Varma Mutual Pension Insurance Co Grows Stock Position in AMETEK, Inc. $AME

Varma Mutual Pension Insurance Co boosted its position in AMETEK, Inc. (NYSE:AME) by 8.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 60,695 shares of the technology company’s stock after buying an additional 4,900 shares during the period. Varma Mutual Pension Insurance Co’s holdings in AMETEK were worth $11,411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new stake in shares of AMETEK in the 2nd quarter worth $25,000. TruNorth Capital Management LLC acquired a new position in shares of AMETEK during the third quarter worth about $31,000. NewSquare Capital LLC lifted its position in AMETEK by 129.7% in the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock valued at $31,000 after purchasing an additional 96 shares during the period. SouthState Corp boosted its holdings in AMETEK by 47.4% in the 2nd quarter. SouthState Corp now owns 202 shares of the technology company’s stock valued at $37,000 after purchasing an additional 65 shares in the last quarter. Finally, Grey Fox Wealth Advisors LLC acquired a new position in AMETEK during the 3rd quarter worth approximately $39,000. 87.43% of the stock is owned by institutional investors and hedge funds.

AMETEK Trading Up 0.5%

NYSE:AME opened at $229.76 on Friday. AMETEK, Inc. has a 52-week low of $145.02 and a 52-week high of $239.94. 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 stock has a fifty day simple moving average of $214.39 and a 200-day simple moving average of $197.49. The company has a market capitalization of $52.89 billion, a PE ratio of 35.90, a price-to-earnings-growth ratio of 3.26 and a beta of 1.03.

AMETEK (NYSE:AME) last issued its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 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 firm’s revenue was up 13.4% on a year-over-year basis. During the same period in the prior year, the company earned $1.87 EPS. 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, equities research analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Increases Dividend

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

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Truist Financial set a $265.00 price target on AMETEK in a research note on Wednesday, February 4th. Morgan Stanley raised their target price on AMETEK from $198.00 to $215.00 and gave the company an “equal weight” rating in a report on Monday, January 12th. Wall Street Zen cut shares of AMETEK from a “buy” rating to a “hold” rating in a research note on Saturday. TD Cowen reiterated a “buy” rating on shares of AMETEK in a report on Tuesday, February 3rd. Finally, DA Davidson reissued a “buy” rating and set a $240.00 price objective on shares of AMETEK in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $243.00.

Insider Activity at AMETEK

In other news, insider Thomas C. Marecic sold 14,310 shares of the company’s stock in a transaction 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 sale, the insider directly owned 42,589 shares in the company, valued at $8,607,662.79. This represents a 25.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Thomas M. Montgomery sold 6,388 shares of AMETEK stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $205.05, for a total value of $1,309,859.40. Following 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 SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 137,088 shares of company stock valued at $27,212,340. 0.57% of the stock is owned by corporate insiders.

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.