Martin Investment Management LLC Trims Stake in AMETEK, Inc. $AME

Martin Investment Management LLC lessened its stake in shares of AMETEK, Inc. (NYSE:AME) by 6.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,836 shares of the technology company’s stock after selling 2,421 shares during the period. AMETEK accounts for approximately 1.8% of Martin Investment Management LLC’s holdings, making the stock its 17th biggest position. Martin Investment Management LLC’s holdings in AMETEK were worth $6,947,000 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. Sivia Capital Partners LLC purchased a new position in shares of AMETEK during the second quarter worth approximately $295,000. Baird Financial Group Inc. increased its position 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 worth $3,037,000 after acquiring an additional 2,323 shares during the period. NewEdge Advisors LLC increased its position 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 worth $714,000 after acquiring an additional 1,555 shares during the period. Sei Investments Co. increased its position 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 worth $40,392,000 after acquiring an additional 61,672 shares during the period. Finally, Squarepoint Ops LLC increased its position 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 worth $28,641,000 after acquiring an additional 81,178 shares during the period. 87.43% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Thomas A. Amato sold 530 shares of the firm’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total transaction of $114,893.40. Following the completion of the transaction, the director owned 4,480 shares of the company’s stock, valued at $971,174.40. This trade represents a 10.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.54% of the stock is currently owned by company insiders.

AMETEK Trading Down 1.2%

Shares of AMETEK stock opened at $223.16 on Tuesday. 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 firm has a fifty day moving average price of $226.39 and a 200 day moving average price of $218.41. AMETEK, Inc. has a 1 year low of $174.43 and a 1 year high of $243.18. The stock has a market cap of $51.15 billion, a PE ratio of 33.71, a price-to-earnings-growth ratio of 3.17 and a beta of 1.03.

AMETEK (NYSE:AME) last issued its earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (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 firm had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.91 billion. During the same quarter last year, the company posted $1.75 earnings per share. 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. Equities research analysts predict 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. Investors of record on Monday, June 15th will be issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, June 15th. AMETEK’s dividend payout ratio (DPR) is 20.54%.

Analyst Ratings Changes

A number of equities analysts have recently commented on AME shares. TD Cowen reaffirmed a “buy” rating on shares of AMETEK in a research report on Tuesday, February 3rd. BMO Capital Markets started coverage on shares of AMETEK in a research report on Friday, March 27th. They set an “outperform” rating and a $253.00 target price on the stock. Mizuho set a $270.00 target price on shares of AMETEK in a research report on Friday, May 1st. Barclays lifted 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. 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 given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $252.33.

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.