AMETEK, Inc. $AME Shares Sold by TD Asset Management Inc

TD Asset Management Inc reduced its position in shares of AMETEK, Inc. (NYSE:AME) by 17.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 99,221 shares of the technology company’s stock after selling 21,492 shares during the period. TD Asset Management Inc’s holdings in AMETEK were worth $18,654,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in AME. Darwin Wealth Management LLC purchased a new position in AMETEK in the 2nd quarter worth approximately $25,000. TruNorth Capital Management LLC purchased a new position in AMETEK during the third quarter worth approximately $31,000. NewSquare Capital LLC boosted its stake in AMETEK by 129.7% during the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock worth $31,000 after buying an additional 96 shares during the last quarter. SouthState Corp grew its holdings in AMETEK by 47.4% in the 2nd quarter. SouthState Corp now owns 202 shares of the technology company’s stock valued at $37,000 after buying an additional 65 shares in the last quarter. Finally, Grey Fox Wealth Advisors LLC acquired a new stake in shares of AMETEK in the 3rd quarter worth $39,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on AME. Wall Street Zen upgraded shares of AMETEK from a “hold” rating to a “buy” rating in a research report on Sunday, February 22nd. DA Davidson reaffirmed a “buy” rating and set a $240.00 price target on shares of AMETEK in a research report on Wednesday, February 4th. Mizuho set a $235.00 price objective on AMETEK in a research report on Wednesday, February 4th. Royal Bank Of Canada restated an “outperform” rating and issued a $257.00 target price on shares of AMETEK in a research report on Wednesday, February 4th. Finally, Truist Financial set a $265.00 price target on AMETEK in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $243.00.

Insider Buying and Selling

In other AMETEK news, VP Thomas M. Montgomery sold 6,388 shares of the business’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $205.05, for a total value of $1,309,859.40. Following the completion of the transaction, the vice president owned 22,116 shares in the company, valued at $4,534,885.80. The trade was a 22.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO David A. Zapico sold 28,390 shares of the stock in a transaction on Friday, December 12th. The shares were sold at an average price of $201.76, for a total value of $5,727,966.40. The SEC filing for this sale provides additional information. Insiders have sold a total of 49,088 shares of company stock valued at $9,930,020 in the last ninety days. Company insiders own 0.57% of the company’s stock.

AMETEK Stock Up 0.7%

Shares of NYSE AME opened at $238.73 on Friday. AMETEK, Inc. has a 52-week low of $145.02 and a 52-week high of $239.94. The business’s 50 day moving average is $220.97 and its two-hundred day moving average is $201.19. The firm has a market cap of $54.66 billion, a price-to-earnings ratio of 37.30, a PEG ratio of 3.42 and a beta of 1.03. The company has a quick ratio of 0.67, a current ratio of 1.06 and a debt-to-equity ratio of 0.10.

AMETEK (NYSE:AME) last posted its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.07. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The firm had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the previous year, the business earned $1.87 EPS. The company’s quarterly revenue was up 13.4% compared to the same quarter last year. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. Research analysts predict that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. This is an increase from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date is Monday, March 16th. AMETEK’s dividend payout ratio (DPR) is presently 19.38%.

About AMETEK

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.