Swiss National Bank Lowers Holdings in AMETEK, Inc. $AME

Swiss National Bank trimmed its stake in AMETEK, Inc. (NYSE:AMEFree Report) by 4.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 665,525 shares of the technology company’s stock after selling 32,900 shares during the quarter. Swiss National Bank’s holdings in AMETEK were worth $125,119,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of AME. Darwin Wealth Management LLC purchased a new position in shares of AMETEK in the 2nd quarter worth about $25,000. TruNorth Capital Management LLC purchased a new stake in AMETEK during the 3rd quarter valued at about $31,000. Grey Fox Wealth Advisors LLC bought a new stake in AMETEK during the 3rd quarter valued at about $39,000. Sound Income Strategies LLC increased its stake in AMETEK by 4,420.0% during the 3rd quarter. Sound Income Strategies LLC now owns 226 shares of the technology company’s stock valued at $41,000 after purchasing an additional 221 shares in the last quarter. Finally, Westside Investment Management Inc. raised its holdings in AMETEK by 100.0% in the third quarter. Westside Investment Management Inc. now owns 224 shares of the technology company’s stock worth $42,000 after buying an additional 112 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors.

AMETEK Trading Up 0.6%

Shares of NYSE:AME opened at $226.42 on Wednesday. AMETEK, Inc. has a 52-week low of $145.02 and a 52-week high of $242.05. The stock has a market capitalization of $51.85 billion, a price-to-earnings ratio of 35.38, a PEG ratio of 3.22 and a beta of 1.02. 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 stock’s 50-day simple moving average is $224.09 and its two-hundred day simple moving average is $203.57.

AMETEK (NYSE:AMEGet Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.94 by $0.07. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The company had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter last year, the firm posted $1.87 earnings per share. The firm’s 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. Analysts expect 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. Shareholders of record on Monday, March 16th will be issued a dividend of $0.34 per share. This is a boost from AMETEK’s previous quarterly dividend of $0.31. This represents a $1.36 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Monday, March 16th. AMETEK’s dividend payout ratio is presently 19.38%.

Analyst Ratings Changes

AME has been the topic of a number of recent analyst reports. Robert W. Baird set a $245.00 price target on shares of AMETEK in a report on Thursday, February 5th. Barclays upped their price objective on AMETEK from $210.00 to $220.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. Wall Street Zen raised AMETEK from a “hold” rating to a “buy” rating in a report on Sunday, February 22nd. 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. Finally, DA Davidson reaffirmed a “buy” rating and set a $240.00 price target on shares of AMETEK in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $243.00.

Get Our Latest Report on AMETEK

Insiders Place Their Bets

In other news, insider Thomas C. Marecic sold 14,310 shares of the firm’s 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 transaction, the insider owned 42,589 shares of the company’s stock, valued at $8,607,662.79. This trade represents a 25.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO David A. Zapico sold 28,390 shares of AMETEK 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 49,088 shares of company stock worth $9,930,020 over the last quarter. 0.57% of the stock is currently owned by corporate insiders.

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.

See Also

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)

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