M.D. Sass LLC Acquires 33,887 Shares of AMETEK, Inc. $AME

M.D. Sass LLC boosted its holdings in AMETEK, Inc. (NYSE:AME) by 9.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 400,881 shares of the technology company’s stock after purchasing an additional 33,887 shares during the quarter. AMETEK accounts for about 5.7% of M.D. Sass LLC’s portfolio, making the stock its 5th largest holding. M.D. Sass LLC’s holdings in AMETEK were worth $72,543,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Avantax Advisory Services Inc. boosted its stake in shares of AMETEK by 6.6% in the first quarter. Avantax Advisory Services Inc. now owns 5,300 shares of the technology company’s stock valued at $912,000 after buying an additional 329 shares during the period. LPL Financial LLC raised its holdings in AMETEK by 4.7% in the 1st quarter. LPL Financial LLC now owns 121,725 shares of the technology company’s stock valued at $20,954,000 after acquiring an additional 5,420 shares in the last quarter. Federated Hermes Inc. lifted its position in shares of AMETEK by 8.3% during the 1st quarter. Federated Hermes Inc. now owns 1,017 shares of the technology company’s stock valued at $175,000 after acquiring an additional 78 shares during the period. GSA Capital Partners LLP grew its holdings in shares of AMETEK by 49.6% during the 1st quarter. GSA Capital Partners LLP now owns 3,214 shares of the technology company’s stock worth $553,000 after purchasing an additional 1,066 shares in the last quarter. Finally, Jefferies Financial Group Inc. bought a new position in shares of AMETEK in the first quarter worth $386,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

Insider Activity

In other AMETEK news, insider Ronald J. Oscher sold 26,290 shares of the stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $200.05, for a total value of $5,259,314.50. Following the completion of the transaction, the insider directly owned 40,226 shares in the company, valued at approximately $8,047,211.30. This trade represents a 39.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO David A. Zapico sold 88,000 shares of the business’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $196.39, for a total value of $17,282,320.00. Following the sale, the chief executive officer owned 348,955 shares in the company, valued at approximately $68,531,272.45. This trade represents a 20.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.57% of the stock is currently owned by company insiders.

AMETEK Price Performance

AME stock opened at $197.89 on Monday. The stock has a market cap of $45.56 billion, a price-to-earnings ratio of 31.87, a P/E/G ratio of 2.64 and a beta of 1.12. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. The company has a 50 day simple moving average of $190.02 and a 200 day simple moving average of $184.77. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $204.15.

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

AMETEK Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 5th will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, December 5th. AMETEK’s dividend payout ratio is presently 19.56%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on AME shares. Truist Financial upped their price objective 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. Barclays boosted their target price on shares of AMETEK from $200.00 to $205.00 and gave the company an “equal weight” rating in a research report on Friday, October 31st. KeyCorp lifted their price objective on shares of AMETEK from $205.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, October 8th. Finally, Morgan Stanley raised their target price on AMETEK from $185.00 to $198.00 and gave the company an “equal weight” rating in a report on Friday, August 8th. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, AMETEK presently has an average rating of “Moderate Buy” and a consensus price target of $211.00.

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.