Cramer Rosenthal Mcglynn LLC Sells 6,516 Shares of AMETEK, Inc. $AME

Cramer Rosenthal Mcglynn LLC lowered its stake in AMETEK, Inc. (NYSE:AME) by 9.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 59,666 shares of the technology company’s stock after selling 6,516 shares during the quarter. Cramer Rosenthal Mcglynn LLC’s holdings in AMETEK were worth $11,217,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. DA Davidson reiterated a “buy” rating and issued a $240.00 price target on shares of AMETEK in a research note on Wednesday, February 4th. Royal Bank Of Canada restated an “outperform” rating and issued a $257.00 price target on shares of AMETEK in a research note on Wednesday, February 4th. Morgan Stanley lifted their price objective on AMETEK from $198.00 to $215.00 and gave the stock an “equal weight” rating in a report on Monday, January 12th. Deutsche Bank Aktiengesellschaft started coverage on AMETEK in a research note on Wednesday, January 21st. They set a “buy” rating and a $271.00 price target for the company. Finally, Truist Financial set a $265.00 price objective on shares of AMETEK in a research note 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 assigned a Hold rating to the company. Based on data from MarketBeat, AMETEK has an average rating of “Moderate Buy” and a consensus price target of $243.00.

AMETEK Trading Down 3.7%

Shares of AMETEK stock opened at $226.16 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.67 and a current ratio of 1.06. The company has a fifty day moving average of $223.10 and a 200 day moving average of $202.46. The company has a market capitalization of $51.79 billion, a P/E ratio of 35.34, a P/E/G ratio of 3.35 and a beta of 1.02. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $242.05.

AMETEK (NYSE:AME) last released its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.07. The firm had revenue of $2 billion during the quarter, compared to analyst estimates of $1.94 billion. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The business’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. On average, sell-side 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. Investors of record on Monday, March 16th will be given a $0.34 dividend. This is an increase from AMETEK’s previous quarterly dividend of $0.31. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Monday, March 16th. AMETEK’s dividend payout ratio (DPR) is presently 19.38%.

Insider Activity at AMETEK

In other AMETEK news, VP Thomas M. Montgomery sold 6,388 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the completion of the transaction, the vice president owned 22,116 shares in the company, valued at $4,534,885.80. This trade represents a 22.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO David A. Zapico sold 28,390 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $201.76, for a total value of $5,727,966.40. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 49,088 shares of company stock valued at $9,930,020. Insiders own 0.57% of the company’s stock.

AMETEK Company 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.