Varma Mutual Pension Insurance Co Buys 10,180 Shares of AMETEK, Inc. $AME

Key Points

• Varma Mutual Pension Insurance Co increased its stake in AMETEK (NYSE:AME) by 16.8%, buying 10,180 shares to hold 70,875 shares valued at about $14.55 million at quarter-end.
• Analysts give AMETEK a consensus "Moderate Buy" with an average price target of $252.33, and several firms recently raised targets (e.g., KeyCorp $260, Deutsche Bank $271).
• AMETEK beat Q results (EPS $1.97 vs. $1.90) with revenue up 11.3%, issued FY2026 EPS guidance of 7.94–8.14, and raised its quarterly dividend to $0.34 (annualized $1.36, ~0.6% yield).

Varma Mutual Pension Insurance Co increased its stake in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 16.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 70,875 shares of the technology company's stock after acquiring an additional 10,180 shares during the quarter. Varma Mutual Pension Insurance Co's holdings in AMETEK were worth $14,551,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Fort Washington Investment Advisors Inc. OH raised its stake in shares of AMETEK by 2.9% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 1,816 shares of the technology company's stock valued at $373,000 after buying an additional 51 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of AMETEK by 2.0% during the 3rd quarter. Parallel Advisors LLC now owns 2,766 shares of the technology company's stock worth $520,000 after acquiring an additional 53 shares during the period. Biltmore Wealth Management LLC lifted its holdings in shares of AMETEK by 1.1% during the 3rd quarter. Biltmore Wealth Management LLC now owns 4,771 shares of the technology company's stock worth $897,000 after acquiring an additional 54 shares during the period. Brooklyn Investment Group lifted its holdings in shares of AMETEK by 3.2% during the 3rd quarter. Brooklyn Investment Group now owns 1,735 shares of the technology company's stock worth $326,000 after acquiring an additional 54 shares during the period. Finally, Cim LLC lifted its holdings in shares of AMETEK by 0.7% during the 3rd quarter. Cim LLC now owns 7,645 shares of the technology company's stock worth $1,437,000 after acquiring an additional 56 shares during the period. Institutional investors own 87.43% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of AMETEK in a report on Wednesday, January 21st. They set a "buy" rating and a $271.00 price objective for the company. KeyCorp raised their price objective on shares of AMETEK from $235.00 to $260.00 and gave the stock an "overweight" rating in a report on Wednesday, February 4th. DA Davidson reaffirmed a "buy" rating and issued a $265.00 target price on shares of AMETEK in a report on Monday. TD Cowen reaffirmed a "buy" rating on shares of AMETEK in a report on Tuesday, February 3rd. Finally, Morgan Stanley upped their target price on shares of AMETEK from $215.00 to $235.00 and gave the stock an "equal weight" rating in a report on Thursday, March 12th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $252.33.

AMETEK Stock Down 0.1%

AME opened at $230.27 on Tuesday. The firm's 50-day simple moving average is $225.56 and its 200-day simple moving average is $213.21. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.72 and a current ratio of 1.14. AMETEK, Inc. has a twelve month low of $167.75 and a twelve month high of $242.05. The firm has a market cap of $52.75 billion, a price-to-earnings ratio of 34.78, a PEG ratio of 3.30 and a beta of 1.03.

AMETEK (NYSE:AME - Get Free Report) last posted its earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, topping 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 business had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same quarter in the prior year, the firm earned $1.75 EPS. The firm's quarterly 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. Equities research analysts anticipate that AMETEK, Inc. will post 8.06 EPS for the current fiscal year.

AMETEK Increases Dividend

The company also recently announced 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 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, March 16th. This is a positive change from AMETEK's previous quarterly dividend of $0.31. AMETEK's payout ratio is currently 21.25%.

Insider Transactions at AMETEK

In related news, Director Thomas A. Amato sold 530 shares of the company's stock in a transaction dated 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 $971,174.40. This represents a 10.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is currently owned by company insiders.

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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