Hsbc Holdings PLC Reduces Stock Holdings in AMETEK, Inc. $AME

Hsbc Holdings PLC trimmed its position in shares of AMETEK, Inc. (NYSE:AME) by 4.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,263,488 shares of the technology company’s stock after selling 52,354 shares during the quarter. Hsbc Holdings PLC’s holdings in AMETEK were worth $259,582,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Sivia Capital Partners LLC bought a new position in AMETEK during the 2nd quarter valued at approximately $295,000. Baird Financial Group Inc. raised its position in shares of AMETEK by 16.1% in the 2nd quarter. Baird Financial Group Inc. now owns 16,784 shares of the technology company’s stock worth $3,037,000 after purchasing an additional 2,323 shares during the last quarter. NewEdge Advisors LLC boosted its stake in AMETEK by 65.0% in the 2nd quarter. NewEdge Advisors LLC now owns 3,946 shares of the technology company’s stock worth $714,000 after purchasing an additional 1,555 shares in the last quarter. Sei Investments Co. boosted its stake in AMETEK by 38.2% in the 2nd quarter. Sei Investments Co. now owns 223,227 shares of the technology company’s stock worth $40,392,000 after purchasing an additional 61,672 shares in the last quarter. Finally, Squarepoint Ops LLC grew its position in AMETEK by 105.3% during the 2nd 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 last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Stock Down 1.0%

AME opened at $234.66 on Friday. The firm’s 50 day simple moving average is $230.97 and its two-hundred day simple moving average is $224.29. The company has a market capitalization of $53.78 billion, a PE ratio of 35.45, a PEG ratio of 3.33 and a beta of 0.99. AMETEK, Inc. has a 1-year low of $174.43 and a 1-year high of $244.71. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10.

AMETEK (NYSE:AME) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. The firm had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.91 billion. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The company’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.75 EPS. 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, equities analysts forecast that AMETEK, Inc. will post 8.13 EPS for the current year.

AMETEK Dividend Announcement

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

Analyst Ratings Changes

A number of analysts have commented on AME shares. Royal Bank Of Canada lifted their target price on AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Robert W. Baird set a $244.00 target price on shares of AMETEK in a report on Friday, May 1st. Truist Financial lifted their target price on shares of AMETEK from $275.00 to $303.00 and gave the stock a “buy” rating in a research report on Thursday. Wall Street Zen cut AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Finally, DA Davidson restated a “buy” rating and issued a $265.00 price target on shares of AMETEK in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $255.57.

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.