Bank of America 13F: Adds $28M to AMETEK (AME) Stake
Bank of America raised its position in AMETEK, Inc. by 115,311 shares, now totaling 1,648,119 shares valued at approximately $400.5 million.
Reviewed by automated data checks against the source filing. How we make and check alerts
Bank of America added 115,311 shares to its stake in AMETEK, Inc. ($AME), a 7.52% increase, according to a 13F filing with the SEC dated May 18, 2026. It reported 1,648,119 shares worth $400.47 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 boosted its stake in AMETEK, Inc. by 115,311 shares, raising its total to 1,648,119 shares valued at about $400.5 million.
- AMETEK stock is currently trading at $242.99, slightly above its 50-day moving average of $241.51.
- The company has a P/E ratio of 35.3, reflecting its valuation in the specialty industrial machinery sector.
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Bank of America Increases Position
Bank of America has raised its stake in AMETEK, Inc. (NYSE: AME) by 115,311 shares, bringing its total to 1,648,119 shares. This increase is valued at approximately $400.5 million, based on a cost basis of $142.38 per share. The latest filing reflects holdings as of May 18, 2026.
Recent Moves by Other Institutional Investors
Several other institutional investors have also adjusted their positions in AMETEK recently. On May 11, Citigroup increased its stake by 45%, now holding 187,180 shares valued at $45.48 million. On May 14, both Raymond James Financial and BNP Paribas Asset Management boosted their stakes, with Raymond James adding 5,329 shares and BNP increasing its holdings by 4.9% to 415,367 shares. Dz Bank AG made a significant move as well, raising its holdings by 586% to nearly 1.3 million shares.
How AMETEK, Inc. Stock Has Traded
AMETEK shares are trading at $242.99, which is slightly above its 50-day moving average of $241.51. The stock has seen a range between $179.24 and $261.16 over the past year. This recent increase in holdings by Bank of America comes as the stock price hovers near its highs, suggesting confidence in the company's future performance.
Analysts Set New Price Targets
Analysts have been maintaining their ratings on AMETEK, with Citigroup keeping a Neutral rating and a price target of $263 on October 12, 2026. Baird also maintained a Neutral rating with a target of $280 on October 5, while Truist Securities holds a Buy rating with a price target of $316. The consensus recommendation is a Buy, with a mean target price of $278.33 from 18 analysts.
What AMETEK, Inc. Does
AMETEK, Inc. manufactures a wide range of electronic instruments and electromechanical devices. The company serves various industries, including aerospace, power, and industrial markets. This recent stake increase by Bank of America reflects a growing interest in AMETEK's strong market position and diverse product offerings.
What’s Next for AMETEK
Investors will be watching for AMETEK's next earnings report scheduled for October 29, 2026. As always, the 13F filing reflects past positions and may not indicate current holdings, but the trend of increasing stakes among major institutional investors suggests optimism for the company’s future.
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