Quadrant Capital Group LLC grew its stake in AMETEK, Inc. (NYSE:AME – Free Report) by 106.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,498 shares of the technology company’s stock after buying an additional 12,609 shares during the period. Quadrant Capital Group LLC’s holdings in AMETEK were worth $4,433,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Banco Santander S.A. lifted its holdings in AMETEK by 20.8% in the first quarter. Banco Santander S.A. now owns 45,365 shares of the technology company’s stock valued at $7,809,000 after buying an additional 7,799 shares during the period. M.D. Sass LLC lifted its position in shares of AMETEK by 2.1% during the first 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. Raiffeisen Bank International AG boosted its holdings in AMETEK by 16.5% during the first quarter. Raiffeisen Bank International AG now owns 44,647 shares of the technology company’s stock worth $7,607,000 after purchasing an additional 6,318 shares during the last quarter. KBC Group NV grew its position in AMETEK by 3.2% in the 2nd quarter. KBC Group NV now owns 289,634 shares of the technology company’s stock worth $52,412,000 after purchasing an additional 9,063 shares in the last quarter. Finally, FORA Capital LLC increased its stake in AMETEK by 103.5% in the 1st quarter. FORA Capital LLC now owns 5,314 shares of the technology company’s stock valued at $915,000 after buying an additional 2,703 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other AMETEK news, insider Ronald J. Oscher sold 26,290 shares of the firm’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $200.05, for a total transaction of $5,259,314.50. Following the sale, the insider 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO David A. Zapico sold 88,000 shares of the business’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 sale, the chief executive officer owned 348,955 shares of the company’s stock, valued at $68,531,272.45. The trade was a 20.14% decrease in their position. The SEC filing for this sale provides additional information. 0.57% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on AMETEK
AMETEK Stock Down 0.4%
AME stock opened at $196.40 on Thursday. The stock has a 50-day simple moving average of $189.67 and a two-hundred day simple moving average of $184.49. The firm has a market capitalization of $45.21 billion, a PE ratio of 31.63, a PEG ratio of 2.64 and a beta of 1.12. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $204.15. 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 – Get Free Report) last posted its earnings results on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.76 by $0.13. The business had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.81 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.During the same period in the previous year, the business earned $1.66 earnings per share. The firm’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. On average, equities analysts predict that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.
AMETEK Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Friday, December 5th will be given a $0.31 dividend. The ex-dividend date is Friday, December 5th. This represents a $1.24 annualized dividend and a yield of 0.6%. AMETEK’s payout ratio is 19.56%.
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.
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