Securian Asset Management Inc. Cuts Stock Position in AMETEK, Inc. $AME

Securian Asset Management Inc. decreased its position in shares of AMETEK, Inc. (NYSE:AME) by 43.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 6,259 shares of the technology company’s stock after selling 4,802 shares during the period. Securian Asset Management Inc.’s holdings in AMETEK were worth $1,285,000 at the end of the most recent quarter.

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

AMETEK Stock Down 0.5%

AMETEK stock opened at $231.04 on Wednesday. AMETEK, Inc. has a fifty-two week low of $174.43 and a fifty-two week high of $243.18. The firm has a market capitalization of $52.95 billion, a price-to-earnings ratio of 34.90, a price-to-earnings-growth ratio of 3.26 and a beta of 1.03. The stock’s fifty day moving average is $225.48 and its two-hundred day moving average is $215.25. 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 quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.07. The business had revenue of $1.93 billion during 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 business’s revenue was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the company 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. Analysts predict that AMETEK, Inc. will post 8.12 EPS for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, June 15th. AMETEK’s dividend payout ratio is 20.54%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on AME. KeyCorp boosted their price objective on AMETEK from $235.00 to $260.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. Truist Financial reaffirmed a “buy” rating and issued a $275.00 target price (up from $265.00) on shares of AMETEK in a report on Monday, May 4th. Oppenheimer cut shares of AMETEK from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 27th. DA Davidson reissued a “buy” rating and set a $265.00 price target on shares of AMETEK in a report on Monday, May 4th. Finally, Robert W. Baird set a $244.00 price objective on shares of AMETEK in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, AMETEK presently has a consensus rating of “Moderate Buy” and a consensus target price of $252.33.

Insider Activity at AMETEK

In other news, Director Thomas A. Amato sold 530 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total transaction of $114,893.40. Following the completion of the transaction, the director directly owned 4,480 shares of the company’s stock, valued at $971,174.40. This trade represents a 10.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.54% of the stock is owned by corporate insiders.

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.