Giverny Capital Asset Management Exits Position in Ametek Due to Valuation Concerns
In its Q1 2026 investor letter, Giverny Capital Asset Management disclosed the sale of AMETEK (AME) due to a widening valuation gap. The firm cited an elevated price-to-earnings multiple relative to earnings growth and return on equity as key factors in their decision.
Tickers: $AME
Topics: AME Ametek Giverny Capital valuation analysis