AMETEK, Inc. $AME Shares Sold by Mutual Advisors LLC

Mutual Advisors LLC cut its position in shares of AMETEK, Inc. (NYSE:AME) by 2.1% during the 2nd quarter, Holdings Channel reports. The firm owned 3,974 shares of the technology company’s stock after selling 87 shares during the period. Mutual Advisors LLC’s holdings in AMETEK were worth $716,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of AME. DAVENPORT & Co LLC grew its holdings in shares of AMETEK by 0.8% in the 1st quarter. DAVENPORT & Co LLC now owns 7,125 shares of the technology company’s stock worth $1,226,000 after acquiring an additional 60 shares during the last quarter. Alps Advisors Inc. grew its holdings in shares of AMETEK by 1.0% in the 1st quarter. Alps Advisors Inc. now owns 6,260 shares of the technology company’s stock worth $1,078,000 after acquiring an additional 60 shares during the last quarter. EWA LLC grew its holdings in shares of AMETEK by 4.9% in the 1st quarter. EWA LLC now owns 1,382 shares of the technology company’s stock worth $238,000 after acquiring an additional 65 shares during the last quarter. Buckhead Capital Management LLC grew its holdings in shares of AMETEK by 0.3% in the 1st quarter. Buckhead Capital Management LLC now owns 22,830 shares of the technology company’s stock worth $3,930,000 after acquiring an additional 65 shares during the last quarter. Finally, Signaturefd LLC grew its holdings in shares of AMETEK by 1.5% in the 1st quarter. Signaturefd LLC now owns 4,625 shares of the technology company’s stock worth $796,000 after acquiring an additional 67 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Melius Research upgraded AMETEK to a “hold” rating in a report on Monday, July 14th. Melius cut AMETEK from a “buy” rating to a “hold” rating and set a $192.00 target price on the stock. in a report on Monday, July 14th. TD Cowen upgraded AMETEK from a “sell” rating to a “hold” rating and lifted their target price for the stock from $158.00 to $180.00 in a report on Tuesday, September 2nd. Royal Bank Of Canada lifted their target price on AMETEK from $209.00 to $212.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Finally, Robert W. Baird lifted their price target on AMETEK from $190.00 to $198.00 and gave the company a “neutral” rating in a report on Monday, August 4th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $207.42.

AMETEK Price Performance

AME opened at $185.66 on Friday. The stock has a market cap of $42.88 billion, a price-to-earnings ratio of 29.90, a PEG ratio of 2.66 and a beta of 1.11. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $198.33. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15. The stock has a fifty day moving average price of $185.69 and a 200 day moving average price of $178.34.

AMETEK (NYSE:AME) last released its quarterly earnings data on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, beating 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%.The business’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the firm earned $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. Analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors 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 dividend on an annualized basis and a yield of 0.7%. AMETEK’s dividend payout ratio (DPR) is presently 19.97%.

AMETEK 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.