Vanguard Group Inc. Purchases 513,402 Shares of AMETEK, Inc. $AME

Vanguard Group Inc. lifted its position in AMETEK, Inc. (NYSE:AMEFree Report) by 1.9% in the second quarter, Holdings Channel.com reports. The firm owned 26,997,665 shares of the technology company’s stock after purchasing an additional 513,402 shares during the quarter. Vanguard Group Inc. owned approximately 0.12% of AMETEK worth $4,885,497,000 at the end of the most recent reporting period.

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

Insider Activity at AMETEK

In other news, insider Ronald J. Oscher sold 26,290 shares of AMETEK stock in a transaction dated 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 sale, the insider owned 40,226 shares of the company’s stock, valued at approximately $8,047,211.30. The trade was a 39.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.57% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Barclays upped their price target on shares of AMETEK from $200.00 to $205.00 and gave the company an “equal weight” rating in a research report on Friday, October 31st. Mizuho increased their target price on AMETEK from $212.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, August 1st. Royal Bank Of Canada raised their price target on AMETEK from $212.00 to $229.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. TD Cowen upgraded AMETEK from a “sell” rating to a “hold” rating and boosted their price objective for the company from $158.00 to $180.00 in a research report on Tuesday, September 2nd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $211.00.

Get Our Latest Research Report on AMETEK

AMETEK Trading Up 0.9%

AME opened at $191.64 on Thursday. AMETEK, Inc. has a one year low of $145.02 and a one year high of $204.15. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. The business has a 50 day simple moving average of $189.10 and a two-hundred day simple moving average of $183.64. The firm has a market capitalization of $44.12 billion, a price-to-earnings ratio of 30.86, a PEG ratio of 2.64 and a beta of 1.12.

AMETEK (NYSE:AMEGet Free Report) last posted its earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.13. The firm had revenue of $1.89 billion for 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%.The business’s revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.66 earnings per share. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.320-7.370 EPS. Analysts predict that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 5th will be issued 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 dividend payout ratio is 19.56%.

AMETEK Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding AME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMETEK, Inc. (NYSE:AMEFree Report).

Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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