Keeler Thomas Management LLC acquired a new position in AMETEK, Inc. (NYSE:AME – Free Report) during the 2nd quarter, Holdings Channel reports. The fund acquired 7,200 shares of the technology company’s stock, valued at approximately $1,303,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Banco Santander S.A. boosted its position in shares of AMETEK by 20.8% in the 1st quarter. Banco Santander S.A. now owns 45,365 shares of the technology company’s stock worth $7,809,000 after buying an additional 7,799 shares in the last quarter. 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 valued at $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 valued at $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 valued at $7,607,000 after purchasing an additional 6,318 shares in the last quarter. Finally, FORA Capital LLC lifted its holdings in AMETEK by 103.5% in the 1st quarter. FORA Capital LLC now owns 5,314 shares of the technology company’s stock valued at $915,000 after purchasing an additional 2,703 shares in the last quarter. 87.43% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on AME shares. Barclays started coverage on shares of AMETEK in a report on Wednesday, September 10th. They issued an “equal weight” rating and a $200.00 target price on the stock. Mizuho upped their price objective on shares of AMETEK from $212.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a research report on Friday. TD Cowen raised shares of AMETEK from a “sell” rating to a “hold” rating and increased their target price for the stock from $158.00 to $180.00 in a research report on Tuesday, September 2nd. Finally, Truist Financial increased their target price on shares of AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, AMETEK presently has a consensus rating of “Moderate Buy” and an average target price of $207.42.
AMETEK Stock Down 1.2%
NYSE AME opened at $186.96 on Friday. The stock has a market cap of $43.18 billion, a PE ratio of 30.11, a P/E/G ratio of 2.72 and a beta of 1.11. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $198.33. The business has a 50 day moving average price of $186.02 and a two-hundred day moving average price of $179.31. 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 (NYSE:AME – Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.09. The firm had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.74 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.AMETEK’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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, sell-side analysts predict that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.
AMETEK Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Monday, September 15th. AMETEK’s dividend payout ratio is currently 19.97%.
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.
Further Reading
- Five stocks we like better than AMETEK
- Growth Stocks: What They Are, Examples and How to Invest
- Time to Take Notice: PEGA’s GenAI Blueprint Delivers Huge Q3 Beat
- The Risks of Owning Bonds
- MarketBeat Week in Review – 10/20 – 10/24
- How to Read Stock Charts for Beginners
- Rayonier-PotlatchDeltic Merger Signals Industry Upside
Want to see what other hedge funds are holding AME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMETEK, Inc. (NYSE:AME – Free Report).
Receive News & Ratings for AMETEK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMETEK and related companies with MarketBeat.com's FREE daily email newsletter.
