Blair William & Co. IL Trims Stock Position in AMETEK, Inc. $AME

Blair William & Co. IL cut its position in AMETEK, Inc. (NYSE:AMEFree Report) by 8.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 486,174 shares of the technology company’s stock after selling 43,099 shares during the quarter. Blair William & Co. IL’s holdings in AMETEK were worth $99,816,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of AME. Royal Bank of Canada raised its position in shares of AMETEK by 2.3% in the fourth quarter. Royal Bank of Canada now owns 1,448,824 shares of the technology company’s stock worth $297,457,000 after buying an additional 32,069 shares in the last quarter. Night Squared LP purchased a new position in AMETEK during the fourth quarter worth about $7,362,000. Rakuten Investment Management Inc. grew its position in AMETEK by 171.6% during the fourth quarter. Rakuten Investment Management Inc. now owns 30,315 shares of the technology company’s stock worth $6,326,000 after buying an additional 19,153 shares in the last quarter. L2 Asset Management LLC increased its stake in AMETEK by 7.3% in the 4th quarter. L2 Asset Management LLC now owns 1,160 shares of the technology company’s stock worth $238,000 after acquiring an additional 79 shares during the last quarter. Finally, Cynosure Group LLC purchased a new stake in shares of AMETEK in the 4th quarter valued at about $498,000. 87.43% of the stock is owned by institutional investors.

AMETEK Trading Up 0.8%

NYSE AME opened at $232.19 on Wednesday. AMETEK, Inc. has a twelve month low of $174.43 and a twelve month high of $243.18. The firm has a market capitalization of $53.22 billion, a PE ratio of 35.07, a P/E/G ratio of 3.23 and a beta of 1.00. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10. The stock’s 50 day moving average is $229.45 and its 200 day moving average is $221.05.

AMETEK (NYSE:AMEGet Free Report) last posted its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.07. The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The firm’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.75 EPS. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. Research analysts forecast that AMETEK, Inc. will post 8.13 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $0.34 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.36 annualized dividend and a yield of 0.6%. AMETEK’s payout ratio is 20.54%.

Insider Activity

In other news, Director Thomas A. Amato sold 530 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total value of $114,893.40. Following the transaction, the director owned 4,480 shares in the company, valued at approximately $971,174.40. This represents a 10.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Barclays lifted their target price on shares of AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Robert W. Baird set a $244.00 price target on shares of AMETEK in a report on Friday, May 1st. Citigroup assumed coverage on shares of AMETEK in a report on Monday. They set a “neutral” rating and a $257.00 price objective for the company. Weiss Ratings cut AMETEK from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Finally, Wall Street Zen cut shares of AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, AMETEK presently has a consensus rating of “Moderate Buy” and a consensus price target of $252.69.

View Our Latest Stock Analysis on AME

About AMETEK

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding AME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMETEK, Inc. (NYSE:AMEFree Report).

Institutional Ownership by Quarter for AMETEK (NYSE:AME)

Receive News & Ratings for AMETEK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMETEK and related companies with MarketBeat.com's FREE daily email newsletter.