Bank of America 13F: Adds $26M to AMETEK (AME) Stake
Bank of America added 115,311 shares of AMETEK, Inc. during the period, growing its total portfolio stake to over 1.6 million shares.
Reviewed by automated data checks against the source filing. How we make and check alerts
Bank of America added 115,311 shares to its stake in AMETEK, Inc. ($AME), a 7.52% increase, according to a 13F filing with the SEC dated May 18, 2026. It reported 1,648,119 shares worth $373.38 million at the end of the quarter.
Since the filing, $AME is up 1.7% after 1 week, up 2.6% after 1 month and up 10.3% to date (from the $224.99 close on May 18, 2026).
AME
AMETEK, Inc.
Key Points
- Bank of America increased its holding in AMETEK, Inc. by 7.5% to reach 1,648,119 shares.
- The institutional investor's stake was valued at approximately $373.38 million at the close of the period.
- Wall Street maintains a buy recommendation on AMETEK with an average target price of $278.33.
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Bank of America Grows Position in AMETEK
Bank of America raised its holdings in AMETEK, Inc. (NYSE:AME) during the period, according to a Form 13F filing filed with the Securities and Exchange Commission. The filing reflects holdings as of the reporting period and may not represent the investor's current position today. The major financial institution added to its portfolio in a move that expands its exposure to the industrial equipment maker.
Portfolio Move Details
During the quarter, Bank of America boosted its position by purchasing an additional 115,311 shares. That marked a 7.5% increase from its prior count of 1,532,808 shares. The fund wrapped up the period with 1,648,119 total shares of the company. The reported value of the stake reached about $373.38 million based on the filing.
AMETEK Stock Performance
AMETEK shares have traded within a 52-week band, hitting a low of $179.24 and a high of $261.16. The stock recently changed hands around $226.55. The company operates with a trailing price-to-earnings ratio of 35.27 and a forward P/E ratio of 25.17, while supporting a market capitalization of roughly $55.30 billion.
Recent Earnings and Dividend Profile
AMETEK generated $7.86 billion in revenue over the trailing period, accompanied by a revenue growth rate of 15.0%. The company posted earnings of $6.84 per share alongside a net margin of 20.0% and a return on equity of 14.6%. Shareholders receive an annual dividend of $1.36 per share, giving the stock a dividend yield of 0.57% backed by a payout ratio of 19.0%. The company's next earnings report is slated for October 29, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
3 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 2.5%. Revenue met estimates.
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Profit surprise
EBITDA met by 1 percent. Operating income met by 2 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
3 target raises.
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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.
Wall Street Analyst Views
Analyst firms continue to adjust their outlooks on the industrial manufacturer. On August 5, 2026, Citigroup maintained its neutral rating and moved its price target to $261.00, later updating it to $263.00 on October 12, 2026. Baird maintained a neutral stance on October 5, 2026, while lifting its target to $280.00. BNP Paribas kept an outperform rating on September 11, 2026, with a target of $290.00. Across the broader analyst community, the stock holds a consensus buy rating and a mean price target of $278.33 based on 18 analyst opinions.
Inside AMETEK's Operations
AMETEK manufactures electronic instruments and electromechanical devices for various industrial, medical, and aerospace markets. Headquartered in Berwyn, Pennsylvania, the company serves customers globally through specialized operating segments. Institutional interest remains high as the firm heads toward its upcoming autumn financial updates.
What to Watch at AME
Investors will keep an eye on future 13F filings from major banks to see how institutional appetite shifts. AMETEK's upcoming earnings release on October 29, 2026, will provide fresh financial data. As always, these regulatory filings look backward at past quarters and do not constitute investment advice.
Related Filing Alerts
Source: Bank of America's 13F filing on $AME (May 18, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Bank of America 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts