Asset Management One Co. Ltd. Sells 602 Shares of AMETEK, Inc. $AME

Asset Management One Co. Ltd. lessened its stake in AMETEK, Inc. (NYSE:AME) by 0.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 99,862 shares of the technology company’s stock after selling 602 shares during the period. Asset Management One Co. Ltd.’s holdings in AMETEK were worth $18,071,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Banco Santander S.A. boosted its position in shares of AMETEK by 20.8% during the 1st quarter. Banco Santander S.A. now owns 45,365 shares of the technology company’s stock valued at $7,809,000 after purchasing an additional 7,799 shares in the last quarter. M.D. Sass LLC boosted its position in shares of AMETEK by 2.1% during the 1st quarter. M.D. Sass LLC now owns 366,994 shares of the technology company’s stock valued at $63,174,000 after purchasing an additional 7,666 shares in the last quarter. DAVENPORT & Co LLC boosted its position in shares of AMETEK by 0.8% during the 1st quarter. DAVENPORT & Co LLC now owns 7,125 shares of the technology company’s stock valued at $1,226,000 after purchasing an additional 60 shares in the last quarter. Raiffeisen Bank International AG boosted its position in shares of AMETEK by 16.5% during the 1st quarter. Raiffeisen Bank International AG now owns 44,647 shares of the technology company’s stock valued at $7,607,000 after purchasing an additional 6,318 shares in the last quarter. Finally, FORA Capital LLC boosted its position in shares of AMETEK by 103.5% during the 1st quarter. FORA Capital LLC now owns 5,314 shares of the technology company’s stock valued at $915,000 after purchasing an additional 2,703 shares in the last quarter. Institutional investors own 87.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on AME. KeyCorp upped their target price on AMETEK from $195.00 to $205.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Barclays assumed coverage on AMETEK in a research report on Wednesday, September 10th. They set an “equal weight” rating and a $200.00 target price on the stock. Melius Research upgraded AMETEK to a “hold” rating in a report on Monday, July 14th. Morgan Stanley increased their price target on AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a report on Friday, August 8th. Finally, Melius lowered AMETEK from a “buy” rating to a “hold” rating and set a $192.00 price target on the stock. in a report on Monday, July 14th. Eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, AMETEK currently has a consensus rating of “Moderate Buy” and a consensus price target of $207.42.

AMETEK Stock Performance

Shares of AMETEK stock opened at $186.96 on Friday. The company has a market cap of $43.18 billion, a PE ratio of 30.11, a price-to-earnings-growth ratio of 2.69 and a beta of 1.11. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $198.33. The business has a 50 day moving average price of $186.02 and a 200-day moving average price of $179.50. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15.

AMETEK (NYSE:AME) last issued its quarterly earnings data on Thursday, July 31st. The technology company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.69 by $0.09. The firm had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.74 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The company’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the business posted $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. Equities analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Announces Dividend

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

AMETEK Company 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.