BI Asset Management Fondsmaeglerselskab A S Acquires 25,362 Shares of AMETEK, Inc. $AME

Key Points

• BI Asset Management Fondsmaeglerselskab A S increased its AMETEK stake by 134.8% in the first quarter, buying 25,362 additional shares and bringing its total holdings to 44,176 shares worth about $9.47 million.
• AMETEK’s latest quarterly results beat expectations, with EPS of $1.97 versus the $1.90 estimate and revenue of $1.93 billion, up 11.3% year over year. The company also reiterated guidance, with FY 2026 EPS expected between 7.94 and 8.14.
• Analysts remain generally constructive on the stock despite some mixed calls: AMETEK carries a Moderate Buy consensus and an average target price of $253.57, while the shares were recently trading around $237.27. The company also declared a quarterly dividend of $0.34 per share, yielding about 0.6%.

BI Asset Management Fondsmaeglerselskab A S lifted its holdings in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 134.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 44,176 shares of the technology company's stock after purchasing an additional 25,362 shares during the period. BI Asset Management Fondsmaeglerselskab A S's holdings in AMETEK were worth $9,470,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. CoreCap Advisors LLC raised its position in shares of AMETEK by 84.3% during the fourth quarter. CoreCap Advisors LLC now owns 129 shares of the technology company's stock worth $26,000 after acquiring an additional 59 shares during the last quarter. MV Capital Management Inc. bought a new position in AMETEK during the 4th quarter worth approximately $28,000. Darwin Wealth Management LLC acquired a new position in shares of AMETEK in the 2nd quarter worth approximately $25,000. BOKF NA lifted its position in shares of AMETEK by 137.7% in the 4th quarter. BOKF NA now owns 145 shares of the technology company's stock worth $30,000 after purchasing an additional 84 shares during the period. Finally, Transamerica Financial Advisors LLC boosted its stake in shares of 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 purchasing an additional 65 shares during the last quarter. Institutional investors own 87.43% of the company's stock.

Insider Buying and Selling

In other AMETEK news, Director Thomas A. Amato sold 530 shares of the company's stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total transaction of $114,893.40. Following the transaction, the director owned 4,480 shares in the company, valued at approximately $971,174.40. This represents a 10.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.54% of the company's stock.

Analyst Ratings Changes

AME has been the subject of several recent analyst reports. Wall Street Zen cut shares of AMETEK from a "buy" rating to a "hold" rating in a research report on Sunday, May 10th. BMO Capital Markets began coverage on shares of AMETEK in a research report on Friday, March 27th. They set an "outperform" rating and a $253.00 price target on the stock. Citigroup started coverage on AMETEK in a report on Monday, June 15th. They set a "neutral" rating and a $257.00 price target for the company. Rothschild & Co Redburn set a $265.00 price objective on AMETEK in a research report on Thursday. Finally, Royal Bank Of Canada boosted their price objective on AMETEK from $259.00 to $260.00 and gave the company an "outperform" rating in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $253.57.

AMETEK Trading Down 0.1%

AME opened at $237.27 on Monday. AMETEK, Inc. has a 1-year low of $174.43 and a 1-year high of $243.18. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10. The company has a market cap of $54.38 billion, a P/E ratio of 35.84, a price-to-earnings-growth ratio of 3.33 and a beta of 1.00. The company has a fifty day moving average price of $230.23 and a two-hundred day moving average price of $221.86.

AMETEK (NYSE:AME - Get Free Report) last issued its 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 return on equity of 16.63% and a net margin of 20.11%.The company had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period last year, the business posted $1.75 EPS. The firm's revenue for the quarter 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 predict that AMETEK, Inc. will post 8.13 EPS for the current fiscal year.

AMETEK Dividend Announcement

The firm 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 dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, June 15th. AMETEK's payout ratio is 20.54%.

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.

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