Guinness Asset Management LTD reduced its stake in AMETEK, Inc. (NYSE:AME) by 4.6% in the third quarter, selling 12,041 shares and retaining 249,862 shares worth $46.69 million. Despite this reduction, other institutional investors like Norges Bank, Amundi, and Invesco Ltd. significantly increased their holdings in AMETEK. The company recently reported strong Q4 earnings, surpassing expectations with increased revenues and positive guidance for Q1 and FY 2026, while also facing some analyst caution regarding premium valuation and margin durability.
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AMETEK, Inc. $AME Shares Sold by Guinness Asset Management LTD
Guinness Asset Management LTD reduced its stake in AMETEK, Inc. (NYSE:AME) by 4.6% in the third quarter, selling 12,041 shares and retaining 249,862 shares worth $46.69 million. Despite this reduction, other institutional investors like Norges Bank, Amundi, and Invesco Ltd. significantly increased their holdings in AMETEK. The company recently reported strong Q4 earnings, surpassing expectations with increased revenues and positive guidance for Q1 and FY 2026, while also facing some analyst caution regarding premium valuation and margin durability.