Johnson Investment Counsel Inc. Purchases 85 Shares of AMETEK, Inc. $AME

Johnson Investment Counsel Inc. increased its position in shares of AMETEK, Inc. (NYSE:AME) by 0.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,829 shares of the technology company’s stock after acquiring an additional 85 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in AMETEK were worth $6,484,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of AME. Invesco Ltd. boosted its stake in AMETEK by 127.2% during the 1st quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company’s stock worth $598,943,000 after acquiring an additional 1,947,831 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in AMETEK by 21.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company’s stock worth $1,888,385,000 after acquiring an additional 1,908,742 shares during the last quarter. Nuveen LLC bought a new position in AMETEK during the 1st quarter worth approximately $94,051,000. Goldman Sachs Group Inc. boosted its stake in AMETEK by 28.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,178,233 shares of the technology company’s stock worth $374,961,000 after acquiring an additional 484,803 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. bought a new position in AMETEK during the 1st quarter worth approximately $72,872,000. Institutional investors own 87.43% of the company’s stock.

AMETEK Price Performance

NYSE AME opened at $179.28 on Monday. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $198.33. The company has a market capitalization of $41.40 billion, a PE ratio of 28.87, a price-to-earnings-growth ratio of 2.57 and a beta of 1.11. The firm’s 50 day moving average is $185.60 and its 200-day moving average is $177.93.

AMETEK (NYSE:AME) last posted its quarterly earnings data on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.09. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The company had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.74 billion. During the same period last year, the company earned $1.66 earnings per share. The firm’s revenue was up 2.5% compared to the same quarter last year. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. Equities research analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a $0.31 dividend. The ex-dividend date was Monday, September 15th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.7%. AMETEK’s dividend payout ratio (DPR) is 19.97%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. KeyCorp raised their target price on shares of AMETEK from $195.00 to $205.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Morgan Stanley raised their target price on shares of AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a report on Friday, August 8th. Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. DA Davidson raised their target price on shares of AMETEK from $210.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Finally, TD Cowen upgraded shares of AMETEK from a “sell” rating to a “hold” rating and raised their target price for the stock from $158.00 to $180.00 in a report on Tuesday, September 2nd. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $207.42.

AMETEK Profile

AMETEK, Inc manufactures and sells electronic instruments and electromechanical devices in the North America, Europe, Asia, and South America, and internationally. The company's EIG segment offers advanced instruments for the process, aerospace, power, and industrial markets; process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries; instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets; power quality monitoring and c devices, uninterruptible power supplies, programmable power and electromagnetic compatibility test equipment, and sensors for gas turbines and dashboard instruments; heavy trucks, instrumentation, and controls for the food and beverage industries; and aircraft and engine sensors, power supplies, embedded computing, monitoring, fuel and fluid measurement, and data acquisition systems for aerospace and defense industry.