BNP Paribas Asset Management Holding S.A. Adds $5M in AMETEK, Inc. ($AME)
BNP Paribas Asset Management increased its stake in AMETEK by 4.9% to 415,367 shares.
Key Points
- BNP Paribas Asset Management increased its stake in AMETEK by 4.9%, adding 19,443 shares to reach a total of 415,367 shares valued at approximately $99.6 million.
- Shares of AMETEK traded near $239.81 on Thursday, with a market cap of $55.4 billion and a P/E ratio of 36.5.
- Recent analyst activity shows a mix of buy and hold ratings, with a consensus price target of $259.05.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
BNP Paribas Asset Management Holding S.A. raised its stake in AMETEK, Inc. (NYSE:AME) by 4.9% during the last reported period. The asset manager added 19,443 shares, bringing its total holdings to 415,367 shares valued at about $99.6 million, according to its latest Form 13F filing with the SEC.
BNP Paribas Asset Management Holding S.A. vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
What Changed in BNP Paribas Asset Management's AMETEK Position
BNP Paribas Asset Management increased its holdings in AMETEK from 395,924 shares to 415,367 shares, a 4.9% boost. This increase reflects the firm's continued interest in AMETEK, with the position now valued at around $99.6 million.
Other Institutional Activity in AMETEK
Several other institutional investors have also adjusted their positions in AMETEK. BlackRock, Inc. trimmed its holdings by 824,909 shares, ending with 18,828,257 shares worth approximately $4.04 billion, a 4.2% decrease. Vanguard Capital Management LLC opened a new position with 14,926,515 shares valued at about $3.2 billion. State Street Corp added 127,524 shares, bringing its total to 10,083,885 shares valued at $2.16 billion, marking a 1.3% increase. Price T Rowe Associates Inc /MD/ reduced its stake by 967,516 shares, finishing with 6,924,498 shares valued at $1.48 billion, a 12.3% decrease.
AMETEK, Inc. Stock Up 0.5%
Shares of NYSE:AME traded near $239.81 on Thursday. AMETEK has a market cap of approximately $55.4 billion and a P/E ratio of 36.5. The stock has a 52-week low of $174.43 and a high of $243.18, with a 50-day moving average of $230.19 and a 200-day moving average of $211.87. AMETEK's current ratio stands at 1.14, while its quick ratio is 0.61, and it has a debt-to-equity ratio of 22.49.
$AME stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
AMETEK reported revenue of $7.60 billion with a growth rate of 11.3%. The company's net margin is 20.1%, and its return on equity is 14.6%. AMETEK's earnings per share (EPS) is $6.62. The next earnings report is expected on July 30, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
3 analysts raised price targets.
-
EPS & revenue
EPS beat estimates by 2.5%. Revenue met estimates.
-
Profit surprise
EBITDA met by 1 percent. Operating income met by 2 percent.
-
Pre-earnings setup
Expectations were about average.
-
Analyst signal
3 target raises.
-
Earnings quality
Gross margin up 1.1 points. Positive free cash flow.
Earnings Call Summary
The company reported first quarter revenue of $1.93 billion, up 11 percent, with earnings per share of $1.97, beating guidance of $1.85 to $1.90. Orders jumped 23 percent to a record $2.2 billion, with backlog reaching $3.87 billion. Core operating margins expanded 160 basis points to 27.9 percent, driven by EMG margin growth of 410 basis points and strong execution across all divisions. The company acquired First Aviation Services for defense aftermarket expansion and has $5 billion plus in available capital for M&A while maintaining investment-grade rating.
Guidance AMETEK raised full year earnings to $7.94 to $8.14 per share, up 7 to 10 percent from last year. Second quarter expected at $1.96 to $2 per share. Sales forecast for 2026 remains high single digit growth with mid-single digit organic growth, reflecting strong orders momentum into the year.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Dividend
AMETEK pays an annual dividend rate of $1.36, yielding 0.57%. The dividend payout ratio is 19.18%.
Insider Buying and Selling at AMETEK, Inc.
On May 27, 2026, Ronald Oscher, Chief Administrative Officer, executed a buy and sell of 39,954 shares each. On May 7, 2026, Nick Stanage purchased 760 shares at an average price of $234.73. Thomas Amato made multiple transactions on March 24, 2026, including a buy of 500 shares and sells of 500 and 530 shares.
Analysts Set New Price Targets
On June 15, 2026, Citigroup initiated coverage on AMETEK with a hold rating and a $257 price target. Earlier, on May 4, 2026, Truist Securities reiterated their buy rating with a $275 target, while DA Davidson maintained a buy rating with a $265 target. The consensus among 20 analysts is a buy recommendation, with an average target price of $259.05.
About AMETEK, Inc.
AMETEK, Inc., based in Berwyn, Pennsylvania, is a leading manufacturer of electronic instruments and electromechanical devices. The company operates through two main segments: Electronic Instruments Group (EIG) and Electromechanical Group (EMG). AMETEK serves a variety of industries, including aerospace, power, and industrial markets, offering products like advanced instruments, power supplies, and motor systems. Led by CEO David A. Zapico, AMETEK employs around 22,500 people worldwide.
Bottom Line
BNP Paribas Asset Management's recent increase in its AMETEK stake signals confidence in the specialty industrial machinery company's prospects. Investors track these filings to understand institutional sentiment, though it's important to remember that 13F filings are historical and might not represent current positions. With a strong market presence and diverse product offerings, AMETEK remains a key player in the industrial sector.
Get AMETEK, Inc. alerts
New 13F filings, insider trades, and analyst moves on $AME, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.