Wealth Enhancement Advisory Services 13F: Cuts AME Stake by $21M

Wealth Enhancement Advisory Services has significantly reduced its position in AMETEK, Inc. (NYSE: AME). According to its latest Form 13F filing with the SEC, the advisory firm sold 87,776 shares, cutting its holdings by 64.5% to 48,273 shares. The remaining shares are valued at approximately $11.26 million as of the reporting period.

What Changed in Wealth Enhancement Advisory Services's AMETEK Position

Wealth Enhancement Advisory Services trimmed its stake in AMETEK from 136,049 shares to 48,273 shares, reflecting a reduction of 87,776 shares. This move represents a 64.5% decrease in its holdings, with the current value of the remaining shares standing at about $11.26 million.

Other Institutional Activity in AMETEK

Several other institutional investors also adjusted their positions in AMETEK. BlackRock, Inc. reduced its holdings by 824,909 shares, now holding 18,828,257 shares valued at approximately $4.04 billion. Vanguard Capital Management LLC added a significant amount, now holding 14,926,515 shares worth about $3.20 billion. State Street Corp increased its stake by 127,524 shares, ending with 10,083,885 shares valued at $2.16 billion. Geode Capital Management, LLC grew its holdings by 234,077 shares, now holding 6,125,313 shares worth about $1.31 billion.

AMETEK, Inc. Stock Up 2.6%

Shares of AMETEK (NYSE: AME) are trading around $233.35. The company has a market capitalization of $53.01 billion and a P/E ratio of 35.0. AMETEK's stock has a 52-week low of $174.43 and a high of $243.18. The 50-day moving average is $230.05, and the 200-day moving average is $211.60. The firm 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 $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 14.6%. Its earnings per share (EPS) is $6.61. The next earnings report is expected on July 30, 2026.

Dividend

AMETEK pays an annual dividend of $1.36 per share, 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, who executed both a purchase and a sale of 39,954 shares on May 27, 2026. Nick Stanage bought 760 shares on May 7, 2026, at an average price of $234.73. Thomas Amato conducted several transactions on March 24, 2026, including buying and selling 500 shares.

Analysts Set New Price Targets

On June 15, 2026, Citigroup initiated coverage on AMETEK with a 'hold' rating and a price target of $257. Truist Securities reiterated a 'buy' rating with a $275 target on May 4, 2026. The consensus among analysts is a 'buy' recommendation, with a mean target price of $259.05 based on 20 analyst opinions.

About AMETEK, Inc.

AMETEK, Inc. is a leader in the industrial sector, specializing in electronic instruments and electromechanical devices. Headquartered in Berwyn, Pennsylvania, the company operates through its Electronic Instruments and Electromechanical segments. With a workforce of 22,500, AMETEK serves diverse markets, including aerospace, power, and industrial sectors, offering advanced instruments and automation solutions.

Bottom Line

Wealth Enhancement Advisory Services' significant reduction in AMETEK holdings is a notable move, reflecting strategic portfolio adjustments. Investors often track such filings to gauge institutional sentiment, though it's important to remember that 13F data is historical and may not represent current positions. AMETEK continues to attract attention with its solid market position and analyst support.