Cerity Partners LLC Raises Holdings in AMETEK, Inc. $AME

Cerity Partners LLC lifted its position in shares of AMETEK, Inc. (NYSE:AME) by 16.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 109,945 shares of the technology company’s stock after acquiring an additional 15,283 shares during the quarter. Cerity Partners LLC’s holdings in AMETEK were worth $20,670,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in AME. Biltmore Wealth Management LLC increased its position in AMETEK by 1.1% during the 3rd quarter. Biltmore Wealth Management LLC now owns 4,771 shares of the technology company’s stock valued at $897,000 after purchasing an additional 54 shares during the period. Baker Tilly Wealth Management LLC increased its holdings in AMETEK by 3.9% during the third quarter. Baker Tilly Wealth Management LLC now owns 1,663 shares of the technology company’s stock valued at $313,000 after buying an additional 63 shares during the period. SouthState Corp raised its stake in AMETEK by 47.4% in the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after buying an additional 65 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in AMETEK by 3.0% during the second quarter. First Horizon Advisors Inc. now owns 2,335 shares of the technology company’s stock worth $423,000 after buying an additional 69 shares during the period. Finally, Inspire Investing LLC boosted its position in AMETEK by 5.4% during the 3rd quarter. Inspire Investing LLC now owns 1,645 shares of the technology company’s stock valued at $309,000 after acquiring an additional 84 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on AME. Truist Financial boosted their price target on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, October 8th. Barclays raised their price target on shares of AMETEK from $205.00 to $210.00 and gave the company an “equal weight” rating in a report on Wednesday. Cowen upgraded shares of AMETEK from a “sell” rating to a “buy” rating in a research note on Tuesday, December 23rd. Finally, Melius Research set a $235.00 target price on shares of AMETEK in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, AMETEK presently has an average rating of “Moderate Buy” and an average target price of $223.75.

AMETEK Trading Up 0.3%

NYSE AME opened at $210.59 on Friday. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $214.60. The company has a fifty day simple moving average of $200.86 and a two-hundred day simple moving average of $190.07. The company has a current ratio of 1.16, a quick ratio of 0.72 and a debt-to-equity ratio of 0.14. The stock has a market cap of $48.48 billion, a P/E ratio of 33.22, a P/E/G ratio of 2.76 and a beta of 1.04.

AMETEK (NYSE:AME) last released its 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 for the quarter, compared to the consensus estimate of $1.81 billion. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.The firm’s revenue was up 10.8% on a year-over-year basis. During the same period 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. On average, analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were issued a dividend of $0.31 per share. The ex-dividend date of this dividend 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%.

Insider Transactions at AMETEK

In related news, CEO David A. Zapico sold 28,390 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $201.76, for a total value of $5,727,966.40. The sale was disclosed in a filing with the SEC, which is available at 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 transaction of $5,259,314.50. Following the sale, the insider owned 40,226 shares of the company’s stock, valued at approximately $8,047,211.30. The trade was a 39.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 163,378 shares of company stock worth $32,471,654 in the last ninety days. Corporate insiders own 0.57% of the company’s stock.

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.