Capital Group Private Client Services Inc. Trims Stock Position in AMETEK, Inc. $AME

Capital Group Private Client Services Inc. lowered its position in shares of AMETEK, Inc. (NYSE:AME) by 7.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 42,983 shares of the technology company’s stock after selling 3,396 shares during the period. Capital Group Private Client Services Inc.’s holdings in AMETEK were worth $8,825,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Captrust Financial Advisors grew its stake in AMETEK by 3.1% in the 3rd quarter. Captrust Financial Advisors now owns 268,096 shares of the technology company’s stock worth $50,402,000 after buying an additional 8,101 shares in the last quarter. Y.D. More Investments Ltd purchased a new position in AMETEK in the 4th quarter worth approximately $1,653,000. Massachusetts Financial Services Co. MA grew its stake in AMETEK by 10.9% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 959,937 shares of the technology company’s stock worth $197,085,000 after buying an additional 94,544 shares in the last quarter. Compagnie Lombard Odier SCmA purchased a new stake in shares of AMETEK in the 3rd quarter valued at $118,311,000. Finally, MAI Capital Management boosted its stake in shares of AMETEK by 33.8% in the 3rd quarter. MAI Capital Management now owns 18,403 shares of the technology company’s stock valued at $3,460,000 after purchasing an additional 4,648 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on AME shares. 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 research note on Thursday, March 12th. Robert W. Baird set a $244.00 price objective on shares of AMETEK in a research note on Friday, May 1st. DA Davidson reaffirmed a “buy” rating and issued a $265.00 price objective on shares of AMETEK in a research note on Monday, May 4th. 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 research note on Monday, May 4th. Finally, Mizuho set a $270.00 price target on shares of AMETEK in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $252.33.

AMETEK Stock Down 0.8%

Shares of NYSE AME opened at $227.01 on Friday. 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, Inc. has a 12 month low of $174.43 and a 12 month high of $243.18. The firm has a market capitalization of $52.03 billion, a PE ratio of 34.29, a price-to-earnings-growth ratio of 3.18 and a beta of 1.00. The firm has a fifty day simple moving average of $227.54 and a two-hundred day simple moving average of $219.17.

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

AMETEK Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a $0.34 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s dividend payout ratio is currently 20.54%.

Insider Buying and Selling at AMETEK

In other 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 sale, the director directly owned 4,480 shares of the company’s stock, valued at $971,174.40. This represents a 10.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.54% of the stock is owned by corporate insiders.

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.