Louisiana State Employees Retirement System Has $2.21 Million Stock Holdings in AMETEK, Inc. $AME

Louisiana State Employees Retirement System cut its holdings in AMETEK, Inc. (NYSE:AME) by 1.6% in the second quarter, Holdings Channel.com reports. The fund owned 12,200 shares of the technology company’s stock after selling 200 shares during the quarter. Louisiana State Employees Retirement System’s holdings in AMETEK were worth $2,208,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in AME. Invesco Ltd. lifted its stake in AMETEK by 127.2% in the first quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company’s stock valued at $598,943,000 after acquiring an additional 1,947,831 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in AMETEK by 21.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company’s stock valued at $1,888,385,000 after acquiring an additional 1,908,742 shares during the last quarter. Nuveen LLC bought a new position in shares of AMETEK in the first quarter valued at approximately $94,051,000. Goldman Sachs Group Inc. raised its position in shares of AMETEK by 28.6% in the first quarter. Goldman Sachs Group Inc. now owns 2,178,233 shares of the technology company’s stock valued at $374,961,000 after purchasing an additional 484,803 shares during the period. Finally, Jacobs Levy Equity Management Inc. bought a new position in shares of AMETEK in the first quarter valued at approximately $72,872,000. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AME. Robert W. Baird lifted their price target on shares of AMETEK from $190.00 to $198.00 and gave the company a “neutral” rating in a research report on Monday, August 4th. Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a research report on Wednesday. Melius Research raised shares of AMETEK to a “hold” rating in a research report on Monday, July 14th. Royal Bank Of Canada lifted their price target on shares of AMETEK from $209.00 to $212.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Finally, KeyCorp lifted their price target on shares of AMETEK from $195.00 to $205.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $207.42.

AMETEK Trading Down 2.2%

Shares of AME stock opened at $179.28 on Friday. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $198.33. The firm’s fifty day simple moving average is $185.60 and its 200 day simple moving average is $177.91. The firm has a market capitalization of $41.40 billion, a P/E ratio of 28.87, a price-to-earnings-growth ratio of 2.63 and a beta of 1.11. 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 announced its earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.09. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The business had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same quarter in the previous year, the firm posted $1.66 earnings per share. AMETEK’s 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. As a group, sell-side analysts predict that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Monday, September 15th. AMETEK’s payout ratio is 19.97%.

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.