AMETEK (NYSE:AME) Insider Sells $5,259,314.50 in Stock

AMETEK, Inc. (NYSE:AME) insider Ronald Oscher sold 26,290 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $200.05, for a total transaction of $5,259,314.50. Following the completion of the transaction, the insider owned 40,226 shares in the company, valued at $8,047,211.30. This represents a 39.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

AMETEK Trading Down 1.8%

Shares of AMETEK stock traded down $3.61 on Monday, hitting $198.50. The stock had a trading volume of 1,551,848 shares, compared to its average volume of 1,344,683. 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 one year low of $145.02 and a one year high of $204.15. The stock has a market cap of $45.85 billion, a price-to-earnings ratio of 31.97, a PEG ratio of 2.64 and a beta of 1.11. The stock’s 50-day simple moving average is $186.73 and its two-hundred day simple moving average is $180.89.

AMETEK (NYSE:AME) last issued its earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.13. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The firm had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter last year, the business earned $1.66 earnings per share. The business’s revenue was up 10.8% on a year-over-year basis. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.320-7.370 EPS. As a group, sell-side analysts predict that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.24 annualized dividend and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 19.56%.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Melius Research raised AMETEK to a “hold” rating in a research report on Monday, July 14th. Wall Street Zen raised AMETEK from a “hold” rating to a “buy” rating in a research report on Saturday. KeyCorp lifted their price target on AMETEK from $205.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday. Royal Bank Of Canada lifted their price target on AMETEK from $212.00 to $229.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Barclays lifted their price target on AMETEK from $200.00 to $205.00 and gave the stock an “equal weight” rating in a research report on Friday. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, AMETEK has an average rating of “Moderate Buy” and a consensus target price of $211.00.

Hedge Funds Weigh In On AMETEK

A number of hedge funds have recently bought and sold shares of AME. Vanguard Group Inc. raised its holdings in shares of AMETEK by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 26,997,665 shares of the technology company’s stock worth $4,885,497,000 after acquiring an additional 513,402 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of 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 in the last quarter. State Street Corp raised its holdings in shares of AMETEK by 1.3% during the 2nd quarter. State Street Corp now owns 9,637,303 shares of the technology company’s stock worth $1,743,966,000 after acquiring an additional 126,105 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of AMETEK by 1.8% during the 2nd quarter. Geode Capital Management LLC now owns 5,794,236 shares of the technology company’s stock worth $1,044,009,000 after acquiring an additional 104,139 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of AMETEK by 2.8% during the 1st quarter. JPMorgan Chase & Co. now owns 5,747,368 shares of the technology company’s stock worth $989,352,000 after acquiring an additional 154,682 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Company 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.