Payden & Rygel purchased a new position in shares of AMETEK, Inc. (NYSE:AME – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 49,100 shares of the technology company’s stock, valued at approximately $10,081,000.
Other large investors have also recently bought and sold shares of the company. Nordea Investment Management AB grew its position in shares of AMETEK by 825.0% in the 4th quarter. Nordea Investment Management AB now owns 852,585 shares of the technology company’s stock valued at $176,153,000 after buying an additional 760,410 shares during the last quarter. Lazard Asset Management LLC boosted its stake in AMETEK by 35.7% in the third quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock valued at $497,444,000 after acquiring an additional 695,419 shares in the last quarter. Man Group plc grew its holdings in shares of AMETEK by 411.8% during the third quarter. Man Group plc now owns 785,020 shares of the technology company’s stock worth $147,584,000 after purchasing an additional 631,649 shares during the last quarter. Compagnie Lombard Odier SCmA purchased a new position in shares of AMETEK during the third quarter worth about $118,311,000. Finally, AQR Capital Management LLC increased its position in shares of AMETEK by 343.5% during the second quarter. AQR Capital Management LLC now owns 656,112 shares of the technology company’s stock worth $118,349,000 after purchasing an additional 508,164 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.
Insider Buying and Selling at AMETEK
In related news, Director Thomas A. Amato sold 530 shares of AMETEK stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total value of $114,893.40. Following the transaction, the director directly owned 4,480 shares in the company, valued at $971,174.40. This trade represents a 10.58% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.54% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
Check Out Our Latest Research Report on AME
AMETEK Stock Performance
NYSE AME opened at $225.84 on Tuesday. The firm has a market cap of $51.76 billion, a P/E ratio of 34.11, a P/E/G ratio of 3.20 and a beta of 1.03. AMETEK, Inc. has a 52-week low of $174.43 and a 52-week high of $243.18. The business’s 50-day moving average price is $225.06 and its 200 day moving average price is $216.44. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10.
AMETEK (NYSE:AME – Get Free Report) last posted 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 during the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the prior year, the business earned $1.75 EPS. The firm’s revenue was up 11.3% compared to the same quarter last year. 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, equities research analysts expect that AMETEK, Inc. will post 8.13 earnings per share for the current year.
AMETEK Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a dividend of $0.34 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 20.54%.
AMETEK Company 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.
Read More
- Five stocks we like better than AMETEK
- Why Applied Optoelectronics Stock May Be Near a Turning Point
- From High-Yield to High-Growth: 3 Stocks Boosting Dividends
- Is Everspin Technologies the Next AI Edge Breakout?
- 5 Robotics Stocks to Watch as Physical AI Builds Momentum
Want to see what other hedge funds are holding AME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMETEK, Inc. (NYSE:AME – Free Report).
Receive News & Ratings for AMETEK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMETEK and related companies with MarketBeat.com's FREE daily email newsletter.
