Carnegie Investment Counsel Has $4.61 Million Stock Holdings in AMETEK, Inc. $AME

Carnegie Investment Counsel raised its holdings in AMETEK, Inc. (NYSE:AME) by 12.6% during the third quarter, Holdings Channel.com reports. The fund owned 24,541 shares of the technology company’s stock after purchasing an additional 2,747 shares during the period. Carnegie Investment Counsel’s holdings in AMETEK were worth $4,614,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in AME. Northwestern Mutual Wealth Management Co. raised its holdings in AMETEK by 77.6% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 13,660 shares of the technology company’s stock worth $2,351,000 after purchasing an additional 5,967 shares during the period. Walleye Capital LLC lifted its position in AMETEK by 64.4% in the 1st quarter. Walleye Capital LLC now owns 3,695 shares of the technology company’s stock valued at $636,000 after acquiring an additional 1,447 shares in the last quarter. Ieq Capital LLC boosted its position in shares of AMETEK by 70.0% during the first quarter. Ieq Capital LLC now owns 20,114 shares of the technology company’s stock worth $3,462,000 after buying an additional 8,280 shares during the period. CreativeOne Wealth LLC grew its stake in shares of AMETEK by 24.7% during the 1st quarter. CreativeOne Wealth LLC now owns 2,742 shares of the technology company’s stock worth $472,000 after acquiring an additional 544 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of AMETEK by 5.8% in the first quarter. BNP Paribas Financial Markets now owns 559,782 shares of the technology company’s stock valued at $96,361,000 after purchasing an additional 30,717 shares during the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Insider Transactions at AMETEK

In other AMETEK news, VP Thomas M. Montgomery sold 6,388 shares of AMETEK stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the completion of the transaction, the vice president owned 22,116 shares in the company, valued at approximately $4,534,885.80. The trade was a 22.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ronald J. Oscher sold 26,290 shares of AMETEK stock in a transaction that occurred 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 in the company, valued at approximately $8,047,211.30. The trade was a 39.52% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 163,378 shares of company stock worth $32,471,654. Insiders own 0.57% of the company’s stock.

Wall Street Analyst Weigh In

AME has been the subject of several recent research reports. Barclays increased their price target on AMETEK from $200.00 to $205.00 and gave the company an “equal weight” rating in a research report on Friday, October 31st. Truist Financial increased their price objective on shares of AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. Wall Street Zen raised AMETEK from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. TD Cowen raised shares of AMETEK from a “hold” rating to a “buy” rating and raised their target price for the stock from $180.00 to $230.00 in a report on Tuesday, December 23rd. Finally, DA Davidson raised their price target on AMETEK from $235.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, AMETEK presently has an average rating of “Moderate Buy” and an average target price of $216.55.

AMETEK Stock Down 0.0%

Shares of NYSE:AME opened at $208.20 on Friday. The firm has a market cap of $47.93 billion, a P/E ratio of 32.84, a P/E/G ratio of 2.96 and a beta of 1.04. The company has a quick ratio of 0.72, a current ratio of 1.16 and a debt-to-equity ratio of 0.14. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $210.14. The business has a fifty day simple moving average of $196.87 and a 200 day simple moving average of $187.96.

AMETEK (NYSE:AME) last posted its quarterly earnings data on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.13. AMETEK had a net margin of 20.50% and a return on equity of 16.66%. The company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period in the prior year, the firm posted $1.66 EPS. The company’s quarterly revenue was up 10.8% on a year-over-year basis. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. Analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 5th were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Friday, December 5th. AMETEK’s dividend payout ratio (DPR) is 19.56%.

AMETEK 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.