Mitsubishi UFJ Trust & Banking Corp lowered its stake in AMETEK, Inc. (NYSE:AME – Free Report) by 4.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 94,277 shares of the technology company’s stock after selling 4,850 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in AMETEK were worth $17,724,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in AME. Norges Bank purchased a new position in shares of AMETEK during the second quarter valued at about $650,613,000. Amundi boosted its position in AMETEK by 266.1% during the 2nd quarter. Amundi now owns 1,512,966 shares of the technology company’s stock valued at $275,345,000 after acquiring an additional 1,099,748 shares in the last quarter. Invesco Ltd. grew its holdings in shares of AMETEK by 22.3% during the 2nd quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock worth $769,890,000 after acquiring an additional 775,078 shares during the period. EdgePoint Investment Group Inc. lifted its stake in shares of AMETEK by 24.4% in the 2nd quarter. EdgePoint Investment Group Inc. now owns 2,926,530 shares of the technology company’s stock valued at $529,585,000 after purchasing an additional 573,191 shares during the period. Finally, Vanguard Group Inc. boosted its position in shares of AMETEK by 1.9% during the second quarter. Vanguard Group Inc. now owns 26,997,665 shares of the technology company’s stock valued at $4,885,497,000 after purchasing an additional 513,402 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors.
Insider Activity at AMETEK
In related news, insider Thomas C. Marecic sold 14,310 shares of AMETEK stock in a transaction 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 sale, the insider owned 42,589 shares of the company’s stock, valued at $8,607,662.79. The trade was a 25.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Thomas M. Montgomery sold 6,388 shares of the stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $205.05, for a total value of $1,309,859.40. Following the completion of the transaction, the vice president directly owned 22,116 shares in the company, valued at approximately $4,534,885.80. This represents a 22.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 163,378 shares of company stock worth $32,471,654. Company insiders own 0.57% of the company’s stock.
AMETEK Stock Performance
AMETEK (NYSE:AME – Get Free Report) last announced its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.13. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.The firm had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the company posted $1.66 earnings per share. The company’s quarterly revenue was up 10.8% on a year-over-year basis. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. Research analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.
AMETEK Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were given a dividend of $0.31 per share. The ex-dividend date was Friday, December 5th. This represents a $1.24 dividend on an annualized basis and a yield of 0.6%. AMETEK’s dividend payout ratio is 19.56%.
Analyst Ratings Changes
A number of research firms have issued reports on AME. Morgan Stanley increased their price objective on AMETEK from $198.00 to $215.00 and gave the stock an “equal weight” rating in a report on Monday, January 12th. Mizuho increased their price target on shares of AMETEK from $225.00 to $230.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. TD Cowen raised shares of AMETEK from a “sell” rating to a “buy” rating in a research note on Tuesday, December 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a research note on Wednesday, January 21st. Finally, Robert W. Baird upped their price target on AMETEK from $198.00 to $204.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, AMETEK currently has a consensus rating of “Moderate Buy” and a consensus price target of $229.82.
Read Our Latest Stock Report on AMETEK
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.
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