AMETEK (NYSE:AME) VP Sells $1,309,859.40 in Stock

AMETEK, Inc. (NYSE:AME) VP Thomas Montgomery sold 6,388 shares of the firm’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $205.05, for a total value of $1,309,859.40. Following the completion of the transaction, the vice president owned 22,116 shares of the company’s stock, valued at approximately $4,534,885.80. This represents a 22.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

AMETEK Stock Down 0.1%

AME stock opened at $208.28 on Friday. 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 simple moving average is $196.42 and its 200-day simple moving average is $187.70. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $210.14. The firm has a market capitalization of $47.95 billion, a PE ratio of 32.85, a P/E/G ratio of 2.96 and a beta of 1.04.

AMETEK (NYSE:AME) last announced its earnings results on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates 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 16.66% and a net margin of 20.50%.AMETEK’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. Equities analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Announces Dividend

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

Institutional Investors Weigh In On AMETEK

Several large investors have recently made changes to their positions in AME. Darwin Wealth Management LLC acquired a new position in shares of AMETEK during the second quarter worth approximately $25,000. Bares Capital Management Inc. acquired a new position in AMETEK during the 1st quarter worth $26,000. ST Germain D J Co. Inc. grew its stake in shares of AMETEK by 628.6% in the second quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock worth $28,000 after purchasing an additional 132 shares in the last quarter. NewSquare Capital LLC increased its holdings in shares of AMETEK by 129.7% during the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock valued at $31,000 after purchasing an additional 96 shares during the period. Finally, TruNorth Capital Management LLC acquired a new position in shares of AMETEK during the third quarter valued at $31,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on AME shares. Cowen raised AMETEK from a “sell” rating to a “buy” rating in a research report on Tuesday. Truist Financial boosted their price objective on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. TD Cowen upgraded shares of AMETEK from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $180.00 to $230.00 in a report on Tuesday. Royal Bank Of Canada raised their target price on AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. Finally, Wall Street Zen upgraded AMETEK from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $216.55.

AMETEK Company Profile

AMETEK, Inc is a global manufacturer of electronic instruments and electromechanical devices that serves a broad range of industries. Headquartered in Berwyn, Pennsylvania, the company designs and produces precision instruments, electronic measurement devices, specialty sensors, and electric motors and motion control systems. Its product portfolio includes analytical and monitoring instruments, calibration equipment, power supplies, embedded electronics, and industrial motors and drives used for critical applications.

The company operates through two primary business platforms — an electronic instruments group focused on analytical, test and measurement and sensor products, and an electromechanical group that supplies motors, actuators, and related power and motion solutions.