Mitsubishi UFJ Asset Management Co. Ltd. Invests $133.44 Million in AMETEK, Inc. $AME

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in AMETEK, Inc. (NYSE:AME) in the second quarter, HoldingsChannel.com reports. The firm purchased 551,529 shares of the technology company’s stock, valued at approximately $133,437,000.

A number of other large investors have also recently made changes to their positions in AME. OneDigital Investment Advisors LLC bought a new position in shares of AMETEK during the 2nd quarter valued at approximately $339,000. Hikari Power Ltd purchased a new stake in AMETEK in the 2nd quarter worth approximately $953,000. Plato Investment Management Ltd bought a new stake in AMETEK during the 2nd quarter worth approximately $2,586,000. Old West Investment Management LLC bought a new stake in AMETEK during the 2nd quarter worth approximately $3,138,000. Finally, N.E.W. Advisory Services LLC purchased a new position in AMETEK during the second quarter valued at approximately $71,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other AMETEK news, insider David F. Hermance sold 6,608 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $254.00, for a total transaction of $1,678,432.00. Following the completion of the transaction, the insider owned 42,509 shares in the company, valued at $10,797,286. This trade represents a 13.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.54% of the company’s stock.

AMETEK Stock Performance

AME opened at $250.21 on Wednesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21. The stock has a market capitalization of $57.35 billion, a price-to-earnings ratio of 36.58, a PEG ratio of 3.26 and a beta of 0.98. The company has a fifty day moving average of $239.95 and a 200 day moving average of $231.70. AMETEK, Inc. has a fifty-two week low of $179.24 and a fifty-two week high of $261.16.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, topping the consensus estimate of $1.99 by $0.10. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The business had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter in the previous year, the company earned $1.78 EPS. The business’s quarterly revenue was up 15.0% compared to the same quarter last year. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. As a group, sell-side analysts forecast that AMETEK, Inc. will post 8.33 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.34 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.36 dividend on an annualized basis and a yield of 0.5%. AMETEK’s dividend payout ratio is presently 19.88%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Morgan Stanley increased their price objective on shares of AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Friday, July 10th. Barclays lifted their target price on shares of AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Rothschild & Co Redburn set a $265.00 price target on AMETEK in a research note on Thursday, June 18th. Finally, BNP Paribas Exane raised their price target on AMETEK from $270.00 to $280.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $266.80.

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.