Banco Santander Boosts Stake in AMETEK

Institutional investor increases holding in technology company by 41%

Published on Feb. 28, 2026

Got story updates? Submit your updates here. ›

Banco Santander S.A., a major institutional investor, has increased its stake in AMETEK, Inc. (NYSE:AME) by 41% during the third quarter, according to a recent SEC filing. The bank now owns 63,955 shares of the technology company's stock, valued at $12.02 million.

Why it matters

AMETEK is a global manufacturer of electronic instruments and electromechanical devices, serving a wide range of industries. Banco Santander's increased investment in the company signals the bank's confidence in AMETEK's growth potential and the overall strength of the technology sector.

The details

According to the SEC filing, Banco Santander purchased an additional 18,590 shares of AMETEK during the third quarter, bringing its total holding to 63,955 shares. This represents a 41% increase in the bank's stake in the company. AMETEK is known for its precision instruments, electronic measurement devices, specialty sensors, and electric motors and motion control systems, which are used in critical applications across various industries.

  • Banco Santander increased its stake in AMETEK during the third quarter of the year.

The players

Banco Santander S.A.

A major Spanish multinational commercial bank and financial services company.

AMETEK, Inc.

A global manufacturer of electronic instruments and electromechanical devices, serving a wide range of industries.

Got photos? Submit your photos here. ›

The takeaway

Banco Santander's increased investment in AMETEK reflects the bank's confidence in the technology company's growth potential and the overall strength of the technology sector. This move highlights the continued interest from institutional investors in AMETEK's diverse product portfolio and its position as a leading global manufacturer of electronic instruments and electromechanical devices.