Nuveen 13F: Adds $51M to AMETEK (AME) Stake

Nuveen's Increased Stake in AMETEK

Nuveen has boosted its position in AMETEK, Inc. (NYSE: AME) by 43.1%, adding 208,213 shares to bring its total holdings to 690,784 shares. This increase represents a value of approximately $167.85 million as of April 30, 2026, according to the latest Form 13F filing with the SEC.

What Changed in Nuveen's Position

Nuveen's holdings in AMETEK grew from 482,571 shares to 690,784 shares, reflecting a significant increase of 208,213 shares. The current position indicates the firm's continued confidence in AMETEK's performance and growth prospects.

Institutional Interest in AMETEK

While there were no additional funds reported in the latest filing, AMETEK has attracted attention from various institutional investors recently. For instance, Citigroup raised its stake by 45% to 187,180 shares valued at $45.48 million on May 11, 2026. Similarly, BNP Paribas increased its stake by 4.9% to 415,367 shares on May 14, 2026. These moves indicate a growing institutional interest in AMETEK.

How AMETEK, Inc. Stock Has Traded

AMETEK's shares are currently trading at $242.99, which is above its previous close of $237.64. The stock is also nearing its 52-week high of $261.16, suggesting strong market performance. The current price is above its 50-day moving average of $241.51, which may indicate positive momentum for the stock.

Analysts Set New Price Targets

Analysts maintain a generally positive outlook on AMETEK. On October 12, 2026, Citigroup kept a 'Neutral' rating with a price target of $263. Baird also maintained a 'Neutral' rating with a target of $280 on October 5, 2026. Truist Securities and TD Cowen both have 'Buy' ratings, with targets of $316 and $275, respectively. The overall consensus among 18 analysts is a 'buy' rating, with a mean price target of $278.33.

What AMETEK, Inc. Does

AMETEK, Inc. manufactures electronic instruments and electromechanical devices for various industrial markets. Its products are essential in sectors like aerospace, power, and food and beverage, which makes the company's performance significant for institutional investors like Nuveen.

What's Ahead for AMETEK, Inc.

Investors should keep an eye on AMETEK's next earnings report scheduled for October 29, 2026. The recent 13F filing reflects past holdings and may not represent current positions, but it highlights ongoing interest from institutional investors. With several firms maintaining positive ratings, AMETEK remains a company to watch in the coming months.