Stanley Laman Group Ltd. Makes New Investment in AMETEK, Inc. $AME

Stanley Laman Group Ltd. bought a new stake in shares of AMETEK, Inc. (NYSE:AME) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 2,687 shares of the technology company’s stock, valued at approximately $505,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of AMETEK by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 26,997,665 shares of the technology company’s stock worth $4,885,497,000 after buying an additional 513,402 shares during the period. State Street Corp boosted its stake in AMETEK by 1.3% during the 2nd quarter. State Street Corp now owns 9,637,303 shares of the technology company’s stock worth $1,743,966,000 after acquiring an additional 126,105 shares during the last quarter. Geode Capital Management LLC grew its holdings in AMETEK by 1.8% during the second quarter. Geode Capital Management LLC now owns 5,794,236 shares of the technology company’s stock valued at $1,044,009,000 after purchasing an additional 104,139 shares during the period. Invesco Ltd. increased its stake in AMETEK by 22.3% in the second quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock valued at $769,890,000 after purchasing an additional 775,078 shares in the last quarter. Finally, Flossbach Von Storch SE raised its holdings in AMETEK by 0.4% in the second quarter. Flossbach Von Storch SE now owns 3,785,676 shares of the technology company’s stock worth $685,056,000 after purchasing an additional 15,610 shares during the period. Institutional investors own 87.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on AME. Robert W. Baird boosted their price target on shares of AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. DA Davidson boosted their target price on AMETEK from $235.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, December 8th. Cowen raised AMETEK from a “sell” rating to a “buy” rating in a research note on Tuesday, December 23rd. Truist Financial lifted their price target on AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Finally, Barclays lifted their price objective on shares of AMETEK from $200.00 to $205.00 and gave the company an “equal weight” rating in a report on Friday, October 31st. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $216.55.

AMETEK Trading Up 1.8%

AMETEK stock opened at $209.08 on Monday. The stock has a 50-day simple moving average of $198.84 and a 200 day simple moving average of $189.05. The stock has a market capitalization of $48.13 billion, a P/E ratio of 32.98, a PEG ratio of 2.75 and a beta of 1.04. 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, Inc. has a 52 week low of $145.02 and a 52 week high of $210.14.

AMETEK (NYSE:AME) last released its quarterly earnings data on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.13. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.The company had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same period last year, the firm posted $1.66 earnings per share. 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. Analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 5th were given 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 of this dividend was Friday, December 5th. AMETEK’s payout ratio is 19.56%.

Insider Activity at AMETEK

In related news, insider Thomas C. Marecic sold 14,310 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $202.11, for a total value of $2,892,194.10. Following the transaction, the insider owned 42,589 shares in the company, valued at approximately $8,607,662.79. This represents a 25.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David A. Zapico sold 88,000 shares of the stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $196.39, for a total transaction of $17,282,320.00. Following the completion of the transaction, the chief executive officer directly owned 348,955 shares in the company, valued at approximately $68,531,272.45. This represents a 20.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 163,378 shares of company stock valued at $32,471,654 in the last ninety days. Company insiders own 0.57% of the company’s stock.

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.