Meiji Yasuda Asset Management Co Ltd. Makes New $7.67 Million Investment in AMETEK, Inc. $AME

Meiji Yasuda Asset Management Co Ltd. purchased a new position in AMETEK, Inc. (NYSE:AME) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 31,705 shares of the technology company’s stock, valued at approximately $7,671,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. bought a new position in AMETEK in the 2nd quarter valued at about $4,725,928,000. Norges Bank bought a new stake in shares of AMETEK during the 4th quarter worth about $831,372,000. Flossbach Von Storch SE bought a new stake in shares of AMETEK during the 2nd quarter worth about $662,352,000. Bank of New York Mellon Corp acquired a new stake in shares of AMETEK in the 2nd quarter worth approximately $624,725,000. Finally, Wellington Management Group LLP boosted its holdings in shares of AMETEK by 302.9% in the fourth quarter. Wellington Management Group LLP now owns 2,807,664 shares of the technology company’s stock valued at $576,441,000 after acquiring an additional 2,110,818 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other AMETEK news, insider David F. Hermance sold 6,608 shares of AMETEK stock in a transaction dated 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 transaction, the insider owned 42,509 shares of the company’s stock, valued at $10,797,286. The trade was a 13.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.54% of the company’s stock.

AMETEK Stock Performance

AMETEK stock opened at $239.67 on Monday. AMETEK, Inc. has a fifty-two week low of $179.24 and a fifty-two week high of $261.16. The firm’s 50 day simple moving average is $240.90 and its 200-day simple moving average is $232.01. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 0.76. The company has a market cap of $54.93 billion, a P/E ratio of 35.04, a price-to-earnings-growth ratio of 3.06 and a beta of 0.98.

AMETEK (NYSE:AME) last posted its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, topping analysts’ consensus estimates of $1.99 by $0.10. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The firm had revenue of $2.04 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same quarter last year, the business posted $1.78 EPS. The company’s revenue was up 15.0% on a year-over-year basis. 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, equities research analysts predict that AMETEK, Inc. will post 8.32 EPS for the current year.

AMETEK Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 15th. AMETEK’s payout ratio is presently 19.88%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AME. BNP Paribas Exane upped their target price on AMETEK from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Citigroup lifted their price objective on shares of AMETEK from $257.00 to $261.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Mizuho set a $270.00 target price on shares of AMETEK in a report on Friday, May 1st. Barclays increased 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. Finally, Truist Financial lifted their price target on shares of AMETEK from $303.00 to $316.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. One equities 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 has an average rating of “Moderate Buy” and an average price target of $266.80.

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.