KBC Group NV Reduces Stock Position in AMETEK, Inc. $AME

KBC Group NV lowered its position in AMETEK, Inc. (NYSE:AME) by 7.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 236,142 shares of the technology company’s stock after selling 19,845 shares during the period. KBC Group NV’s holdings in AMETEK were worth $50,619,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. State Street Corp boosted its holdings in shares of AMETEK by 2.0% in the 4th quarter. State Street Corp now owns 9,956,361 shares of the technology company’s stock valued at $2,044,140,000 after acquiring an additional 192,677 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of AMETEK by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 5,891,236 shares of the technology company’s stock worth $1,204,722,000 after purchasing an additional 37,651 shares during the last quarter. Invesco Ltd. raised its holdings in shares of AMETEK by 4.9% during the third quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock worth $839,141,000 after purchasing an additional 209,043 shares during the last quarter. Norges Bank acquired a new position in AMETEK during the fourth quarter valued at $831,372,000. Finally, Morgan Stanley boosted its holdings in AMETEK by 2.9% in the fourth quarter. Morgan Stanley now owns 3,963,062 shares of the technology company’s stock valued at $813,657,000 after purchasing an additional 110,037 shares during the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

AMETEK Price Performance

Shares of AMETEK stock opened at $235.60 on Tuesday. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10. AMETEK, Inc. has a twelve month low of $175.61 and a twelve month high of $244.71. The business has a 50-day moving average price of $231.18 and a 200 day moving average price of $226.73. The firm has a market cap of $54.00 billion, a PE ratio of 35.59, a P/E/G ratio of 3.32 and a beta of 0.99.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.07. The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.AMETEK’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.75 earnings per share. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. Sell-side analysts predict that AMETEK, Inc. will post 8.14 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, June 15th. AMETEK’s dividend payout ratio is presently 20.54%.

Analyst Upgrades and Downgrades

Several analysts recently commented on AME shares. Mizuho set a $270.00 target price on AMETEK in a report on Friday, May 1st. Morgan Stanley boosted their price target on AMETEK from $235.00 to $245.00 and gave the company an “equal weight” rating in a report on Friday, July 10th. Wall Street Zen lowered AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. DA Davidson reaffirmed a “buy” rating and set a $265.00 price objective on shares of AMETEK in a research note on Monday, May 4th. Finally, Rothschild & Co Redburn set a $265.00 target price on shares of AMETEK in a report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $256.29.

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.