Epoch Investment Partners Inc. bought a new stake in AMETEK, Inc. (NYSE:AME – Free Report) during the second quarter, Holdings Channel reports. The institutional investor bought 7,998 shares of the technology company’s stock, valued at approximately $1,447,000.
Several other hedge funds also recently modified their holdings of AME. KBC Group NV raised its position in shares of AMETEK by 3.2% during the second quarter. KBC Group NV now owns 289,634 shares of the technology company’s stock valued at $52,412,000 after buying an additional 9,063 shares during the last quarter. FORA Capital LLC increased its holdings in AMETEK by 103.5% during the 1st quarter. FORA Capital LLC now owns 5,314 shares of the technology company’s stock valued at $915,000 after purchasing an additional 2,703 shares in the last quarter. Jump Financial LLC raised its holdings in shares of AMETEK by 462.4% in the first quarter. Jump Financial LLC now owns 70,256 shares of the technology company’s stock valued at $12,094,000 after buying an additional 57,763 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in AMETEK by 5.8% during the 1st quarter. BNP Paribas Financial Markets now owns 559,782 shares of the technology company’s stock worth $96,361,000 after buying an additional 30,717 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of AMETEK by 77.6% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 13,660 shares of the technology company’s stock valued at $2,351,000 after acquiring an additional 5,967 shares during the period. Institutional investors and hedge funds own 87.43% of the company’s stock.
Analysts Set New Price Targets
AME has been the subject of a number of recent analyst reports. Royal Bank Of Canada upped their price target on AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. KeyCorp lifted their price target on shares of AMETEK from $205.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Robert W. Baird increased their price target on shares of AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Finally, TD Cowen raised AMETEK from a “sell” rating to a “hold” rating and raised their price objective for the company from $158.00 to $180.00 in a research report on Tuesday, September 2nd. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $211.00.
AMETEK Stock Performance
Shares of AMETEK stock opened at $199.70 on Friday. The firm has a market capitalization of $45.97 billion, a P/E ratio of 31.50, a P/E/G ratio of 2.84 and a beta of 1.04. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $204.15. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.16 and a quick ratio of 0.72. The company’s 50 day moving average price is $191.20 and its two-hundred day moving average price is $185.33.
AMETEK (NYSE:AME – Get Free Report) last announced its quarterly 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 during the quarter, compared to analysts’ expectations of $1.81 billion. AMETEK had a net margin of 20.50% and a return on equity of 16.66%. The company’s revenue was up 10.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.66 EPS. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. On average, equities analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.
AMETEK Announces Dividend
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 is Friday, December 5th. AMETEK’s dividend payout ratio (DPR) is presently 19.56%.
Insider Activity at AMETEK
In other AMETEK news, insider Ronald J. Oscher sold 26,290 shares of the firm’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $200.05, for a total value of $5,259,314.50. Following the transaction, the insider directly owned 40,226 shares of the company’s stock, valued at approximately $8,047,211.30. This trade represents a 39.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO David A. Zapico sold 88,000 shares of AMETEK stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $196.39, for a total value of $17,282,320.00. Following the transaction, the chief executive officer directly owned 348,955 shares in the company, valued at approximately $68,531,272.45. The trade was a 20.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.57% of the company’s stock.
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.
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