AMETEK, Inc. $AME Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. lessened its holdings in AMETEK, Inc. (NYSE:AME) by 98.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,691 shares of the technology company’s stock after selling 505,037 shares during the period. Assenagon Asset Management S.A.’s holdings in AMETEK were worth $1,220,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Darwin Wealth Management LLC acquired a new stake in AMETEK in the second quarter valued at approximately $25,000. CoreCap Advisors LLC raised its stake in shares of AMETEK by 84.3% during the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after buying an additional 59 shares during the period. MV Capital Management Inc. purchased a new position in shares of AMETEK during the 4th quarter valued at approximately $28,000. BOKF NA lifted its position in shares of AMETEK by 137.7% during the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after buying an additional 84 shares in the last quarter. Finally, Transamerica Financial Advisors LLC grew its stake in AMETEK by 73.9% in the 4th quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock valued at $31,000 after acquiring an additional 65 shares during the period. Institutional investors and hedge funds own 87.43% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on AME shares. Robert W. Baird set a $244.00 price objective on shares of AMETEK in a report on Friday, May 1st. Mizuho set a $270.00 price target on shares of AMETEK in a research note on Friday, May 1st. DA Davidson reiterated a “buy” rating and issued a $265.00 price objective on shares of AMETEK in a report on Monday, May 4th. Wall Street Zen cut AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Finally, Rothschild & Co Redburn set a $265.00 price target on AMETEK in a research report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, AMETEK currently has an average rating of “Moderate Buy” and an average price target of $253.57.

AMETEK Stock Performance

NYSE:AME opened at $237.31 on Thursday. 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 market capitalization of $54.39 billion, a price-to-earnings ratio of 35.85, a PEG ratio of 3.39 and a beta of 0.98. The company’s 50-day moving average is $230.95 and its two-hundred day moving average is $224.06. AMETEK, Inc. has a 1-year low of $174.43 and a 1-year high of $244.71.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter last year, the firm earned $1.75 EPS. 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. Analysts forecast that AMETEK, Inc. will post 8.13 EPS for the current year.

AMETEK Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, June 15th. AMETEK’s dividend payout ratio is 20.54%.

About AMETEK

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.