Rhumbline Advisers Cuts Holdings in AMETEK, Inc. $AME

Rhumbline Advisers lowered its holdings in AMETEK, Inc. (NYSE:AME) by 1.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 452,726 shares of the technology company’s stock after selling 8,439 shares during the quarter. Rhumbline Advisers owned 0.20% of AMETEK worth $85,112,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Darwin Wealth Management LLC purchased a new position in AMETEK in the 2nd quarter worth about $25,000. NewSquare Capital LLC increased its position in AMETEK by 129.7% during the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock valued at $31,000 after acquiring an additional 96 shares during the last quarter. TruNorth Capital Management LLC bought a new position in AMETEK in the third quarter valued at about $31,000. SouthState Corp boosted its position in AMETEK by 47.4% in the second 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, AdvisorShares Investments LLC bought a new stake in shares of AMETEK during the 2nd quarter valued at about $39,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. TD Cowen reissued a “buy” rating on shares of AMETEK in a report on Tuesday, February 3rd. Wall Street Zen upgraded shares of AMETEK from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. DA Davidson reissued a “buy” rating and set a $240.00 price objective on shares of AMETEK in a research report on Wednesday, February 4th. Robert W. Baird set a $245.00 price objective on AMETEK in a research note on Thursday, February 5th. Finally, Mizuho set a $235.00 target price on AMETEK in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $243.00.

Insiders Place Their Bets

In other news, insider Thomas C. Marecic sold 14,310 shares of the business’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $202.11, for a total value of $2,892,194.10. Following the transaction, the insider owned 42,589 shares of the company’s stock, valued at approximately $8,607,662.79. The trade was a 25.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO David A. Zapico sold 88,000 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $196.39, for a total transaction of $17,282,320.00. Following the transaction, the chief executive officer owned 348,955 shares of the company’s stock, valued at approximately $68,531,272.45. This represents a 20.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 137,088 shares of company stock worth $27,212,340 in the last three months. 0.57% of the stock is owned by company insiders.

AMETEK Stock Down 2.8%

Shares of AME stock opened at $228.82 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 0.67. AMETEK, Inc. has a one year low of $145.02 and a one year high of $239.94. The company’s fifty day moving average price is $213.78 and its 200-day moving average price is $197.14. The company has a market capitalization of $52.67 billion, a price-to-earnings ratio of 35.75, a PEG ratio of 3.36 and a beta of 1.03.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.94 by $0.07. The business had revenue of $2 billion during 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%.AMETEK’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.87 EPS. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. Sell-side analysts expect that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be issued a $0.34 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. This is a boost from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s payout ratio is presently 19.38%.

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.