Hudson Bay Capital Management 13F: Cuts AME Stake by $1.7M

Hudson Bay Capital Management recently trimmed its stake in AMETEK, Inc. (NYSE:AME), reducing its holdings by 7,194 shares. The fund now holds 78,167 shares valued at approximately $18.1 million. This adjustment, disclosed in a Form 13F filing with the SEC, reflects a decrease of about 8.4% from the previous quarter.

What Changed in Hudson Bay Capital's AMETEK Position

Hudson Bay Capital reduced its AMETEK holdings from 85,361 shares to 78,167 shares, a decrease of 7,194 shares or 8.4%. The value of the holdings stands at $18.1 million, based on the latest market data. This move shows a slight reduction in the firm's exposure to AMETEK.

Other Institutional Activity in AMETEK

Several other institutional investors also adjusted their positions in AMETEK. BlackRock, Inc. cut its holdings by 824,909 shares, bringing its total to 18,828,257 shares worth about $4.04 billion. Vanguard Capital Management LLC added 14,926,515 shares, resulting in a total of 14,926,515 shares valued at approximately $3.2 billion. State Street Corp increased its stake by 127,524 shares to 10,083,885 shares, valued at $2.16 billion. Price T Rowe Associates Inc /MD/ reduced its holdings by 967,516 shares, leaving it with 6,924,498 shares worth $1.48 billion.

AMETEK, Inc. Stock Up 2.2%

Shares of AMETEK, Inc. (NYSE:AME) are trading around $232.15. The company has a market cap of approximately $52.8 billion and a P/E ratio of 34.86. Its forward P/E is 26.15, with a beta of 1.004, indicating its stock moves roughly in line with the market. AMETEK's 52-week range is $174.43 to $243.18, with a 50-day moving average of $229.51 and a 200-day moving average of $211.14.

Recent Earnings

AMETEK reported strong financial results, with revenue reaching $7.6 billion, reflecting a growth of 11.3%. The company's net margin stands at 20.1%, and it has a return on equity of 14.6%. The earnings per share (EPS) is $6.61. The next earnings report is expected on July 30, 2026.

Dividend

AMETEK pays an annual dividend rate of $1.36, yielding 0.59%. The dividend payout ratio is a modest 19.18%, indicating a sustainable dividend policy.

Insider Buying and Selling at AMETEK, Inc.

Recent insider activity at AMETEK includes Ronald Oscher, Chief Administrative Officer, buying and selling 39,954 shares on May 27, 2026. Nick Stanage purchased 760 shares on May 7, 2026, at an average price of $234.73. Thomas Amato made several transactions on March 24, 2026, involving buys and sells of 500 and 530 shares, respectively.

Analysts Set New Price Targets

On June 15, 2026, Citigroup initiated coverage on AMETEK with a hold rating and a $257 price target. Earlier in May, Truist Securities reiterated a buy rating with a $275 target, and DA Davidson maintained a buy rating at $265. The consensus among 19 analysts is a target mean price of $259.16.

About AMETEK, Inc.

AMETEK, Inc., based in Berwyn, Pennsylvania, is a leader in the industrial machinery sector. It operates through two main segments: Electronic Instruments and Electromechanical Devices. The company serves a wide range of industries, including aerospace, defense, and healthcare, providing high-quality instruments and components. Led by CEO David A. Zapico, AMETEK employs around 22,500 people worldwide.

Bottom Line

Hudson Bay Capital's recent reduction in its AMETEK holdings is part of the fund's portfolio adjustments as disclosed in its latest 13F filing. Investors often track such filings to gauge institutional sentiment, though it's important to remember these filings are historical and may not reflect current positions. AMETEK continues to attract attention with its solid financial performance and active analyst coverage.