Strs Ohio Boosts Stock Position in AMETEK, Inc. $AME

Strs Ohio boosted its position in AMETEK, Inc. (NYSE:AMEFree Report) by 10.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 145,319 shares of the technology company’s stock after purchasing an additional 13,810 shares during the period. Strs Ohio’s holdings in AMETEK were worth $29,835,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. Nordea Investment Management AB lifted its holdings in AMETEK by 825.0% during the fourth quarter. Nordea Investment Management AB now owns 852,585 shares of the technology company’s stock valued at $176,153,000 after purchasing an additional 760,410 shares during the last quarter. Lazard Asset Management LLC lifted its stake in shares of AMETEK by 35.7% during the 3rd quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock valued at $497,444,000 after buying an additional 695,419 shares in the last quarter. Man Group plc lifted its stake in shares of AMETEK by 411.8% during the 3rd quarter. Man Group plc now owns 785,020 shares of the technology company’s stock valued at $147,584,000 after buying an additional 631,649 shares in the last quarter. Compagnie Lombard Odier SCmA bought a new position in AMETEK in the 3rd quarter worth approximately $118,311,000. Finally, AQR Capital Management LLC raised its holdings in AMETEK by 343.5% during the 2nd quarter. AQR Capital Management LLC now owns 656,112 shares of the technology company’s stock valued at $118,349,000 after acquiring an additional 508,164 shares during the period. 87.43% of the stock is currently owned by institutional investors.

AMETEK News Roundup

Here are the key news stories impacting AMETEK this week:

AMETEK Trading Down 2.3%

Shares of AMETEK stock opened at $230.00 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.67. AMETEK, Inc. has a 1 year low of $167.75 and a 1 year high of $242.05. The firm has a market cap of $52.69 billion, a PE ratio of 34.74, a PEG ratio of 3.32 and a beta of 1.03. The company has a 50 day simple moving average of $225.56 and a two-hundred day simple moving average of $213.02.

AMETEK (NYSE:AMEGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, beating the consensus estimate of $1.90 by $0.07. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The firm 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 company earned $1.75 EPS. The company’s 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. Analysts expect that AMETEK, Inc. will post 8.06 earnings per share for the current fiscal year.

AMETEK Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were issued a dividend of $0.34 per share. The ex-dividend date was Monday, March 16th. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. This is an increase from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s dividend payout ratio (DPR) is currently 21.25%.

Analyst Ratings Changes

A number of brokerages recently issued reports on AME. Melius Research set a $235.00 price objective on AMETEK in a report on Monday, January 5th. BMO Capital Markets began coverage on AMETEK in a report on Friday, March 27th. They set an “outperform” rating and a $253.00 target price for the company. Weiss Ratings reiterated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, January 21st. Truist Financial set a $265.00 price objective on shares of AMETEK in a research report on Wednesday, February 4th. Finally, Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a research note on Saturday. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $248.58.

View Our Latest Stock Analysis on AMETEK

Insiders Place Their Bets

In other news, Director Thomas A. Amato sold 530 shares of the company’s stock in a transaction dated 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 approximately $971,174.40. This represents a 10.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.54% of the stock is owned by insiders.

AMETEK Profile

(Free Report)

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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Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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