Geode Capital Management LLC Purchases 37,651 Shares of AMETEK, Inc. $AME

Geode Capital Management LLC raised its position in AMETEK, Inc. (NYSE:AME) by 0.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 5,891,236 shares of the technology company’s stock after buying an additional 37,651 shares during the period. Geode Capital Management LLC’s holdings in AMETEK were worth $1,204,722,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of AME. Darwin Wealth Management LLC bought a new position in AMETEK in the 2nd quarter valued at $25,000. CoreCap Advisors LLC boosted its position in AMETEK by 84.3% in the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock valued at $26,000 after buying an additional 59 shares during the last quarter. BOKF NA boosted its position in AMETEK by 137.7% in the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after buying an additional 84 shares during the last quarter. Flagship Harbor Advisors LLC bought a new position in AMETEK in the 4th quarter valued at $32,000. Finally, ORG Partners LLC boosted its position in AMETEK by 42.6% in the 4th quarter. ORG Partners LLC now owns 201 shares of the technology company’s stock valued at $41,000 after buying an additional 60 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on AME. TD Cowen reiterated a “buy” rating on shares of AMETEK in a research report on Tuesday, February 3rd. Barclays increased their price target on AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Truist Financial reissued a “buy” rating and issued a $275.00 price target (up from $265.00) on shares of AMETEK in a research note on Monday, May 4th. BMO Capital Markets assumed coverage on AMETEK in a research note on Friday, March 27th. They issued an “outperform” rating and a $253.00 price target on the stock. Finally, DA Davidson reissued a “buy” rating and issued a $265.00 price target on shares of AMETEK in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $252.33.

AMETEK Stock Performance

Shares of AMETEK stock opened at $226.13 on Friday. The company has a market capitalization of $51.83 billion, a PE ratio of 34.16, a PEG ratio of 3.16 and a beta of 1.03. AMETEK, Inc. has a 12 month low of $174.43 and a 12 month high of $243.18. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10. The stock’s fifty day simple moving average is $226.17 and its 200 day simple moving average is $218.09.

AMETEK (NYSE:AME) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, topping the consensus estimate of $1.90 by $0.07. The business 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 revenue was up 11.3% compared to the same quarter last year. During the same quarter last 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. On average, research analysts predict that AMETEK, Inc. will post 8.13 EPS for the current 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 dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, June 15th. AMETEK’s dividend payout ratio is 20.54%.

Insider Transactions at AMETEK

In other AMETEK news, Director Thomas A. Amato sold 530 shares of the stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total transaction of $114,893.40. Following the completion of 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.54% of the company’s stock.

About AMETEK

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.