AMETEK, Inc. $AME Shares Bought by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS lifted its stake in AMETEK, Inc. (NYSE:AME) by 0.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 81,238 shares of the technology company’s stock after purchasing an additional 600 shares during the period. KLP Kapitalforvaltning AS’s holdings in AMETEK were worth $14,701,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Banco Santander S.A. lifted its position in shares of AMETEK by 20.8% during the 1st quarter. Banco Santander S.A. now owns 45,365 shares of the technology company’s stock valued at $7,809,000 after acquiring an additional 7,799 shares during the period. M.D. Sass LLC raised its holdings in AMETEK by 2.1% during the first quarter. M.D. Sass LLC now owns 366,994 shares of the technology company’s stock worth $63,174,000 after purchasing an additional 7,666 shares during the last quarter. DAVENPORT & Co LLC raised its holdings in AMETEK by 0.8% during the first quarter. DAVENPORT & Co LLC now owns 7,125 shares of the technology company’s stock worth $1,226,000 after purchasing an additional 60 shares during the last quarter. Raiffeisen Bank International AG raised its holdings in AMETEK by 16.5% during the first quarter. Raiffeisen Bank International AG now owns 44,647 shares of the technology company’s stock worth $7,607,000 after purchasing an additional 6,318 shares during the last quarter. Finally, Sowell Financial Services LLC acquired a new position in shares of AMETEK during the 1st quarter worth $293,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

Analyst Upgrades and Downgrades

AME has been the subject of several research reports. Melius downgraded AMETEK from a “buy” rating to a “hold” rating and set a $192.00 price target for the company. in a research note on Monday, July 14th. Mizuho lifted their target price on shares of AMETEK from $212.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. KeyCorp lifted their price objective on AMETEK from $195.00 to $205.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday. Finally, Royal Bank Of Canada boosted their price target on AMETEK from $209.00 to $212.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $207.42.

AMETEK Stock Performance

AMETEK stock opened at $183.28 on Thursday. The firm has a market capitalization of $42.33 billion, a P/E ratio of 29.51, a PEG ratio of 2.60 and a beta of 1.11. The stock has a fifty day moving average price of $185.69 and a 200 day moving average price of $177.88. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $198.33. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15.

AMETEK (NYSE:AME) last released its earnings results on Thursday, July 31st. The technology company reported $1.78 EPS 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 firm had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same period in the prior year, the firm posted $1.66 earnings per share. The business’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. Equities research analysts anticipate 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 Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, September 15th. AMETEK’s dividend payout ratio is presently 19.97%.

AMETEK Company Profile

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.