Nuveen Adds $49M in AMETEK, Inc. ($AME)

Nuveen has increased its stake in AMETEK, Inc. (NYSE: AME) by 43%, according to its latest 13F filing with the SEC. The fund added 208,213 shares, bringing its total holdings to 690,784 shares, valued at approximately $161.2 million as of the reporting period.

What Changed in Nuveen's AMETEK Position

Nuveen's decision to boost its holdings in AMETEK represents a significant increase from its previous position of 482,571 shares. The fund's new stake reflects a 43% increase, with the total value of the shares now around $161.2 million.

Other Institutional Activity in AMETEK

Other major institutional investors have also been active in AMETEK. BlackRock, Inc. reduced its holdings by 824,909 shares, ending with 18,828,257 shares worth about $4.04 billion. Vanguard Capital Management LLC acquired 14,926,515 shares, resulting in holdings of the same amount, valued at approximately $3.20 billion. State Street Corp increased its position by 127,524 shares, totaling 10,083,885 shares valued at $2.16 billion. Price T Rowe Associates Inc /MD/ decreased its stake by 967,516 shares, leaving it with 6,924,498 shares worth $1.48 billion. Geode Capital Management, LLC added 234,077 shares, reaching a total of 6,125,313 shares valued at $1.31 billion.

AMETEK Stock Snapshot

Shares of AMETEK, Inc. (NYSE: AME) traded near $233.35. The company has a market cap of about $53 billion and a P/E ratio of 35. Its stock has seen a 52-week low of $174.43 and a high of $243.18. The 50-day moving average is $230.05, while the 200-day moving average is $211.60. AMETEK maintains a current ratio of 1.14 and a quick ratio of 0.61, with a debt-to-equity ratio of 22.49.

Recent Earnings

AMETEK reported revenue of approximately $7.60 billion, reflecting a growth rate of 11.3%. The company's net margin stands at 20.1%, with a return on equity of 14.63%. Earnings per share (EPS) were reported at $6.61. The next earnings release is expected on July 30, 2026.

Dividend

AMETEK offers an annual dividend rate of $1.36, yielding 0.59%. The dividend payout ratio is 19.18%.

Insider Buying and Selling at AMETEK, Inc.

Recent insider transactions at AMETEK include Ronald Oscher, Chief Administrative Officer, buying and selling 39,954 shares on May 27, 2026. Nick Stanage purchased 760 shares at an average price of $234.73 on May 7, 2026. Thomas Amato engaged in multiple transactions on March 24, 2026, including buying 500 shares and selling 530 shares at $216.78.

Analysts Set New Price Targets

On June 15, 2026, Citigroup initiated coverage on AMETEK with a hold rating and a $257 price target. Truist Securities reiterated its buy rating with a $275 target on May 4, 2026. DA Davidson also maintained a buy rating with a $265 target on the same day. Barclays maintained a hold rating with a $230 target. RBC Capital maintained its buy rating with a $260 target on May 1, 2026. The consensus among 20 analysts is a buy, with a mean price target of $259.05.

About AMETEK, Inc.

AMETEK, Inc., headquartered in Berwyn, Pennsylvania, is a leading manufacturer of electronic instruments and electromechanical devices. The company operates through its Electronic Instruments Group (EIG) and Electromechanical Group (EMG) segments, serving a wide range of industries, including aerospace, power, and industrial markets. Under the leadership of CEO David A. Zapico, AMETEK employs approximately 22,500 people.

Bottom Line

Nuveen's significant increase in its AMETEK holdings highlights the fund's confidence in the company's prospects. AMETEK remains a key player in the specialty industrial machinery sector, with strong financials and a positive outlook from analysts. As always, it's important to note that 13F filings reflect past holdings and may not indicate current positions.