Alecta Tjanstepension Omsesidigt Reduces Holdings in AMETEK, Inc. $AME

Key Points

• Alecta Tjanstepension Omsesidigt cut its stake in AMETEK by 14.4% in Q4, selling 248,000 shares and now holds 1,473,965 shares worth about $302.6M (0.64% of AMETEK), making it Alecta's 22nd largest position (~1.3% of its portfolio).
• AMETEK beat Q1 estimates with $1.97 EPS and revenue up 11.3% year-over-year, and issued FY2026 guidance of $7.94–$8.14 EPS (consensus ~8.12 EPS).
• Analysts have a consensus Moderate Buy with an average target of $252.33, institutional investors own about 87.4% of the stock, and AMETEK raised its quarterly dividend to $0.34 ($1.36 annual, ~0.6% yield).

Alecta Tjanstepension Omsesidigt decreased its position in AMETEK, Inc. (NYSE:AME - Free Report) by 14.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,473,965 shares of the technology company's stock after selling 248,000 shares during the period. AMETEK accounts for approximately 1.3% of Alecta Tjanstepension Omsesidigt's investment portfolio, making the stock its 22nd largest position. Alecta Tjanstepension Omsesidigt owned 0.64% of AMETEK worth $302,576,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Principal Financial Group Inc. boosted its position in shares of AMETEK by 4.9% during the 3rd quarter. Principal Financial Group Inc. now owns 2,043,029 shares of the technology company's stock worth $384,096,000 after purchasing an additional 94,645 shares during the period. Captrust Financial Advisors boosted its position in shares of AMETEK by 3.1% during the 3rd quarter. Captrust Financial Advisors now owns 268,096 shares of the technology company's stock worth $50,402,000 after purchasing an additional 8,101 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of AMETEK by 22.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 37,853 shares of the technology company's stock worth $7,116,000 after purchasing an additional 6,911 shares during the period. Y.D. More Investments Ltd purchased a new position in shares of AMETEK during the 4th quarter worth approximately $1,653,000. Finally, Nordea Investment Management AB boosted its position in shares of AMETEK by 246.0% during the 3rd quarter. Nordea Investment Management AB now owns 92,175 shares of the technology company's stock worth $17,344,000 after purchasing an additional 65,537 shares during the period. Hedge funds and other institutional investors own 87.43% of the company's stock.

Insider Buying and Selling at AMETEK

In other news, Director Thomas A. Amato sold 530 shares of the firm's stock in a transaction 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 sale, the director directly owned 4,480 shares in the company, valued at approximately $971,174.40. This trade represents a 10.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.54% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on AME shares. TD Cowen reaffirmed a "buy" rating on shares of AMETEK in a research report on Tuesday, February 3rd. BMO Capital Markets started coverage on shares of AMETEK in a research report on Friday, March 27th. They set an "outperform" rating and a $253.00 price objective for the company. Barclays increased their price objective on shares of AMETEK from $220.00 to $230.00 and gave the stock an "equal weight" rating in a research report on Monday. KeyCorp increased their price objective on shares of AMETEK from $235.00 to $260.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of AMETEK in a research report on Wednesday, January 21st. They set a "buy" rating and a $271.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, AMETEK currently has an average rating of "Moderate Buy" and an average target price of $252.33.

AMETEK Stock Performance

Shares of AME stock opened at $241.31 on Thursday. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10. AMETEK, Inc. has a 52 week low of $168.49 and a 52 week high of $243.18. The stock has a market capitalization of $55.31 billion, a PE ratio of 36.45, a P/E/G ratio of 3.29 and a beta of 1.03. The firm has a 50 day moving average of $225.79 and a two-hundred day moving average of $213.96.

AMETEK (NYSE:AME - Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, beating 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 company had revenue of $1.93 billion during the quarter, compared to analysts' expectations of $1.91 billion. During the same quarter last year, the company posted $1.75 EPS. The firm'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. On average, research analysts predict that AMETEK, Inc. will post 8.12 EPS for the current fiscal year.

AMETEK Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th were issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Monday, March 16th. This is a positive change from AMETEK's previous quarterly dividend of $0.31. AMETEK's dividend payout ratio (DPR) is 20.54%.

AMETEK 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.

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