Fjarde AP Fonden Fourth Swedish National Pension Fund Boosts Stake in AMETEK, Inc. $AME

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in AMETEK, Inc. (NYSE:AME) by 52.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 28,528 shares of the technology company’s stock after buying an additional 9,800 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in AMETEK were worth $5,162,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of AME. Invesco Ltd. boosted its holdings in AMETEK by 127.2% in the 1st quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company’s stock worth $598,943,000 after buying an additional 1,947,831 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in AMETEK by 21.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company’s stock worth $1,888,385,000 after buying an additional 1,908,742 shares during the period. Nuveen LLC bought a new position in AMETEK in the 1st quarter worth $94,051,000. Goldman Sachs Group Inc. boosted its holdings in AMETEK by 28.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,178,233 shares of the technology company’s stock worth $374,961,000 after buying an additional 484,803 shares during the period. Finally, Jacobs Levy Equity Management Inc. bought a new position in AMETEK in the 1st quarter worth $72,872,000. Institutional investors own 87.43% of the company’s stock.

AMETEK Trading Up 7.4%

Shares of AMETEK stock opened at $197.88 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $200.42. The business has a 50-day moving average price of $186.41 and a 200-day moving average price of $180.31. The firm has a market cap of $45.70 billion, a price-to-earnings ratio of 31.86, a PEG ratio of 2.64 and a beta of 1.11.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.13. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The firm had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter last year, the firm earned $1.66 EPS. The firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.320-7.370 EPS. Equities research analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were issued a $0.31 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is presently 19.97%.

Analyst Ratings Changes

AME has been the subject of several recent analyst reports. Morgan Stanley upped their target price on shares of AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a report on Friday, August 8th. KeyCorp increased their price objective on shares of AMETEK from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Mizuho raised their price objective on AMETEK from $212.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Royal Bank Of Canada raised their price objective on AMETEK from $209.00 to $212.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, October 8th. Eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $207.42.

About AMETEK

AMETEK, Inc manufactures and sells electronic instruments and electromechanical devices in the North America, Europe, Asia, and South America, and internationally. The company's EIG segment offers advanced instruments for the process, aerospace, power, and industrial markets; process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries; instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets; power quality monitoring and c devices, uninterruptible power supplies, programmable power and electromagnetic compatibility test equipment, and sensors for gas turbines and dashboard instruments; heavy trucks, instrumentation, and controls for the food and beverage industries; and aircraft and engine sensors, power supplies, embedded computing, monitoring, fuel and fluid measurement, and data acquisition systems for aerospace and defense industry.