Groupama Asset Managment Cuts Stock Position in AMETEK, Inc. $AME

Groupama Asset Managment cut its stake in shares of AMETEK, Inc. (NYSE:AME) by 53.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,997 shares of the technology company’s stock after selling 21,832 shares during the quarter. Groupama Asset Managment’s holdings in AMETEK were worth $3,571,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new position in AMETEK in the 2nd quarter valued at $25,000. TruNorth Capital Management LLC acquired a new stake in shares of AMETEK in the 3rd quarter worth $31,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of AMETEK in the third quarter valued at about $39,000. Sound Income Strategies LLC increased its stake in shares of AMETEK by 4,420.0% during the third quarter. Sound Income Strategies LLC now owns 226 shares of the technology company’s stock worth $41,000 after acquiring an additional 221 shares during the period. Finally, Westside Investment Management Inc. raised its holdings in AMETEK by 100.0% during the third quarter. Westside Investment Management Inc. now owns 224 shares of the technology company’s stock worth $42,000 after purchasing an additional 112 shares in the last quarter. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AME has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of AMETEK in a research report on Wednesday, January 21st. They issued a “buy” rating and a $271.00 price objective for the company. KeyCorp increased their target price on AMETEK from $235.00 to $260.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Melius Research set a $235.00 price target on AMETEK in a report on Monday, January 5th. TD Cowen reaffirmed a “buy” rating on shares of AMETEK in a report on Tuesday, February 3rd. Finally, Oppenheimer cut AMETEK from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 27th. 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’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $244.82.

Insiders Place Their Bets

In other AMETEK news, VP Thomas M. Montgomery sold 6,388 shares of the company’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $205.05, for a total value of $1,309,859.40. Following the sale, the vice president owned 22,116 shares of the company’s stock, valued at approximately $4,534,885.80. This represents a 22.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.57% of the company’s stock.

AMETEK Trading Down 0.4%

Shares of AME opened at $211.89 on Friday. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $242.05. The company has a current ratio of 1.06, a quick ratio of 0.67 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $48.54 billion, a P/E ratio of 33.11, a PEG ratio of 3.04 and a beta of 1.02. The firm’s 50-day moving average is $224.92 and its two-hundred day moving average is $204.75.

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

AMETEK Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be given a dividend of $0.34 per share. The ex-dividend date is Monday, March 16th. This is a positive change from AMETEK’s previous quarterly dividend of $0.31. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is presently 21.25%.

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.