Friday, March 27th. They issued an “outperform” rating and a $253.00 price objective for the company. Mizuho set a $270.00 price objective on shares of AMETEK in a research note on Friday, May 1st. Wall Street Zen lowered shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Morgan Stanley lifted their price target on shares of AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 12th. Finally, Truist Financial reaffirmed a “buy” rating and set a $275.00 price target (up from $265.00) on shares of AMETEK in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $252.33.

Insiders Place Their Bets

In related news, Director Thomas A. Amato sold 530 shares of AMETEK stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total transaction of $114,893.40. Following the completion of the sale, the director owned 4,480 shares in the company, valued at $971,174.40. This trade represents a 10.58% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.54% of the stock is owned by insiders.

AMETEK Price Performance

AME stock opened at $229.96 on Wednesday. AMETEK, Inc. has a 12 month low of $174.43 and a 12 month high of $243.18. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10. The company has a 50-day moving average price of $228.25 and a 200 day moving average price of $219.89. The stock has a market cap of $52.71 billion, a PE ratio of 34.74, a P/E/G ratio of 3.17 and a beta of 1.00.

AMETEK (NYSE:AME) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.07. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The firm had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.91 billion. During the same period in the previous year, the company earned $1.75 EPS. The firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. Equities research analysts anticipate that AMETEK, Inc. will post 8.13 earnings per share for the current year.

AMETEK Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a dividend of $0.34 per share. The ex-dividend date is Monday, June 15th. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is presently 20.54%.

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.