AMETEK, Inc. $AME Stock Holdings Lessened by Meritage Portfolio Management

Meritage Portfolio Management trimmed its stake in AMETEK, Inc. (NYSE:AME) by 6.6% in the second quarter, Holdings Channel.com reports. The firm owned 85,654 shares of the technology company’s stock after selling 6,027 shares during the quarter. AMETEK comprises 1.0% of Meritage Portfolio Management’s portfolio, making the stock its 20th largest holding. Meritage Portfolio Management’s holdings in AMETEK were worth $15,500,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. lifted its position in shares of AMETEK by 1.3% in the first quarter. Vanguard Group Inc. now owns 26,484,263 shares of the technology company’s stock worth $4,559,001,000 after purchasing an additional 336,491 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of AMETEK by 21.1% in the first 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 purchasing an additional 1,908,742 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of AMETEK by 2.8% in the first quarter. JPMorgan Chase & Co. now owns 5,747,368 shares of the technology company’s stock worth $989,352,000 after purchasing an additional 154,682 shares in the last quarter. Flossbach Von Storch SE lifted its position in shares of AMETEK by 1.2% in the first quarter. Flossbach Von Storch SE now owns 3,770,066 shares of the technology company’s stock worth $648,979,000 after purchasing an additional 45,714 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in AMETEK by 127.2% in the first quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company’s stock worth $598,943,000 after buying an additional 1,947,831 shares during the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on AME. Truist Financial increased their price objective on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a report on Wednesday. DA Davidson increased their price objective on AMETEK from $210.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, August 1st. KeyCorp increased their price objective on AMETEK from $195.00 to $205.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Melius Research upgraded AMETEK to a “hold” rating in a report on Monday, July 14th. Finally, Royal Bank Of Canada increased their price objective on AMETEK from $209.00 to $212.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, AMETEK currently has an average rating of “Moderate Buy” and a consensus target price of $207.42.

AMETEK Trading Down 2.2%

Shares of AME stock opened at $179.28 on Friday. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $198.33. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. The business’s 50 day moving average is $185.60 and its two-hundred day moving average is $177.92. The company has a market cap 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.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 EPS for the quarter, beating 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 return on equity of 16.53% and a net margin of 20.60%.The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.66 earnings per share. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. Equities analysts predict that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Announces Dividend

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