AMETEK, Inc. $AME Stock Position Reduced by Hsbc Holdings PLC

Hsbc Holdings PLC lessened its stake in AMETEK, Inc. (NYSE:AME) by 8.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,159,724 shares of the technology company’s stock after selling 103,764 shares during the quarter. Hsbc Holdings PLC’s holdings in AMETEK were worth $248,415,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AME. Norges Bank purchased a new position in shares of AMETEK during the 4th quarter valued at $831,372,000. Wellington Management Group LLP increased its stake in shares of 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 acquiring an additional 2,110,818 shares during the last quarter. Balyasny Asset Management L.P. raised its holdings in shares of AMETEK by 539.2% during 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 acquiring an additional 903,061 shares in the last quarter. Nordea Investment Management AB boosted its position in AMETEK by 825.0% during the fourth quarter. Nordea Investment Management AB now owns 852,585 shares of the technology company’s stock valued at $176,153,000 after purchasing an additional 760,410 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its position in AMETEK by 35.7% during the third quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock valued at $497,444,000 after purchasing an additional 695,419 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on AME shares. Barclays upped their target price on AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. Wall Street Zen lowered AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Truist Financial boosted their price target on AMETEK from $275.00 to $303.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Morgan Stanley increased their price objective on AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a report on Friday, July 10th. Finally, DA Davidson reaffirmed a “buy” rating and set a $265.00 price objective on shares of AMETEK in a research report on Monday, May 4th. One 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $256.29.

AMETEK Trading Down 0.3%

AMETEK stock opened at $236.66 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.72. The company has a market capitalization of $54.24 billion, a price-to-earnings ratio of 35.75, a PEG ratio of 3.32 and a beta of 0.99. AMETEK, Inc. has a one year low of $175.61 and a one year high of $244.71. The company’s fifty day moving average price is $231.11 and its two-hundred day moving average price is $226.40.

AMETEK (NYSE:AME) last posted its earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.07. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The company had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same period last year, the company earned $1.75 earnings per share. The business’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. On average, analysts forecast that AMETEK, Inc. will post 8.14 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, June 15th. AMETEK’s dividend payout ratio (DPR) is presently 20.54%.

AMETEK Company 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.