Guinness Asset Management LTD Buys 13,409 Shares of AMETEK, Inc. $AME

Guinness Asset Management LTD grew its stake in shares of AMETEK, Inc. (NYSE:AME) by 5.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 267,270 shares of the technology company’s stock after buying an additional 13,409 shares during the period. AMETEK accounts for approximately 0.9% of Guinness Asset Management LTD’s portfolio, making the stock its 25th largest holding. Guinness Asset Management LTD’s holdings in AMETEK were worth $46,000,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Bank Pictet & Cie Europe AG lifted its stake in AMETEK by 23.5% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 183,024 shares of the technology company’s stock worth $32,992,000 after purchasing an additional 34,866 shares in the last quarter. Focus Partners Wealth increased its holdings in shares of AMETEK by 11.3% in the fourth quarter. Focus Partners Wealth now owns 8,865 shares of the technology company’s stock worth $1,733,000 after purchasing an additional 902 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of AMETEK by 40.1% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,598 shares of the technology company’s stock worth $6,056,000 after buying an additional 9,622 shares in the last quarter. Numerai GP LLC bought a new stake in AMETEK during the fourth quarter valued at $221,000. Finally, NorthRock Partners LLC purchased a new position in AMETEK during the fourth quarter worth about $244,000. 87.43% of the stock is currently owned by institutional investors.

AMETEK Stock Up 2.5%

Shares of NYSE AME opened at $192.10 on Friday. The stock has a market capitalization of $44.37 billion, a P/E ratio of 30.93, a PEG ratio of 2.69 and a beta of 1.10. AMETEK, Inc. has a one year low of $145.02 and a one year high of $198.33. The firm’s 50 day simple moving average is $183.14 and its two-hundred day simple moving average is $177.19. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04.

AMETEK (NYSE:AME) last announced its quarterly earnings data on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, beating 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 analysts’ expectations of $1.74 billion. During the same quarter in the prior year, the company earned $1.66 EPS. The firm’s 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. As a group, analysts expect that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, September 15th. AMETEK’s dividend payout ratio (DPR) is 19.97%.

Wall Street Analysts Forecast Growth

AME has been the topic of several recent analyst reports. 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. Mizuho raised their target price 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. 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 note on Monday, July 14th. DA Davidson increased their price target on shares of AMETEK from $210.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Finally, Royal Bank Of Canada lifted their price objective on shares of AMETEK from $209.00 to $212.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Seven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $205.00.

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.