AMETEK, Inc. $AME Holdings Lifted by Jennison Associates LLC

Jennison Associates LLC increased its position in shares of AMETEK, Inc. (NYSE:AME) by 93.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 256,693 shares of the technology company’s stock after acquiring an additional 123,719 shares during the period. Jennison Associates LLC’s holdings in AMETEK were worth $55,025,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank bought a new position in shares of AMETEK during the 4th quarter valued at about $831,372,000. Wellington Management Group LLP grew its position in AMETEK by 302.9% in the fourth quarter. Wellington Management Group LLP now owns 2,807,664 shares of the technology company’s stock worth $576,441,000 after buying an additional 2,110,818 shares during the last quarter. Balyasny Asset Management L.P. grew its position in AMETEK by 539.2% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,070,555 shares of the technology company’s stock worth $219,796,000 after buying an additional 903,061 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of AMETEK by 825.0% in the fourth quarter. Nordea Investment Management AB now owns 852,585 shares of the technology company’s stock valued at $176,153,000 after buying an additional 760,410 shares in the last quarter. Finally, Lazard Asset Management LLC lifted its position in shares of AMETEK by 35.7% during the 3rd quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock valued at $497,444,000 after acquiring an additional 695,419 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors.

AMETEK Price Performance

AME opened at $236.66 on Monday. The stock has a fifty day moving average of $231.11 and a 200-day moving average of $226.52. The firm has a market capitalization of $54.24 billion, a P/E ratio of 35.75, a PEG ratio of 3.32 and a beta of 0.99. AMETEK, Inc. has a 12-month low of $175.61 and a 12-month high of $244.71. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. The business had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.AMETEK’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 company posted $1.75 earnings per share. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. Equities analysts forecast that AMETEK, Inc. will post 8.14 EPS for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid 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 20.54%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on AME shares. Morgan Stanley raised their price objective on AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Friday, July 10th. Wall Street Zen downgraded AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Barclays increased their price target on AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Royal Bank Of Canada boosted their price objective on AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Finally, Rothschild & Co Redburn set a $265.00 target price on shares of AMETEK in a report on Thursday, June 18th. One 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. According to MarketBeat.com, AMETEK presently has a consensus rating of “Moderate Buy” and an average price target of $256.29.

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.