4,500 AMETEK, Inc. $AME Shares Sold by Nippon Life Global Investors Americas Inc.

Nippon Life Global Investors Americas Inc. lessened its stake in shares of AMETEK, Inc. (NYSE:AME) by 68.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,120 shares of the technology company’s stock after selling 4,500 shares during the period. Nippon Life Global Investors Americas Inc.’s holdings in AMETEK were worth $525,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. WPG Advisers LLC raised its stake in AMETEK by 27.7% during the third quarter. WPG Advisers LLC now owns 221 shares of the technology company’s stock worth $55,000 after purchasing an additional 48 shares during the period. Root Financial Partners LLC raised its position in shares of AMETEK by 18.3% during the 1st quarter. Root Financial Partners LLC now owns 323 shares of the technology company’s stock valued at $69,000 after buying an additional 50 shares during the period. Advocacy Wealth Management LLC lifted its holdings in AMETEK by 1.0% in the second quarter. Advocacy Wealth Management LLC now owns 5,422 shares of the technology company’s stock valued at $1,312,000 after acquiring an additional 52 shares during the last quarter. Diversify Advisory Services LLC lifted its stake in shares of AMETEK by 1.9% in the 3rd quarter. Diversify Advisory Services LLC now owns 3,476 shares of the technology company’s stock valued at $864,000 after purchasing an additional 65 shares during the last quarter. Finally, Earned Wealth Advisors LLC boosted its stake in AMETEK by 5.9% during the first quarter. Earned Wealth Advisors LLC now owns 1,209 shares of the technology company’s stock worth $259,000 after buying an additional 67 shares during the period. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on AME. Royal Bank Of Canada boosted their price objective on AMETEK from $260.00 to $291.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Rothschild & Co Redburn raised their price target on shares of AMETEK from $265.00 to $275.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Morgan Stanley set a $275.00 price target on shares of AMETEK in a research note on Friday, October 9th. BNP Paribas Exane boosted their price target on shares of AMETEK from $280.00 to $290.00 and gave the stock an “outperform” rating in a research note on Friday, September 11th. Finally, BMO Capital Markets upped their price objective on AMETEK from $262.00 to $282.00 in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $274.41.

Insider Activity

In other news, insider David Hermance sold 6,608 shares of AMETEK stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $254.00, for a total transaction of $1,678,432.00. Following the sale, the insider owned 42,509 shares in the company, valued at approximately $10,797,286. The trade was a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.54% of the company’s stock.

AMETEK Stock Performance

Shares of AME opened at $240.88 on Monday. AMETEK, Inc. has a 1 year low of $188.47 and a 1 year high of $261.16. The stock has a market capitalization of $55.21 billion, a PE ratio of 35.22, a PEG ratio of 2.28 and a beta of 0.96. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21. The stock has a 50-day simple moving average of $243.54 and a 200-day simple moving average of $234.05.

AMETEK (NYSE:AME) last released its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.99 by $0.10. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The business had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same period in the previous year, the company earned $1.78 EPS. The company’s revenue for the quarter was up 15.0% on a year-over-year basis. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. On average, analysts predict that AMETEK, Inc. will post 8.41 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a dividend of $0.34 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is presently 19.88%.

AMETEK Company Profile

AMETEK, Inc is a global manufacturer of industrial technology solutions. The company develops and produces advanced analytical, monitoring, testing, and measurement instruments, as well as engineered electromechanical products used in industrial, aerospace, defense, energy, medical, and other specialized markets.

AMETEK operates through two primary business groups: Electronic Instruments and Electromechanical. Its products include process and power monitoring systems, analytical instruments, automation and control technologies, aerospace and defense equipment, precision motion-control systems, motors, thermal-management solutions, engineered materials, and specialty metal products.

The company traces its roots to 1930 and has expanded through the development and acquisition of specialized technology businesses.