Harfst & Associates Inc. Raises Stock Position in AMETEK, Inc. $AME

Harfst & Associates Inc. raised its stake in shares of AMETEK, Inc. (NYSE:AME) by 66.5% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 9,528 shares of the technology company’s stock after buying an additional 3,806 shares during the period. Harfst & Associates Inc.’s holdings in AMETEK were worth $1,724,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. SouthState Corp increased its holdings in shares of AMETEK by 47.4% during the 2nd quarter. SouthState Corp now owns 202 shares of the technology company’s stock valued at $37,000 after purchasing an additional 65 shares in the last quarter. Signature Estate & Investment Advisors LLC lifted its position in shares of AMETEK by 3.9% in the first quarter. Signature Estate & Investment Advisors LLC now owns 1,784 shares of the technology company’s stock valued at $307,000 after acquiring an additional 67 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in AMETEK by 3.0% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,335 shares of the technology company’s stock worth $423,000 after purchasing an additional 69 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its position in AMETEK by 57.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company’s stock worth $33,000 after acquiring an additional 71 shares during the last quarter. Finally, Federated Hermes Inc. grew its position in shares of AMETEK by 8.3% in the first quarter. Federated Hermes Inc. now owns 1,017 shares of the technology company’s stock valued at $175,000 after purchasing an additional 78 shares in the last quarter. 87.43% of the stock is owned by institutional investors and hedge funds.

Insider Activity at AMETEK

In related news, CEO David A. Zapico sold 88,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $196.39, for a total value of $17,282,320.00. Following the completion of the transaction, the chief executive officer directly owned 348,955 shares of the company’s stock, valued at $68,531,272.45. This represents a 20.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Ronald J. Oscher sold 26,290 shares of the stock in a transaction on Friday, October 31st. The shares were sold at an average price of $200.05, for a total transaction of $5,259,314.50. Following the completion of the transaction, the insider directly owned 40,226 shares in the company, valued at $8,047,211.30. This trade represents a 39.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.57% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on AME. Robert W. Baird lifted their price target on AMETEK from $198.00 to $204.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. DA Davidson raised 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. Barclays upped their price objective on AMETEK from $200.00 to $205.00 and gave the company an “equal weight” rating in a report on Friday, October 31st. Mizuho upped their target price on shares of AMETEK from $212.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Finally, Morgan Stanley lifted their target price on shares of AMETEK from $185.00 to $198.00 and gave the company an “equal weight” rating in a report on Friday, August 8th. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, AMETEK has a consensus rating of “Moderate Buy” and an average price target of $211.00.

AMETEK Stock Performance

NYSE:AME opened at $196.40 on Thursday. 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 company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $204.15. The company has a fifty day simple moving average of $189.67 and a two-hundred day simple moving average of $184.49.

AMETEK (NYSE:AME) last issued its quarterly earnings results 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 return on equity of 16.53% and a net margin of 20.60%.The company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the prior year, the business earned $1.66 EPS. AMETEK’s revenue was up 10.8% on a year-over-year basis. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.320-7.370 EPS. As a group, equities analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 5th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, December 5th. AMETEK’s payout ratio is 19.56%.

AMETEK 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.