Mitsubishi UFJ Asset Management Co. Ltd. Buys 18,212 Shares of AMETEK, Inc. $AME

Mitsubishi UFJ Asset Management Co. Ltd. increased its position in AMETEK, Inc. (NYSE:AME) by 4.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 458,617 shares of the technology company’s stock after acquiring an additional 18,212 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in AMETEK were worth $86,220,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in AME. Darwin Wealth Management LLC bought a new position in shares of AMETEK in the second quarter worth approximately $25,000. TruNorth Capital Management LLC purchased a new position in shares of AMETEK during the 3rd quarter valued at $31,000. NewSquare Capital LLC boosted its holdings in AMETEK by 129.7% in the 2nd quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock worth $31,000 after buying an additional 96 shares during the period. SouthState Corp increased its stake in AMETEK by 47.4% in the 2nd quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after buying an additional 65 shares in the last quarter. Finally, Grey Fox Wealth Advisors LLC bought a new stake in AMETEK during the third quarter valued at about $39,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Insider Activity

In related news, CEO David A. Zapico sold 28,390 shares of the stock in a transaction dated Friday, December 12th. The shares were 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 Thomas C. Marecic sold 14,310 shares of AMETEK stock in a transaction dated 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 completion of the transaction, the insider owned 42,589 shares of the company’s stock, valued at approximately $8,607,662.79. This represents a 25.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 49,088 shares of company stock worth $9,930,020. 0.57% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on AME shares. Deutsche Bank Aktiengesellschaft initiated coverage on AMETEK in a research report on Wednesday, January 21st. They issued a “buy” rating and a $271.00 price objective on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a report on Wednesday, January 21st. Mizuho set a $235.00 price target on AMETEK in a research note on Wednesday, February 4th. Oppenheimer cut shares of AMETEK from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 27th. Finally, TD Cowen reissued a “buy” rating on shares of AMETEK in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $243.00.

AMETEK Stock Performance

NYSE:AME opened at $238.73 on Friday. The company has a market cap of $54.66 billion, a price-to-earnings ratio of 37.30, a PEG ratio of 3.39 and a beta of 1.03. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $239.94. The stock’s 50 day simple moving average is $220.97 and its two-hundred day simple moving average is $201.07. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 0.67.

AMETEK (NYSE:AME) last posted its earnings results on Tuesday, February 3rd. The technology company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.07. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The firm had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same period in the prior year, the company earned $1.87 EPS. The company’s quarterly revenue was up 13.4% compared to the same quarter last year. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. As a group, equities analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be issued a $0.34 dividend. This is a boost from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date is Monday, March 16th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s payout ratio is presently 19.38%.

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.