AMETEK, Inc. $AME Stock Sold by Mountain Pacific Investment Advisers LLC

Mountain Pacific Investment Advisers LLC lessened its holdings in AMETEK, Inc. (NYSE:AME) by 2.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 168,929 shares of the technology company’s stock after selling 3,826 shares during the quarter. AMETEK comprises approximately 6.9% of Mountain Pacific Investment Advisers LLC’s portfolio, making the stock its 2nd largest holding. Mountain Pacific Investment Advisers LLC’s holdings in AMETEK were worth $41,849,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of AMETEK in the 2nd quarter worth approximately $4,725,928,000. Wellington Management Group LLP lifted its position in shares of AMETEK by 7.0% during the 2nd quarter. Wellington Management Group LLP now owns 2,994,077 shares of the technology company’s stock worth $724,387,000 after buying an additional 196,986 shares during the period. Flossbach Von Storch SE bought a new position in shares of AMETEK during the 2nd quarter worth approximately $662,352,000. Bank of New York Mellon Corp acquired a new stake in AMETEK in the 2nd quarter valued at $624,725,000. Finally, Dimensional Fund Advisors LP boosted its stake in AMETEK by 1.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,075,229 shares of the technology company’s stock valued at $444,788,000 after buying an additional 29,001 shares in the last quarter. Institutional investors own 87.43% of the company’s stock.

Insider Activity at AMETEK

In related news, insider David Hermance sold 6,608 shares of the stock in a transaction that occurred on 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 completion of the transaction, the insider directly owned 42,509 shares of the company’s stock, valued at approximately $10,797,286. This represents a 13.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on AME shares. Mizuho lifted their price target on shares of AMETEK from $270.00 to $285.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Morgan Stanley set a $275.00 target price on AMETEK in a report on Friday, October 9th. Citigroup increased their target price on AMETEK from $261.00 to $263.00 and gave the stock a “neutral” rating in a report on Monday, October 12th. Zacks Research upgraded AMETEK from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 6th. Finally, Rothschild & Co Redburn lifted their price target on AMETEK from $265.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $277.19.

Key AMETEK News

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: Q3 adjusted earnings were $2.21 per share, above the roughly $2.11 analyst consensus and up from $1.89 a year earlier. Revenue rose 17.3% year over year to $2.22 billion, also topping estimates of about $2.12 billion. AMETEK Q3 results and guidance
• Positive Sentiment: The company raised its full-year guidance, forecasting 2026 EPS of $8.53–$8.57. Management also pointed to mid-teens sales growth following the Indicor deal, reinforcing expectations for acquisition-supported expansion. 2026 outlook
• Positive Sentiment: AMETEK Programmable Power was awarded a $29.8 million U.S. Air Force contract for VDATS kits. The award adds to potential business, though it is smaller than the company’s overall quarterly revenue. Air Force contract

AMETEK Price Performance

AME opened at $249.51 on Wednesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 0.76. The stock has a market capitalization of $57.19 billion, a P/E ratio of 36.48, a price-to-earnings-growth ratio of 2.29 and a beta of 0.96. The company’s 50 day simple moving average is $243.74 and its 200-day simple moving average is $234.40. AMETEK, Inc. has a one year low of $188.47 and a one year high of $261.16.

AMETEK (NYSE:AME) last posted its quarterly earnings data on Tuesday, November 3rd. The technology company reported $2.21 earnings per share for the quarter, topping the consensus estimate of $2.11 by $0.10. The firm had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.12 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. AMETEK’s revenue was up 17.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.89 EPS. Sell-side analysts anticipate that AMETEK, Inc. will post 8.41 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, September 15th. AMETEK’s payout ratio is presently 19.88%.

About AMETEK

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.