AMETEK, Inc. $AME Stock: Nippon Life Global Investors Americas Inc. Cuts Stake

Nippon Life Global Investors Americas Inc. trimmed its holdings in shares of AMETEK, Inc. (NYSE:AME) by 68.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,120 shares of the technology company’s stock after selling 4,500 shares during the quarter. Nippon Life Global Investors Americas Inc.’s holdings in AMETEK were worth $525,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AME. BlackRock Inc. purchased a new position in AMETEK in the second quarter valued at about $4,725,928,000. Wellington Management Group LLP increased its stake in AMETEK by 7.0% during the 2nd quarter. Wellington Management Group LLP now owns 2,994,077 shares of the technology company’s stock valued at $724,387,000 after purchasing an additional 196,986 shares in the last quarter. Flossbach Von Storch SE purchased a new position in shares of AMETEK in the second quarter worth $662,352,000. Bank of New York Mellon Corp acquired a new position in shares of AMETEK in the 2nd quarter valued at $624,725,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of AMETEK by 1.4% during the first quarter. Dimensional Fund Advisors LP now owns 2,075,229 shares of the technology company’s stock worth $444,788,000 after purchasing an additional 29,001 shares during the period. 87.43% of the stock is currently owned by institutional investors.

AMETEK Stock Performance

AME opened at $240.88 on Monday. The company has a quick ratio of 0.76, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. The company has a market cap of $55.21 billion, a price-to-earnings ratio of 35.22, a PEG ratio of 2.28 and a beta of 0.96. AMETEK, Inc. has a 52-week low of $188.47 and a 52-week high of $261.16. The firm’s fifty day simple moving average is $243.54 and its two-hundred day simple moving average is $234.05.

AMETEK (NYSE:AME) last released its earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, topping analysts’ consensus estimates of $1.99 by $0.10. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The business had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter in the previous year, the company earned $1.78 earnings per share. The company’s quarterly revenue was up 15.0% on a year-over-year basis. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. Equities analysts anticipate that AMETEK, Inc. will post 8.41 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a dividend of $0.34 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s dividend payout ratio is presently 19.88%.

Insider Activity at AMETEK

In other news, insider David Hermance sold 6,608 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $254.00, for a total value of $1,678,432.00. Following the transaction, the insider owned 42,509 shares in the company, valued at $10,797,286. This trade represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.54% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on AME shares. TD Cowen restated a “buy” rating on shares of AMETEK in a research report on Thursday, August 6th. Zacks Research raised AMETEK from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 6th. Robert W. Baird boosted their price target on AMETEK from $275.00 to $280.00 and gave the company a “neutral” rating in a report on Monday, October 5th. Morgan Stanley set a $275.00 price objective on shares of AMETEK in a research note on Friday, October 9th. Finally, Rothschild & Co Redburn increased their target price on shares of AMETEK from $265.00 to $275.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $274.41.

AMETEK Profile

AMETEK, Inc is a global manufacturer of industrial technology solutions. The company develops and produces advanced analytical, monitoring, testing, and measurement instruments, as well as engineered electromechanical products used in industrial, aerospace, defense, energy, medical, and other specialized markets.

AMETEK operates through two primary business groups: Electronic Instruments and Electromechanical. Its products include process and power monitoring systems, analytical instruments, automation and control technologies, aerospace and defense equipment, precision motion-control systems, motors, thermal-management solutions, engineered materials, and specialty metal products.

The company traces its roots to 1930 and has expanded through the development and acquisition of specialized technology businesses.