This morning we watched AMETEK rise 1.3% to a price of $185.29 per share. The Large-Cap Farm & Heavy Construction Machinery company is now trading -6.96% below its average target price of $199.15. Analysts have set target prices ranging from $158.0 to $225.0 per share for AMETEK, and have given the stock an average rating of buy.
AMETEK's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.0%. The stock's short ratio is 2.29. The company's insiders own 0.41% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 89.0%. In conclusion, we believe there is mixed market sentiment regarding AMETEK.
Institutions Invested in AMETEK
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Vanguard Group Inc | 11% | 25,865,564 | $4,792,759,634 |
| 2024-09-30 | Blackrock Inc. | 7% | 17,222,161 | $3,191,180,290 |
| 2024-09-30 | Price (T.Rowe) Associates Inc | 4% | 9,789,170 | $1,813,884,237 |
| 2024-09-30 | State Street Corporation | 4% | 9,220,376 | $1,708,489,554 |
| 2024-09-30 | FMR, LLC | 4% | 8,857,783 | $1,641,302,884 |
| 2024-09-30 | JP Morgan Chase & Company | 3% | 6,985,350 | $1,294,350,415 |
| 2024-09-30 | Geode Capital Management, LLC | 2% | 5,401,656 | $1,000,899,838 |
| 2024-09-30 | Massachusetts Financial Services Co. | 2% | 4,955,301 | $918,192,489 |
| 2024-12-31 | Bank Of New York Mellon Corporation | 2% | 4,415,508 | $818,171,546 |
| 2024-09-30 | Morgan Stanley | 2% | 4,007,448 | $742,560,069 |
