AMETEK, Inc. $AME Shares Purchased by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. increased its position in shares of AMETEK, Inc. (NYSE:AME) by 11.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,314 shares of the technology company’s stock after purchasing an additional 349 shares during the period. Cullen Frost Bankers Inc.’s holdings in AMETEK were worth $600,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AME. GAMMA Investing LLC increased its position in shares of AMETEK by 7.3% during the first quarter. GAMMA Investing LLC now owns 5,654 shares of the technology company’s stock valued at $973,000 after acquiring an additional 384 shares during the last quarter. Golden State Wealth Management LLC increased its position in shares of AMETEK by 201.0% during the first quarter. Golden State Wealth Management LLC now owns 295 shares of the technology company’s stock valued at $51,000 after acquiring an additional 197 shares during the last quarter. HBK Sorce Advisory LLC increased its position in shares of AMETEK by 15.4% during the first quarter. HBK Sorce Advisory LLC now owns 3,942 shares of the technology company’s stock valued at $679,000 after acquiring an additional 525 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of AMETEK by 12.5% during the first quarter. Robeco Institutional Asset Management B.V. now owns 38,618 shares of the technology company’s stock valued at $6,648,000 after acquiring an additional 4,281 shares during the last quarter. Finally, PDS Planning Inc increased its position in shares of AMETEK by 15.7% during the first quarter. PDS Planning Inc now owns 1,537 shares of the technology company’s stock valued at $265,000 after acquiring an additional 209 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

AMETEK Trading Down 1.2%

NYSE AME opened at $186.96 on Friday. The firm has a 50 day simple moving average of $186.02 and a 200-day simple moving average of $179.31. 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 firm has a market cap of $43.18 billion, a price-to-earnings ratio of 30.11, a PEG ratio of 2.72 and a beta of 1.11.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.09. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The company had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.74 billion. During the same quarter in the previous year, the firm earned $1.66 earnings per share. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. Equities research analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages have weighed in on AME. Melius cut shares of AMETEK from a “buy” rating to a “hold” rating and set a $192.00 price target for the company. in a research report on Monday, July 14th. Robert W. Baird lifted their price target on shares of AMETEK from $190.00 to $198.00 and gave the company a “neutral” rating in a research report on Monday, August 4th. KeyCorp lifted their price target on shares of AMETEK from $195.00 to $205.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. DA Davidson raised their price objective 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. Finally, Mizuho raised their price objective on shares of AMETEK from $212.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Eight 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 currently has an average rating of “Moderate Buy” and a consensus price target of $207.42.

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.