Argent Capital Management LLC Sells 106 Shares of AMETEK, Inc. $AME

Argent Capital Management LLC reduced its position in shares of AMETEK, Inc. (NYSE:AME) by 0.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 22,542 shares of the technology company’s stock after selling 106 shares during the quarter. Argent Capital Management LLC’s holdings in AMETEK were worth $4,079,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Bares Capital Management Inc. bought a new stake in shares of AMETEK during the 1st quarter valued at about $26,000. Olde Wealth Management LLC bought a new position in shares of AMETEK during the 1st quarter valued at approximately $29,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of AMETEK by 57.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company’s stock valued at $33,000 after acquiring an additional 71 shares during the period. Zions Bancorporation National Association UT bought a new position in shares of AMETEK during the 1st quarter valued at approximately $42,000. Finally, Costello Asset Management INC bought a new position in shares of AMETEK during the 1st quarter valued at approximately $43,000. 87.43% of the stock is currently owned by institutional investors.

AMETEK Stock Performance

NYSE:AME opened at $188.48 on Tuesday. The stock’s fifty day moving average is $184.09 and its 200 day moving average is $177.18. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $198.33. The firm has a market capitalization of $43.53 billion, a PE ratio of 30.35, a PEG ratio of 2.70 and a beta of 1.10. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.63.

AMETEK (NYSE:AME) last released its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.09. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The company had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same quarter in the prior year, the firm posted $1.66 EPS. AMETEK’s quarterly revenue was up 2.5% compared to the same quarter last year. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. On average, sell-side analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, September 15th. AMETEK’s dividend payout ratio (DPR) is currently 19.97%.

Analyst Ratings Changes

A number of brokerages recently issued reports on AME. Melius Research upgraded AMETEK to a “hold” rating in a research note on Monday, July 14th. Mizuho boosted their price objective on AMETEK from $212.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Robert W. Baird boosted their price objective on AMETEK from $190.00 to $198.00 and gave the company a “neutral” rating in a research note on Monday, August 4th. Royal Bank Of Canada upped their price target on AMETEK from $209.00 to $212.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Finally, TD Cowen upgraded AMETEK from a “sell” rating to a “hold” rating and upped their price target for the stock from $158.00 to $180.00 in a research note on Tuesday, September 2nd. Seven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, AMETEK has an average rating of “Moderate Buy” and a consensus target price of $205.00.

About AMETEK

AMETEK, Inc manufactures and sells electronic instruments and electromechanical devices in the North America, Europe, Asia, and South America, and internationally. The company's EIG segment offers advanced instruments for the process, aerospace, power, and industrial markets; process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries; instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets; power quality monitoring and c devices, uninterruptible power supplies, programmable power and electromagnetic compatibility test equipment, and sensors for gas turbines and dashboard instruments; heavy trucks, instrumentation, and controls for the food and beverage industries; and aircraft and engine sensors, power supplies, embedded computing, monitoring, fuel and fluid measurement, and data acquisition systems for aerospace and defense industry.