TD Asset Management Inc Reduces Position in AMETEK, Inc. $AME

TD Asset Management Inc reduced its position in shares of AMETEK, Inc. (NYSE:AME) by 17.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 99,221 shares of the technology company’s stock after selling 21,492 shares during the period. TD Asset Management Inc’s holdings in AMETEK were worth $18,654,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new stake in AMETEK in the second quarter valued at $25,000. NewSquare Capital LLC increased its holdings in shares of 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 during the last quarter. TruNorth Capital Management LLC acquired a new stake in shares of AMETEK during the 3rd quarter worth about $31,000. SouthState Corp lifted its stake in AMETEK by 47.4% during the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after purchasing an additional 65 shares during the last quarter. Finally, AdvisorShares Investments LLC acquired a new position in AMETEK in the second quarter valued at approximately $39,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Insider Buying and Selling at AMETEK

In related news, insider Thomas C. Marecic sold 14,310 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 42,589 shares of the company’s stock, valued at $8,607,662.79. This trade represents a 25.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 value of $5,727,966.40. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 49,088 shares of company stock valued at $9,930,020. Corporate insiders own 0.57% of the company’s stock.

AMETEK Stock Performance

NYSE:AME opened at $238.73 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 0.67. The firm has a market cap of $54.66 billion, a price-to-earnings ratio of 37.30, a price-to-earnings-growth ratio of 3.42 and a beta of 1.03. The firm’s fifty day moving average price is $220.97 and its 200 day moving average price is $201.19. AMETEK, Inc. has a 1-year low of $145.02 and a 1-year high of $239.94.

AMETEK (NYSE:AME) last released its earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.07. The company had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.94 billion. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The firm’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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, sell-side analysts expect that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Increases Dividend

The business 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 dividend of $0.34 per share. The ex-dividend date is Monday, March 16th. This is an increase from AMETEK’s previous quarterly dividend of $0.31. This represents a $1.36 annualized dividend and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 19.38%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on AME. Barclays boosted their price objective on shares of AMETEK from $210.00 to $220.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. Morgan Stanley lifted their price target on shares of AMETEK from $198.00 to $215.00 and gave the stock an “equal weight” rating in a research note on Monday, January 12th. Royal Bank Of Canada reissued an “outperform” rating and issued a $257.00 price target on shares of AMETEK in a research report on Wednesday, February 4th. TD Cowen reaffirmed a “buy” rating on shares of AMETEK in a report on Tuesday, February 3rd. Finally, Truist Financial set a $265.00 target price on AMETEK in a report on Wednesday, February 4th. One 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $243.00.

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.