Bleakley Financial Group LLC Buys 662 Shares of AMETEK, Inc. $AME

Bleakley Financial Group LLC boosted its stake in AMETEK, Inc. (NYSE:AME) by 5.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,599 shares of the technology company’s stock after purchasing an additional 662 shares during the quarter. Bleakley Financial Group LLC’s holdings in AMETEK were worth $2,461,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in AME. Invesco Ltd. boosted its stake in AMETEK by 127.2% in the 1st quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company’s stock worth $598,943,000 after purchasing an additional 1,947,831 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in AMETEK by 21.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company’s stock worth $1,888,385,000 after purchasing an additional 1,908,742 shares during the period. Nuveen LLC bought a new position in AMETEK in the 1st quarter worth about $94,051,000. Goldman Sachs Group Inc. boosted its stake in AMETEK by 28.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,178,233 shares of the technology company’s stock worth $374,961,000 after purchasing an additional 484,803 shares during the period. Finally, Jacobs Levy Equity Management Inc. bought a new position in AMETEK in the 1st quarter worth about $72,872,000. Institutional investors own 87.43% of the company’s stock.

AMETEK Stock Performance

Shares of NYSE AME opened at $186.96 on Friday. The stock has a market cap of $43.18 billion, a price-to-earnings ratio of 30.11, a P/E/G ratio of 2.72 and a beta of 1.11. 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, Inc. has a 1-year low of $145.02 and a 1-year high of $198.33. The stock’s 50-day moving average is $186.02 and its 200 day moving average is $179.31.

AMETEK (NYSE:AME) last announced its quarterly earnings data on Thursday, July 31st. The technology company reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.09. The company had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.74 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.AMETEK’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the firm posted $1.66 EPS. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. On average, sell-side analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

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

Analysts Set New Price Targets

Several analysts have weighed in on the company. Melius Research raised AMETEK to a “hold” rating in a report on Monday, July 14th. Morgan Stanley raised 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. KeyCorp raised their price target on AMETEK from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Friday, August 1st. DA Davidson raised their price target on AMETEK from $210.00 to $215.00 and gave the company a “buy” rating in a report on Friday, August 1st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a report on Friday. Eight equities 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, the company currently has an average rating of “Moderate Buy” and an average 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.