Towarzystwo Funduszy Inwestycyjnych PZU SA lowered its position in shares of AMETEK, Inc. (NYSE:AME – Free Report) by 93.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 295 shares of the technology company’s stock after selling 3,900 shares during the quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA’s holdings in AMETEK were worth $61,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of AME. Sivia Capital Partners LLC bought a new stake in AMETEK during the second quarter valued at $295,000. Baird Financial Group Inc. raised its holdings in shares of AMETEK by 16.1% during the second quarter. Baird Financial Group Inc. now owns 16,784 shares of the technology company’s stock valued at $3,037,000 after purchasing an additional 2,323 shares during the period. NewEdge Advisors LLC raised its holdings in shares of AMETEK by 65.0% during the second quarter. NewEdge Advisors LLC now owns 3,946 shares of the technology company’s stock valued at $714,000 after purchasing an additional 1,555 shares during the period. Sei Investments Co. raised its holdings in shares of AMETEK by 38.2% during the second quarter. Sei Investments Co. now owns 223,227 shares of the technology company’s stock valued at $40,392,000 after purchasing an additional 61,672 shares during the period. Finally, Squarepoint Ops LLC raised its holdings in shares of AMETEK by 105.3% during the second quarter. Squarepoint Ops LLC now owns 158,274 shares of the technology company’s stock valued at $28,641,000 after purchasing an additional 81,178 shares during the period. Institutional investors own 87.43% of the company’s stock.
Insider Transactions at AMETEK
In other AMETEK news, Director Thomas A. Amato sold 530 shares of the company’s stock in a transaction dated 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. This represents a 10.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.54% of the company’s stock.
AMETEK Trading Up 1.5%
AMETEK (NYSE:AME – Get Free Report) last posted its earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.07. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The company had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same quarter in the prior year, the business posted $1.75 EPS. The firm’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. As a group, research analysts predict that AMETEK, Inc. will post 8.13 earnings per share for the current fiscal year.
AMETEK Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Monday, June 15th. AMETEK’s dividend payout ratio is presently 20.54%.
Analyst Ratings Changes
AME has been the topic of several research reports. Barclays upped their price objective on shares of AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. Weiss Ratings lowered shares of AMETEK from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday. Morgan Stanley upped their price objective on shares of AMETEK from $215.00 to $235.00 and gave the company an “equal weight” rating in a report on Thursday, March 12th. Mizuho set a $270.00 price objective on shares of AMETEK in a report on Friday, May 1st. Finally, Wall Street Zen lowered shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $252.69.
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.
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