Victory Capital Management Inc. Acquires 6,165 Shares of AMETEK, Inc. $AME

Victory Capital Management Inc. grew its holdings in AMETEK, Inc. (NYSE:AME) by 4.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 151,320 shares of the technology company’s stock after purchasing an additional 6,165 shares during the quarter. Victory Capital Management Inc. owned about 0.07% of AMETEK worth $28,448,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AME. Vanguard Group Inc. grew its holdings in AMETEK by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 27,173,705 shares of the technology company’s stock worth $5,108,657,000 after acquiring an additional 176,040 shares during the last quarter. State Street Corp raised its stake in shares of AMETEK by 1.3% in the second quarter. State Street Corp now owns 9,637,303 shares of the technology company’s stock worth $1,743,966,000 after acquiring an additional 126,105 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of AMETEK by 1.8% during the second quarter. Geode Capital Management LLC now owns 5,794,236 shares of the technology company’s stock worth $1,044,009,000 after purchasing an additional 104,139 shares in the last quarter. Invesco Ltd. grew its stake in shares of AMETEK by 22.3% during the second quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock valued at $769,890,000 after purchasing an additional 775,078 shares during the last quarter. Finally, Flossbach Von Storch SE grew its stake in shares of AMETEK by 0.4% during the second quarter. Flossbach Von Storch SE now owns 3,785,676 shares of the technology company’s stock valued at $685,056,000 after purchasing an additional 15,610 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently weighed in on AME shares. DA Davidson restated a “buy” rating and issued a $240.00 price objective on shares of AMETEK in a research report on Wednesday, February 4th. Royal Bank Of Canada reissued an “outperform” rating and issued a $257.00 target price on shares of AMETEK in a research note on Wednesday, February 4th. Morgan Stanley boosted their target price on AMETEK from $198.00 to $215.00 and gave the stock an “equal weight” rating in a research report on Monday, January 12th. Wall Street Zen upgraded AMETEK from a “hold” rating to a “buy” rating in a report on Sunday, February 22nd. Finally, Oppenheimer cut AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, AMETEK currently has an average rating of “Moderate Buy” and a consensus target price of $243.00.

Insider Transactions at AMETEK

In related news, VP Thomas M. Montgomery sold 6,388 shares of the firm’s stock in a transaction 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. This trade represents a 22.41% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO David A. Zapico sold 28,390 shares of the stock in a transaction dated 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 49,088 shares of company stock valued at $9,930,020 over the last three months. 0.57% of the stock is currently owned by corporate insiders.

AMETEK Stock Down 2.1%

NYSE:AME opened at $222.02 on Monday. The company has a quick ratio of 0.67, a current ratio of 1.06 and a debt-to-equity ratio of 0.10. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $242.05. The stock’s fifty day simple moving average is $223.37 and its 200-day simple moving average is $203.00. The firm has a market capitalization of $50.84 billion, a P/E ratio of 34.69, a P/E/G ratio of 3.17 and a beta of 1.02.

AMETEK (NYSE:AME) last released its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.07. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The business had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the prior year, the company posted $1.87 earnings per share. The firm’s revenue was up 13.4% on a year-over-year basis. 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 earnings per share for the current year.

AMETEK Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 0.6%. This is a boost from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date is Monday, March 16th. AMETEK’s dividend payout ratio (DPR) is 19.38%.

AMETEK 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.