AMETEK (NYSE:AME) CEO Sells $17,282,320.00 in Stock

AMETEK, Inc. (NYSE:AMEGet Free Report) CEO David 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 transaction, the chief executive officer directly owned 348,955 shares of the company’s stock, valued at approximately $68,531,272.45. The trade was a 20.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

AMETEK Price Performance

Shares of AMETEK stock traded down $0.82 during mid-day trading on Wednesday, reaching $196.40. 1,677,940 shares of the stock were exchanged, compared to its average volume of 1,353,251. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $204.15. The company has a market cap of $45.21 billion, a price-to-earnings ratio of 31.63, a price-to-earnings-growth ratio of 2.64 and a beta of 1.12. The firm has a 50-day simple moving average of $189.47 and a 200 day simple moving average of $184.41. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15.

AMETEK (NYSE:AMEGet Free Report) last issued its quarterly earnings data on Thursday, October 30th. The technology company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.13. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The firm had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the prior year, the firm earned $1.66 earnings per share. The company’s quarterly 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. FY 2025 guidance at 7.320-7.370 EPS. On average, sell-side analysts predict that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

The firm 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 $0.31 dividend. The ex-dividend date of this dividend is Friday, December 5th. This represents a $1.24 dividend on an annualized basis and a yield of 0.6%. AMETEK’s payout ratio is currently 19.56%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new stake in AMETEK during the 2nd quarter worth $25,000. Bares Capital Management Inc. acquired a new position in AMETEK in the 1st quarter worth $26,000. ST Germain D J Co. Inc. lifted its holdings 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 valued at $28,000 after purchasing an additional 132 shares in the last quarter. NewSquare Capital LLC boosted its position in shares of AMETEK by 129.7% during 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 period. Finally, TruNorth Capital Management LLC bought a new position in shares of AMETEK during the third quarter worth about $31,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

Analyst Ratings Changes

AME has been the subject of a number of research analyst reports. Morgan Stanley lifted their price target on AMETEK from $185.00 to $198.00 and gave the company an “equal weight” rating in a report on Friday, August 8th. Robert W. Baird raised their price objective on shares of AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Royal Bank Of Canada upped their target price on shares of AMETEK from $212.00 to $229.00 and gave the stock 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 increased their price target for the company from $158.00 to $180.00 in a research note on Tuesday, September 2nd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, October 8th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, AMETEK has an average rating of “Moderate Buy” and a consensus target price of $211.00.

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About AMETEK

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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.

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