Aristotle Atlantic Partners LLC Decreases Stock Holdings in AMETEK, Inc. $AME

Aristotle Atlantic Partners LLC cut its holdings in AMETEK, Inc. (NYSE:AME) by 1.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 233,475 shares of the technology company’s stock after selling 3,988 shares during the quarter. AMETEK makes up about 2.2% of Aristotle Atlantic Partners LLC’s holdings, making the stock its 12th largest holding. Aristotle Atlantic Partners LLC’s holdings in AMETEK were worth $47,935,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Florida Financial Advisors LLC raised its stake in shares of AMETEK by 2.2% in the fourth quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company’s stock worth $406,000 after purchasing an additional 43 shares during the last quarter. Plato Investment Management Ltd raised its stake in shares of AMETEK by 0.4% in the fourth quarter. Plato Investment Management Ltd now owns 10,751 shares of the technology company’s stock worth $2,218,000 after purchasing an additional 47 shares during the last quarter. Allegiance Financial Group Advisory Services LLC raised its stake in shares of AMETEK by 4.0% in the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 1,254 shares of the technology company’s stock worth $257,000 after purchasing an additional 48 shares during the last quarter. Washington Trust Advisors Inc. raised its stake in shares of AMETEK by 6.3% in the fourth quarter. Washington Trust Advisors Inc. now owns 850 shares of the technology company’s stock worth $175,000 after purchasing an additional 50 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH raised its stake in shares of AMETEK by 2.9% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 1,816 shares of the technology company’s stock worth $373,000 after purchasing an additional 51 shares during the last quarter. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Thomas A. Amato sold 530 shares of the company’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total value of $114,893.40. Following the completion of the sale, the director directly owned 4,480 shares of the company’s stock, valued at $971,174.40. This represents a 10.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

AME has been the subject of several research analyst reports. Robert W. Baird set a $244.00 price objective on AMETEK in a research note on Friday, May 1st. Royal Bank Of Canada raised their target price on AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Morgan Stanley raised their target price on AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a report on Thursday, March 12th. Barclays raised their target price on AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Finally, Citigroup started coverage on AMETEK in a report on Monday. They set a “neutral” rating and a $257.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $252.69.

AMETEK Stock Performance

NYSE AME opened at $231.06 on Thursday. The stock’s fifty day moving average is $229.70 and its two-hundred day moving average is $221.29. The firm has a market capitalization of $52.96 billion, a P/E ratio of 34.90, a price-to-earnings-growth ratio of 3.25 and a beta of 1.00. 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, Inc. has a fifty-two week low of $174.43 and a fifty-two week high of $243.18.

AMETEK (NYSE:AME) last posted its earnings results on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter in the previous year, the business earned $1.75 earnings per share. The company’s revenue for the quarter 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. On average, research analysts anticipate that AMETEK, Inc. will post 8.13 earnings per share for the current year.

AMETEK Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.34 per share. 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 currently 20.54%.

AMETEK Profile

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.