AMETEK, Inc. $AME Shares Sold by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS reduced its position in AMETEK, Inc. (NYSE:AMEFree Report) by 15.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,275 shares of the technology company’s stock after selling 12,000 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in AMETEK were worth $12,991,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in AMETEK by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 27,173,705 shares of the technology company’s stock valued at $5,108,657,000 after acquiring an additional 176,040 shares in the last quarter. State Street Corp grew its position in AMETEK by 1.3% in the 3rd quarter. State Street Corp now owns 9,763,684 shares of the technology company’s stock valued at $1,835,573,000 after acquiring an additional 126,381 shares in the last quarter. Invesco Ltd. grew its position in AMETEK by 4.9% in the 3rd quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock valued at $839,141,000 after acquiring an additional 209,043 shares in the last quarter. Flossbach Von Storch SE grew its position in AMETEK by 1.0% in the 4th quarter. Flossbach Von Storch SE now owns 3,820,376 shares of the technology company’s stock valued at $784,361,000 after acquiring an additional 36,535 shares in the last quarter. Finally, Lazard Asset Management LLC grew its position in AMETEK by 35.7% in 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 in the last quarter. 87.43% of the stock is owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

Several equities analysts have weighed in on AME shares. TD Cowen reaffirmed a “buy” rating on shares of AMETEK in a research report on Tuesday, February 3rd. Morgan Stanley boosted their price objective on AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 12th. Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, January 21st. Mizuho set a $270.00 price objective on AMETEK in a research report on Friday. Finally, Truist Financial set a $265.00 price objective on AMETEK in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $248.58.

Check Out Our Latest Report on AME

Insiders Place Their Bets

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

AMETEK Stock Performance

Shares of AMETEK stock opened at $230.00 on Friday. AMETEK, Inc. has a one year low of $167.75 and a one year high of $242.05. The company has a market cap of $52.69 billion, a PE ratio of 35.94, a P/E/G ratio of 3.39 and a beta of 1.03. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.67 and a current ratio of 1.14. The business has a 50-day simple moving average of $225.56 and a 200-day simple moving average of $212.81.

AMETEK (NYSE:AMEGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.07. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The business had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the previous year, the company posted $1.75 earnings per share. The business’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. On average, equities research analysts forecast that AMETEK, Inc. will post 8.03 EPS for the current fiscal year.

AMETEK Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were paid a dividend of $0.34 per share. The ex-dividend date was Monday, March 16th. This is a positive change from AMETEK’s previous quarterly dividend of $0.31. This represents a $1.36 annualized dividend and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is presently 21.25%.

About AMETEK

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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