Pacer Advisors Inc. Has $18.06 Million Stake in AMETEK, Inc. $AME

Pacer Advisors Inc. reduced its holdings in AMETEK, Inc. (NYSE:AME) by 3.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 96,061 shares of the technology company’s stock after selling 3,240 shares during the period. Pacer Advisors Inc.’s holdings in AMETEK were worth $18,059,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new position in shares of AMETEK in the 2nd quarter valued at about $25,000. Bares Capital Management Inc. acquired a new position in AMETEK during the first quarter valued at approximately $26,000. ST Germain D J Co. Inc. grew its stake in AMETEK by 628.6% in the second quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock valued at $28,000 after purchasing an additional 132 shares in the last quarter. NewSquare Capital LLC increased its position in shares of AMETEK by 129.7% during the 2nd quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock worth $31,000 after purchasing an additional 96 shares during the last quarter. Finally, SouthState Corp raised its stake in shares of AMETEK by 47.4% during the 2nd quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after purchasing an additional 65 shares in the last quarter. 87.43% of the stock is owned by institutional investors.

Insider Transactions at AMETEK

In other news, VP Thomas M. Montgomery sold 6,388 shares of the business’s stock in a transaction dated 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 sale, the vice president owned 22,116 shares of the company’s stock, valued at approximately $4,534,885.80. The trade was a 22.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO David A. Zapico sold 28,390 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $201.76, for a total transaction of $5,727,966.40. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 163,378 shares of company stock valued at $32,471,654. Company insiders own 0.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on AME. Royal Bank Of Canada boosted their target price on shares of AMETEK from $212.00 to $229.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. Wall Street Zen upgraded shares of AMETEK from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. DA Davidson lifted their price target on AMETEK from $235.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, December 8th. Finally, Robert W. Baird boosted their price target on AMETEK from $198.00 to $204.00 and gave the stock a “neutral” rating in a research report on Monday, November 3rd. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, AMETEK currently has an average rating of “Moderate Buy” and an average target price of $216.55.

AMETEK Stock Performance

Shares of AME stock opened at $208.20 on Friday. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $210.14. The company has a market capitalization of $47.93 billion, a price-to-earnings ratio of 32.84, a PEG ratio of 2.96 and a beta of 1.04. The company has a 50-day simple moving average of $196.87 and a 200 day simple moving average of $187.96. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.72 and a current ratio of 1.16.

AMETEK (NYSE:AME) last released its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.13. AMETEK had a net margin of 20.50% and a return on equity of 16.66%. The firm had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the prior year, the firm earned $1.66 EPS. The business’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 and its FY 2025 guidance at 7.320-7.370 EPS. On average, sell-side analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were paid a $0.31 dividend. The ex-dividend date was 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 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.