Bank of New York Mellon Corp Sells 78,613 Shares of AMETEK, Inc. $AME

Bank of New York Mellon Corp reduced its position in shares of AMETEK, Inc. (NYSE:AME) by 3.2% in the 4th quarter, HoldingsChannel reports. The firm owned 2,384,636 shares of the technology company’s stock after selling 78,613 shares during the period. Bank of New York Mellon Corp’s holdings in AMETEK were worth $489,590,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in AME. Norges Bank acquired a new stake in AMETEK in the 4th quarter valued at about $831,372,000. Nordea Investment Management AB increased its position in AMETEK by 825.0% in the 4th quarter. Nordea Investment Management AB now owns 852,585 shares of the technology company’s stock valued at $176,153,000 after acquiring an additional 760,410 shares in the last quarter. Lazard Asset Management LLC increased 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. Man Group plc increased its position in AMETEK by 411.8% in the 3rd quarter. Man Group plc now owns 785,020 shares of the technology company’s stock valued at $147,584,000 after acquiring an additional 631,649 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA acquired a new stake in AMETEK in the 3rd quarter valued at about $118,311,000. 87.43% of the stock is owned by institutional investors.

AMETEK Stock Up 0.2%

AMETEK stock opened at $228.16 on Thursday. The company’s 50 day simple moving average is $227.07 and its 200 day simple moving average is $218.86. AMETEK, Inc. has a fifty-two week low of $174.43 and a fifty-two week high of $243.18. The firm has a market capitalization of $52.29 billion, a price-to-earnings ratio of 34.46, a PEG ratio of 3.19 and a beta of 1.00. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.72.

AMETEK (NYSE:AME) last released its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 earnings per share 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 for the quarter, compared to analyst estimates of $1.91 billion. During the same quarter last year, the firm earned $1.75 EPS. AMETEK’s quarterly 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. As a group, sell-side analysts anticipate that AMETEK, Inc. will post 8.13 EPS for the current year.

AMETEK Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid 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 yield of 0.6%. AMETEK’s payout ratio is presently 20.54%.

Insiders Place Their Bets

In other AMETEK news, Director Thomas A. Amato sold 530 shares of AMETEK stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total value of $114,893.40. Following the transaction, the director owned 4,480 shares of the company’s stock, valued at approximately $971,174.40. The trade was a 10.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on AME. DA Davidson restated a “buy” rating and issued a $265.00 price objective on shares of AMETEK in a research report on Monday, May 4th. Barclays raised their price objective on shares of AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, May 20th. Wall Street Zen cut AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Finally, Morgan Stanley boosted their price objective on AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a report on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $252.33.

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.