Sumitomo Mitsui Trust Group Inc. Decreases Stock Holdings in AMETEK, Inc. $AME

Key Points

• Sumitomo Mitsui Trust Group trimmed its AMETEK stake by 2.1% in Q4, selling 11,127 shares and ending the quarter with 527,119 shares worth about $108.22 million (0.23% of the company).
• AMETEK beat expectations for the quarter with $2.01 EPS (vs. $1.94) and $2.0B revenue (up 13.4% YoY), provided FY2026 EPS guidance of $7.87–$8.07, and carries an analyst consensus rating of "Moderate Buy" with a $244.67 target.
• Dividend increased to $0.34 quarterly (annualized $1.36), yielding about 0.6% with a payout ratio of 21.25%.

Sumitomo Mitsui Trust Group Inc. reduced its holdings in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 2.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 527,119 shares of the technology company's stock after selling 11,127 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned 0.23% of AMETEK worth $108,223,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Fort Washington Investment Advisors Inc. OH grew its stake in AMETEK by 2.9% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 1,816 shares of the technology company's stock worth $373,000 after buying an additional 51 shares during the period. Parallel Advisors LLC lifted its position in shares of AMETEK by 2.0% during the third quarter. Parallel Advisors LLC now owns 2,766 shares of the technology company's stock worth $520,000 after purchasing an additional 53 shares in the last quarter. Biltmore Wealth Management LLC lifted its position in shares of AMETEK by 1.1% during the third quarter. Biltmore Wealth Management LLC now owns 4,771 shares of the technology company's stock worth $897,000 after purchasing an additional 54 shares in the last quarter. Brooklyn Investment Group lifted its position in shares of AMETEK by 3.2% during the third quarter. Brooklyn Investment Group now owns 1,735 shares of the technology company's stock worth $326,000 after purchasing an additional 54 shares in the last quarter. Finally, Cim LLC lifted its position in shares of AMETEK by 0.7% during the third quarter. Cim LLC now owns 7,645 shares of the technology company's stock worth $1,437,000 after purchasing an additional 56 shares in the last quarter. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AME has been the topic of a number of recent research reports. DA Davidson reissued a "buy" rating and set a $240.00 target price on shares of AMETEK in a research report on Wednesday, February 4th. TD Cowen reissued 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 target price on the stock. Barclays upped their price target on shares of AMETEK from $210.00 to $220.00 and gave the company an "equal weight" rating in a report on Wednesday, February 4th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $257.00 price target on shares of AMETEK in a report on Wednesday, February 4th. One equities research 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's stock. Based on data from MarketBeat.com, AMETEK currently has an average rating of "Moderate Buy" and a consensus target price of $244.67.

Insider Buying and Selling at AMETEK

In other AMETEK news, Director Thomas A. Amato sold 530 shares of the 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 sale, the director directly owned 4,480 shares of the company's stock, valued at approximately $971,174.40. This represents a 10.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.54% of the company's stock.

AMETEK Trading Down 0.3%

AME opened at $234.25 on Tuesday. The stock has a market capitalization of $53.66 billion, a PE ratio of 36.60, a P/E/G ratio of 3.37 and a beta of 1.04. The firm's fifty day moving average price is $225.19 and its 200 day moving average price is $208.78. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 0.67. AMETEK, Inc. has a 12-month low of $153.73 and a 12-month high of $242.05.

AMETEK (NYSE:AME - Get Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.07. The firm had revenue of $2 billion for the quarter, compared to analysts' expectations of $1.94 billion. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The firm's quarterly revenue was up 13.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.87 earnings per share. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. As a group, research analysts expect that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. This is a positive change from AMETEK's previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Monday, March 16th. AMETEK's dividend payout ratio is currently 21.25%.

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.

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