AMETEK, Inc. $AME Shares Acquired by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of AMETEK, Inc. (NYSE:AME) by 26.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 11,859 shares of the technology company’s stock after purchasing an additional 2,487 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in AMETEK were worth $2,229,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new stake in AMETEK during the 2nd quarter valued at $25,000. TruNorth Capital Management LLC purchased a new position in AMETEK in the third quarter valued at about $31,000. NewSquare Capital LLC grew its stake in AMETEK by 129.7% during the 2nd quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock valued at $31,000 after purchasing an additional 96 shares in the last quarter. SouthState Corp increased its holdings in AMETEK by 47.4% during the 2nd quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after purchasing an additional 65 shares during the last quarter. Finally, Grey Fox Wealth Advisors LLC acquired a new position in shares of AMETEK in the 3rd quarter valued at approximately $39,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

Insider Activity at AMETEK

In other news, VP Thomas M. Montgomery sold 6,388 shares of AMETEK stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $205.05, for a total transaction 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. The trade was a 22.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO David A. Zapico sold 28,390 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $201.76, for a total value of $5,727,966.40. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 137,088 shares of company stock worth $27,212,340 in the last ninety days. 0.57% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have commented on AME. Melius Research set a $235.00 price objective on shares of AMETEK in a research note on Monday, January 5th. Mizuho set a $235.00 price target on shares of AMETEK in a research report on Wednesday. Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a report on Wednesday, January 21st. KeyCorp lifted their target price on AMETEK from $235.00 to $260.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, Robert W. Baird set a $245.00 price target on AMETEK in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $243.00.

AMETEK Trading Up 1.0%

Shares of NYSE AME opened at $232.11 on Friday. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $234.56. The company has a market cap of $53.43 billion, a price-to-earnings ratio of 36.27, a price-to-earnings-growth ratio of 3.31 and a beta of 1.03. The company has a current ratio of 1.06, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10. The stock’s 50 day simple moving average is $211.00 and its 200 day simple moving average is $195.79.

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

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.