Sumitomo Mitsui Trust Group Inc. Boosts Position in AMETEK, Inc. $AME

Sumitomo Mitsui Trust Group Inc. lifted its position in shares of AMETEK, Inc. (NYSE:AME) by 2.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 538,246 shares of the technology company’s stock after buying an additional 13,300 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in AMETEK were worth $101,190,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in AME. Focus Partners Wealth raised its position in shares of AMETEK by 12.8% during the 1st quarter. Focus Partners Wealth now owns 10,002 shares of the technology company’s stock worth $1,722,000 after purchasing an additional 1,137 shares during the last quarter. Geneos Wealth Management Inc. increased its position in AMETEK by 171.2% during the first quarter. Geneos Wealth Management Inc. now owns 632 shares of the technology company’s stock worth $109,000 after buying an additional 399 shares in the last quarter. Czech National Bank raised its holdings in shares of AMETEK by 6.2% in the second quarter. Czech National Bank now owns 56,435 shares of the technology company’s stock worth $10,212,000 after acquiring an additional 3,308 shares during the last quarter. Pallas Capital Advisors LLC lifted its position in shares of AMETEK by 319.4% in the second quarter. Pallas Capital Advisors LLC now owns 7,859 shares of the technology company’s stock valued at $1,422,000 after acquiring an additional 5,985 shares in the last quarter. Finally, Sivia Capital Partners LLC acquired a new stake in shares of AMETEK during the second quarter valued at $295,000. 87.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AME has been the topic of a number of recent research reports. Wall Street Zen upgraded shares of AMETEK from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Mizuho boosted their price objective on shares of AMETEK from $225.00 to $230.00 and gave the company an “outperform” rating in a research report on Monday, January 5th. DA Davidson raised their target price on shares of AMETEK from $235.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. Royal Bank Of Canada boosted their price target on AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Finally, KeyCorp increased their price target on AMETEK from $220.00 to $235.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 6th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $225.17.

Insider Buying and Selling at AMETEK

In other news, CEO David A. Zapico sold 28,390 shares of the company’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $201.76, for a total value of $5,727,966.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Ronald J. Oscher sold 26,290 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $200.05, for a total value of $5,259,314.50. Following the sale, the insider owned 40,226 shares in the company, valued at approximately $8,047,211.30. The trade was a 39.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 163,378 shares of company stock valued at $32,471,654 in the last quarter. Company insiders own 0.57% of the company’s stock.

AMETEK Price Performance

Shares of AMETEK stock opened at $211.61 on Wednesday. The business’s fifty day moving average price is $201.36 and its 200 day moving average price is $190.66. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $214.60. The company has a current ratio of 1.16, a quick ratio of 0.72 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $48.71 billion, a P/E ratio of 33.38, a PEG ratio of 2.76 and a beta of 1.04.

AMETEK (NYSE:AME) last released its quarterly earnings data on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.13. The company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.81 billion. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period last year, the business posted $1.66 EPS. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. As a group, research analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were issued a dividend of $0.31 per share. The ex-dividend date was Friday, December 5th. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. AMETEK’s payout ratio is presently 19.56%.

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.