CIBC Private Wealth Group LLC Has $46.94 Million Stock Holdings in AMETEK, Inc. $AME

CIBC Private Wealth Group LLC decreased its holdings in shares of AMETEK, Inc. (NYSE:AME) by 1.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 249,678 shares of the technology company’s stock after selling 3,897 shares during the period. CIBC Private Wealth Group LLC’s holdings in AMETEK were worth $46,939,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Principal Financial Group Inc. raised its stake in AMETEK by 4.9% during the third quarter. Principal Financial Group Inc. now owns 2,043,029 shares of the technology company’s stock worth $384,096,000 after acquiring an additional 94,645 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of AMETEK by 22.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 37,853 shares of the technology company’s stock valued at $7,116,000 after purchasing an additional 6,911 shares in the last quarter. Nordea Investment Management AB boosted its stake in shares of AMETEK by 246.0% in the 3rd quarter. Nordea Investment Management AB now owns 92,175 shares of the technology company’s stock valued at $17,344,000 after purchasing an additional 65,537 shares in the last quarter. Compagnie Lombard Odier SCmA bought a new stake in shares of AMETEK in the 3rd quarter worth about $118,311,000. Finally, Valley National Advisers Inc. acquired a new stake in shares of AMETEK during the 3rd quarter worth about $2,061,000. 87.43% of the stock is owned by institutional investors and hedge funds.

AMETEK Stock Performance

AME stock opened at $212.47 on Thursday. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $242.05. The company has a quick ratio of 0.67, a current ratio of 1.06 and a debt-to-equity ratio of 0.10. The company has a market cap of $48.67 billion, a P/E ratio of 33.20, a price-to-earnings-growth ratio of 3.08 and a beta of 1.02. The business’s fifty day moving average is $224.88 and its 200-day moving average is $204.70.

AMETEK (NYSE:AME) last released its quarterly earnings data 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 business had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the prior year, the company posted $1.87 earnings per share. The firm’s revenue was up 13.4% on a year-over-year basis. 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 research analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be paid a $0.34 dividend. This is a boost from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 21.25%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on AME shares. Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a report on Sunday, February 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $257.00 price objective on shares of AMETEK in a report on Wednesday, February 4th. Robert W. Baird set a $245.00 target price on shares of AMETEK in a research note on Thursday, February 5th. Deutsche Bank Aktiengesellschaft initiated coverage on AMETEK in a report on Wednesday, January 21st. They issued a “buy” rating and a $271.00 target price on the stock. Finally, KeyCorp raised their price target on AMETEK from $235.00 to $260.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $244.82.

Insider Buying and Selling at AMETEK

In related news, VP Thomas M. Montgomery sold 6,388 shares of AMETEK stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the transaction, the vice president owned 22,116 shares of the company’s stock, valued at $4,534,885.80. This trade represents a 22.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.57% of the stock is owned by corporate insiders.

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.