Mitsubishi UFJ Asset Management Co. Ltd. Has $79.70 Million Position in AMETEK, Inc. $AME

Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of AMETEK, Inc. (NYSE:AME) by 6.7% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 440,405 shares of the technology company’s stock after purchasing an additional 27,602 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in AMETEK were worth $79,696,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in AME. Aviva PLC increased its position in AMETEK by 6.9% in the 2nd quarter. Aviva PLC now owns 172,699 shares of the technology company’s stock worth $31,252,000 after buying an additional 11,091 shares during the period. Los Angeles Capital Management LLC bought a new position in AMETEK during the second quarter worth $202,000. AE Wealth Management LLC acquired a new position in AMETEK during the 2nd quarter valued at $288,000. Harvest Portfolios Group Inc. boosted its holdings in AMETEK by 9.7% in the 2nd quarter. Harvest Portfolios Group Inc. now owns 10,971 shares of the technology company’s stock valued at $1,985,000 after purchasing an additional 966 shares during the period. Finally, Vestmark Advisory Solutions Inc. grew its position in AMETEK by 165.8% in the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 13,831 shares of the technology company’s stock worth $2,503,000 after purchasing an additional 8,627 shares during the last quarter. Institutional investors own 87.43% of the company’s stock.

Insider Buying and Selling at AMETEK

In other news, insider Ronald J. Oscher sold 26,290 shares of AMETEK stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $200.05, for a total value of $5,259,314.50. Following the completion of the transaction, the insider owned 40,226 shares in the company, valued at approximately $8,047,211.30. The trade was a 39.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Melius lowered shares of AMETEK from a “buy” rating to a “hold” rating and set a $192.00 price objective for the company. in a research report on Monday, July 14th. Robert W. Baird upped their price target on AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. KeyCorp raised their price objective on AMETEK from $205.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, October 8th. Finally, Melius Research raised AMETEK to a “hold” rating in a research report on Monday, July 14th. Eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, AMETEK currently has a consensus rating of “Moderate Buy” and an average target price of $211.00.

AMETEK Stock Performance

Shares of NYSE:AME opened at $196.23 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. The business’s fifty day moving average price is $187.88 and its two-hundred day moving average price is $182.27. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $204.15. The stock has a market capitalization of $45.17 billion, a price-to-earnings ratio of 31.60, a price-to-earnings-growth ratio of 2.64 and a beta of 1.12.

AMETEK (NYSE:AME) last issued its earnings results on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.76 by $0.13. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the previous year, the company earned $1.66 EPS. The firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.320-7.370 EPS. As a group, analysts predict that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 5th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, December 5th. AMETEK’s dividend payout ratio is currently 19.56%.

About AMETEK

AMETEK, Inc manufactures and sells electronic instruments and electromechanical devices in the North America, Europe, Asia, and South America, and internationally. The company's EIG segment offers advanced instruments for the process, aerospace, power, and industrial markets; process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries; instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets; power quality monitoring and c devices, uninterruptible power supplies, programmable power and electromagnetic compatibility test equipment, and sensors for gas turbines and dashboard instruments; heavy trucks, instrumentation, and controls for the food and beverage industries; and aircraft and engine sensors, power supplies, embedded computing, monitoring, fuel and fluid measurement, and data acquisition systems for aerospace and defense industry.