Swedbank AB Reduces Stock Holdings in AMETEK, Inc. $AME

Swedbank AB reduced its position in shares of AMETEK, Inc. (NYSE:AME) by 6.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 77,403 shares of the technology company’s stock after selling 5,041 shares during the quarter. Swedbank AB’s holdings in AMETEK were worth $16,592,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of AME. Darwin Wealth Management LLC acquired a new stake in shares of AMETEK during the 2nd quarter worth approximately $25,000. CoreCap Advisors LLC grew its position in AMETEK by 84.3% in the fourth quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after acquiring an additional 59 shares during the period. MV Capital Management Inc. acquired a new stake in AMETEK during the fourth quarter worth $28,000. Brown Lisle Cummings Inc. increased its stake in AMETEK by 878.6% during the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after acquiring an additional 123 shares during the last quarter. Finally, BOKF NA raised its position in AMETEK by 137.7% in the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after purchasing an additional 84 shares during the period. 87.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on AME. Truist Financial increased their price target on AMETEK from $275.00 to $303.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. BMO Capital Markets started coverage on shares of AMETEK in a research report on Friday, March 27th. They issued an “outperform” rating and a $253.00 target price on the stock. Weiss Ratings upgraded shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, June 29th. 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. Finally, Barclays upped their price objective on shares of AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $255.57.

AMETEK Trading Up 0.7%

Shares of AME stock opened at $232.92 on Friday. AMETEK, Inc. has a fifty-two week low of $174.43 and a fifty-two week high of $244.71. The company has a 50 day moving average price of $231.09 and a 200 day moving average price of $225.40. The stock has a market capitalization of $53.38 billion, a P/E ratio of 35.18, a price-to-earnings-growth ratio of 3.25 and a beta of 0.99. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.72 and a current ratio of 1.14.

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

AMETEK Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Monday, June 15th. AMETEK’s dividend payout ratio (DPR) is presently 20.54%.

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.