Mar Vista Investment Partners LLC cut its stake in AMETEK, Inc. (NYSE:AME – Free Report) by 2.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 179,827 shares of the technology company’s stock after selling 3,905 shares during the quarter. AMETEK comprises approximately 2.9% of Mar Vista Investment Partners LLC’s portfolio, making the stock its 15th biggest holding. Mar Vista Investment Partners LLC’s holdings in AMETEK were worth $33,807,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in AMETEK by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 27,173,705 shares of the technology company’s stock worth $5,108,657,000 after purchasing an additional 176,040 shares in the last quarter. State Street Corp lifted its position in AMETEK by 1.3% in the second quarter. State Street Corp now owns 9,637,303 shares of the technology company’s stock valued at $1,743,966,000 after buying an additional 126,105 shares during the last quarter. Geode Capital Management LLC lifted its stake in AMETEK by 1.8% during the second quarter. Geode Capital Management LLC now owns 5,794,236 shares of the technology company’s stock worth $1,044,009,000 after purchasing an additional 104,139 shares in the last quarter. Invesco Ltd. lifted its stake in AMETEK by 22.3% during the 2nd quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock worth $769,890,000 after acquiring an additional 775,078 shares in the last quarter. Finally, Flossbach Von Storch SE increased its stake in AMETEK by 0.4% during the 2nd quarter. Flossbach Von Storch SE now owns 3,785,676 shares of the technology company’s stock worth $685,056,000 after buying an additional 15,610 shares during the period. Hedge funds and other institutional investors own 87.43% of the company’s stock.
Insider Buying and Selling at AMETEK
In other AMETEK news, CEO David A. Zapico sold 28,390 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $201.76, for a total transaction of $5,727,966.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Thomas C. Marecic sold 14,310 shares of the company’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the completion of the sale, the insider directly owned 42,589 shares of the company’s stock, valued at $8,607,662.79. The trade was a 25.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 49,088 shares of company stock valued at $9,930,020 in the last quarter. Corporate insiders own 0.57% of the company’s stock.
AMETEK Stock Performance
AMETEK (NYSE:AME – Get Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.07. The firm had revenue of $2 billion for the quarter, compared to analyst estimates of $1.94 billion. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. AMETEK’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior 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. Equities analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.
AMETEK Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be given a $0.34 dividend. This is a positive change from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date is Monday, March 16th. This represents a $1.36 annualized dividend and a yield of 0.6%. AMETEK’s payout ratio is currently 19.38%.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on AME shares. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $257.00 target price on shares of AMETEK in a report on Wednesday, February 4th. Melius Research set a $235.00 target price on shares of AMETEK in a research note on Monday, January 5th. DA Davidson reaffirmed a “buy” rating and issued a $240.00 target price on shares of AMETEK in a report on Wednesday, February 4th. KeyCorp boosted their target price on shares of AMETEK from $235.00 to $260.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th. Finally, Morgan Stanley upped their price target on AMETEK from $198.00 to $215.00 and gave the stock an “equal weight” rating in a report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $243.00.
Check Out Our Latest Analysis on AME
AMETEK 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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