AMETEK (NYSE:AME) CEO David Zapico Sells 28,390 Shares

AMETEK, Inc. (NYSE:AME) CEO David Zapico sold 28,390 shares of the business’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $201.76, for a total transaction of $5,727,966.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

AMETEK Price Performance

NYSE:AME opened at $201.62 on Friday. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $204.43. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.72 and a current ratio of 1.16. The firm’s 50-day simple moving average is $192.57 and its 200 day simple moving average is $186.06. The firm has a market cap of $46.41 billion, a price-to-earnings ratio of 31.80, a P/E/G ratio of 2.90 and a beta of 1.04.

AMETEK (NYSE:AME) last announced its earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.13. AMETEK had a net margin of 20.50% and a return on equity of 16.66%. The firm had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the prior year, the business posted $1.66 EPS. The business’s revenue was up 10.8% compared to the same quarter last year. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. As a group, sell-side analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 5th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Friday, December 5th. AMETEK’s dividend payout ratio (DPR) is 19.56%.

Institutional Investors Weigh In On AMETEK

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. KBC Group NV increased its position in AMETEK by 3.2% in the 2nd quarter. KBC Group NV now owns 289,634 shares of the technology company’s stock valued at $52,412,000 after buying an additional 9,063 shares in the last quarter. FORA Capital LLC grew its stake in AMETEK by 103.5% in the first quarter. FORA Capital LLC now owns 5,314 shares of the technology company’s stock valued at $915,000 after acquiring an additional 2,703 shares during the period. Jump Financial LLC increased its holdings in shares of AMETEK by 462.4% during the first quarter. Jump Financial LLC now owns 70,256 shares of the technology company’s stock valued at $12,094,000 after acquiring an additional 57,763 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of AMETEK by 5.8% during the first quarter. BNP Paribas Financial Markets now owns 559,782 shares of the technology company’s stock worth $96,361,000 after purchasing an additional 30,717 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of AMETEK by 77.6% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 13,660 shares of the technology company’s stock worth $2,351,000 after purchasing an additional 5,967 shares in the last quarter. 87.43% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Royal Bank Of Canada upped their target price on AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. TD Cowen raised shares of AMETEK from a “sell” rating to a “hold” rating and upped their price objective for the stock from $158.00 to $180.00 in a research report on Tuesday, September 2nd. DA Davidson raised their target price on shares of AMETEK from $235.00 to $240.00 and gave the company a “buy” rating in a report on Monday. Truist Financial upped their price target on shares of AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Finally, Barclays increased their price target on shares of AMETEK from $200.00 to $205.00 and gave the stock an “equal weight” rating in a research report on Friday, October 31st. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $213.08.

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.