AMETEK, Inc. $AME Shares Bought by Laurel Wealth Advisors LLC

Laurel Wealth Advisors LLC increased its holdings in AMETEK, Inc. (NYSE:AME) by 17,996.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 72,384 shares of the technology company’s stock after acquiring an additional 71,984 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in AMETEK were worth $13,099,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of AME. Bares Capital Management Inc. acquired a new position in shares of AMETEK in the 1st quarter valued at approximately $26,000. ST Germain D J Co. Inc. increased its stake in shares of AMETEK by 628.6% in the second quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock worth $28,000 after buying an additional 132 shares during the last quarter. NewSquare Capital LLC increased its stake in shares of AMETEK by 129.7% in the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock worth $31,000 after buying an additional 96 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its stake in AMETEK by 57.7% during the 1st 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, SouthState Corp grew its holdings in AMETEK by 47.4% during the 2nd quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after acquiring an additional 65 shares in the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Insider Activity at AMETEK

In related news, insider Ronald J. Oscher sold 26,290 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at $8,047,211.30. This represents a 39.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO David A. Zapico sold 88,000 shares of AMETEK stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $196.39, for a total value of $17,282,320.00. Following the sale, the chief executive officer directly owned 348,955 shares in the company, valued at $68,531,272.45. The trade was a 20.14% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.57% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on AME. DA Davidson upped their target price on shares of AMETEK from $210.00 to $215.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. Truist Financial increased their target price on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Mizuho boosted their price target on AMETEK from $212.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, August 1st. Finally, KeyCorp raised their price objective on AMETEK from $205.00 to $220.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, AMETEK has an average rating of “Moderate Buy” and a consensus price target of $211.00.

AMETEK Price Performance

Shares of AME opened at $196.40 on Thursday. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $204.15. 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 stock has a fifty day moving average price of $189.67 and a 200 day moving average price of $184.49. The company has a market cap of $45.21 billion, a P/E ratio of 31.63, a PEG ratio of 2.64 and a beta of 1.12.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.13. The company had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.81 billion. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company 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. On average, research analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current 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 given a $0.31 dividend. The ex-dividend date is Friday, December 5th. This represents a $1.24 annualized dividend and a yield of 0.6%. AMETEK’s dividend payout ratio is 19.56%.

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.