Erste Asset Management GmbH Has $9.16 Million Stock Position in AMETEK, Inc. $AME

Erste Asset Management GmbH raised its stake in AMETEK, Inc. (NYSE:AME) by 191.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 44,123 shares of the technology company’s stock after buying an additional 29,002 shares during the period. Erste Asset Management GmbH’s holdings in AMETEK were worth $9,161,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in AME. Sivia Capital Partners LLC acquired a new stake in AMETEK in the second quarter valued at approximately $295,000. Baird Financial Group Inc. boosted its position in AMETEK by 16.1% in the second quarter. Baird Financial Group Inc. now owns 16,784 shares of the technology company’s stock valued at $3,037,000 after buying an additional 2,323 shares in the last quarter. NewEdge Advisors LLC boosted its position in AMETEK by 65.0% in the second quarter. NewEdge Advisors LLC now owns 3,946 shares of the technology company’s stock valued at $714,000 after buying an additional 1,555 shares in the last quarter. Sei Investments Co. boosted its position in AMETEK by 38.2% in the second quarter. Sei Investments Co. now owns 223,227 shares of the technology company’s stock valued at $40,392,000 after buying an additional 61,672 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its position in AMETEK by 105.3% in the second quarter. Squarepoint Ops LLC now owns 158,274 shares of the technology company’s stock valued at $28,641,000 after buying an additional 81,178 shares in the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Insiders Place Their Bets

In other AMETEK news, Director Thomas A. Amato sold 530 shares of AMETEK stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total value of $114,893.40. Following the completion of the sale, the director directly owned 4,480 shares of the company’s stock, valued at approximately $971,174.40. The trade was a 10.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.54% of the company’s stock.

AMETEK Price Performance

Shares of NYSE AME opened at $225.95 on Tuesday. AMETEK, Inc. has a twelve month low of $174.43 and a twelve month high of $243.18. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $51.79 billion, a PE ratio of 34.13, a P/E/G ratio of 3.18 and a beta of 1.00. The firm has a fifty day simple moving average of $227.83 and a 200 day simple moving average of $219.62.

AMETEK (NYSE:AME) last posted its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.07. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The firm had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the previous year, the firm posted $1.75 earnings per share. The business’s revenue was up 11.3% compared to the same quarter last year. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. On average, sell-side analysts forecast that AMETEK, Inc. will post 8.13 EPS for the current year.

AMETEK Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Monday, June 15th. AMETEK’s payout ratio is 20.54%.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Royal Bank Of Canada raised their target price on shares of AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, May 1st. Mizuho set a $270.00 target price on shares of AMETEK in a research report on Friday, May 1st. Barclays raised their target price on shares of AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Truist Financial reaffirmed a “buy” rating and set a $275.00 price target (up from $265.00) on shares of AMETEK in a research note on Monday, May 4th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a research note on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $252.33.

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.