North Dakota State Investment Board bought a new stake in AMETEK, Inc. (NYSE:AME – Free Report) in the fourth quarter, Holdings Channel reports. The institutional investor bought 7,900 shares of the technology company’s stock, valued at approximately $1,622,000.
A number of other institutional investors also recently modified their holdings of the company. Nordea Investment Management AB raised its position in AMETEK by 825.0% in the 4th quarter. Nordea Investment Management AB now owns 852,585 shares of the technology company’s stock worth $176,153,000 after purchasing an additional 760,410 shares during the last quarter. Lazard Asset Management LLC raised its position in AMETEK by 35.7% in the 3rd quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock worth $497,444,000 after purchasing an additional 695,419 shares during the last quarter. Man Group plc raised its position in AMETEK by 411.8% in the 3rd 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 bought a new position in AMETEK in the 3rd quarter worth approximately $118,311,000. Finally, AQR Capital Management LLC raised its position in AMETEK by 343.5% in the 2nd 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 during the last quarter. Institutional investors own 87.43% of the company’s stock.
Insider Activity
In other news, Director Thomas A. Amato sold 530 shares of the business’s 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 completion of the transaction, the director owned 4,480 shares of the company’s stock, valued at $971,174.40. The trade was a 10.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Read Our Latest Stock Report on AMETEK
AMETEK Price Performance
AME opened at $221.10 on Wednesday. The company has a fifty day moving average price of $225.04 and a two-hundred day moving average price of $216.70. 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 52 week low of $174.43 and a 52 week high of $243.18. The firm has a market capitalization of $50.68 billion, a PE ratio of 33.40, a P/E/G ratio of 3.17 and a beta of 1.03.
AMETEK (NYSE:AME – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.07. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The company had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.91 billion. During the same quarter in the previous year, the business earned $1.75 EPS. The firm’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. As a group, analysts anticipate that AMETEK, Inc. will post 8.13 earnings per share for the current year.
AMETEK Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a $0.34 dividend. 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 payout ratio is 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.
Featured Articles
- Five stocks we like better than AMETEK
- HIVE Weaponizes Power for an AI Pivot
- A Deep Dive Into NVIDIA’s Latest Portfolio Moves
- Brady Corp Wires Up a Massive AI-Powered Breakout
- Why Home Depot’s Sell-Off Could Become a Huge Opportunity
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.
