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By the People, for the People
Legal & General Group Plc Boosts AMETEK, Inc. Stake
Institutional investor increases holdings in technology company by 3.4% in third quarter
Mar. 12, 2026 at 10:21am
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Legal & General Group Plc, a major institutional investor, increased its stake in AMETEK, Inc. (NYSE:AME) by 3.4% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 1,403,746 shares of the technology company's stock, valued at $263,904,000.
Why it matters
AMETEK is a global manufacturer of electronic instruments and electromechanical devices that serves a wide range of industries. The increase in Legal & General's stake suggests the institutional investor sees long-term growth potential in the company.
The details
According to the 13F filing, Legal & General Group Plc acquired an additional 46,625 shares of AMETEK during the third quarter. The firm now owns 0.61% of the technology company's outstanding shares. AMETEK's stock has performed well in recent quarters, with the company reporting strong financial results and expanding its product portfolio.
- Legal & General Group Plc increased its AMETEK stake in the third quarter of 2026.
The players
Legal & General Group Plc
A major institutional investor and asset management firm based in the United Kingdom.
AMETEK, Inc.
A global manufacturer of electronic instruments and electromechanical devices that serves a wide range of industries.
The takeaway
The increase in Legal & General's stake in AMETEK suggests the institutional investor sees long-term growth potential in the technology company, which has reported strong financial results and expanded its product portfolio in recent quarters.
