US Bancorp DE Reduces Stake in AMETEK, Inc. $AME

US Bancorp DE decreased its holdings in shares of AMETEK, Inc. (NYSE:AME) by 6.6% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,695 shares of the technology company’s stock after selling 2,230 shares during the quarter. US Bancorp DE’s holdings in AMETEK were worth $5,736,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Bares Capital Management Inc. acquired a new position in AMETEK in the first quarter valued at $26,000. ST Germain D J Co. Inc. boosted its holdings in AMETEK by 628.6% in the second quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock valued at $28,000 after acquiring an additional 132 shares during the last quarter. Olde Wealth Management LLC acquired a new position in AMETEK in the first quarter valued at $29,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in AMETEK by 57.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company’s stock valued at $33,000 after acquiring an additional 71 shares during the last quarter. Finally, Zions Bancorporation National Association UT acquired a new position in AMETEK in the first quarter valued at $42,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

AMETEK Trading Down 2.2%

NYSE:AME opened at $179.28 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.63. AMETEK, Inc. has a one year low of $145.02 and a one year high of $198.33. The business’s 50-day simple moving average is $185.60 and its 200 day simple moving average is $177.93. The stock has a market cap of $41.40 billion, a price-to-earnings ratio of 28.87, a price-to-earnings-growth ratio of 2.57 and a beta of 1.11.

AMETEK (NYSE:AME) last released 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. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The business had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.74 billion. During the same quarter in the previous year, the firm posted $1.66 earnings per share. The company’s revenue was up 2.5% compared to the same quarter last year. 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 earnings per share for the current fiscal year.

AMETEK Announces Dividend

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

Wall Street Analysts Forecast Growth

AME has been the topic of a number of research analyst reports. TD Cowen upgraded AMETEK from a “sell” rating to a “hold” rating and lifted their target price for the company from $158.00 to $180.00 in a report on Tuesday, September 2nd. Mizuho boosted their price objective on AMETEK from $212.00 to $225.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Barclays initiated coverage on AMETEK in a research note on Wednesday, September 10th. They set an “equal weight” rating and a $200.00 price objective on the stock. Royal Bank Of Canada boosted their price objective on AMETEK from $209.00 to $212.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Finally, Melius Research upgraded AMETEK to a “hold” rating in a research note on Monday, July 14th. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $207.42.

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.