Callan Family Office LLC Purchases Shares of 2,439 AMETEK, Inc. $AME

Callan Family Office LLC acquired a new stake in shares of AMETEK, Inc. (NYSE:AME) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 2,439 shares of the technology company’s stock, valued at approximately $441,000.

Other hedge funds also recently made changes to their positions in the company. Banco Santander S.A. grew its stake in shares of AMETEK by 20.8% during the 1st quarter. Banco Santander S.A. now owns 45,365 shares of the technology company’s stock valued at $7,809,000 after acquiring an additional 7,799 shares during the period. M.D. Sass LLC lifted its holdings in AMETEK by 2.1% in the 1st quarter. M.D. Sass LLC now owns 366,994 shares of the technology company’s stock worth $63,174,000 after purchasing an additional 7,666 shares in the last quarter. DAVENPORT & Co LLC lifted its holdings in AMETEK by 0.8% in the 1st quarter. DAVENPORT & Co LLC now owns 7,125 shares of the technology company’s stock worth $1,226,000 after purchasing an additional 60 shares in the last quarter. Raiffeisen Bank International AG lifted its holdings in AMETEK by 16.5% in the 1st quarter. Raiffeisen Bank International AG now owns 44,647 shares of the technology company’s stock worth $7,607,000 after purchasing an additional 6,318 shares in the last quarter. Finally, Sowell Financial Services LLC purchased a new position in AMETEK in the 1st quarter worth approximately $293,000. 87.43% of the stock is currently owned by institutional investors.

AMETEK Price Performance

AMETEK stock opened at $185.69 on Wednesday. The firm has a 50-day moving average price of $185.57 and a 200-day moving average price of $178.07. The firm has a market capitalization of $42.89 billion, a PE ratio of 29.90, a price-to-earnings-growth ratio of 2.62 and a beta of 1.11. The company has a current ratio of 1.63, a quick ratio of 1.04 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.

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

AMETEK Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Morgan Stanley boosted their price target on AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a report on Friday, August 8th. Melius cut AMETEK from a “buy” rating to a “hold” rating and set a $192.00 price objective on the stock. in a report on Monday, July 14th. Truist Financial raised their target price on shares of AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. Mizuho increased their price objective on shares of AMETEK from $212.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Finally, DA Davidson increased their price objective on shares of AMETEK from $210.00 to $215.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, AMETEK currently has an average rating of “Moderate Buy” and an average target price of $207.42.

About AMETEK

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.