Maryland State Retirement & Pension System Buys 405 Shares of AMETEK, Inc. $AME

Maryland State Retirement & Pension System lifted its stake in AMETEK, Inc. (NYSE:AME) by 3.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,197 shares of the technology company’s stock after buying an additional 405 shares during the quarter. Maryland State Retirement & Pension System’s holdings in AMETEK were worth $2,026,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of AMETEK by 1.3% in the first quarter. Vanguard Group Inc. now owns 26,484,263 shares of the technology company’s stock worth $4,559,001,000 after buying an additional 336,491 shares during the period. Price T Rowe Associates Inc. MD raised its stake in AMETEK by 21.1% during the 1st 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 purchasing an additional 1,908,742 shares during the period. JPMorgan Chase & Co. raised its stake in AMETEK by 2.8% during the 1st quarter. JPMorgan Chase & Co. now owns 5,747,368 shares of the technology company’s stock valued at $989,352,000 after purchasing an additional 154,682 shares during the period. Flossbach Von Storch SE raised its stake in AMETEK by 1.2% during the 1st quarter. Flossbach Von Storch SE now owns 3,770,066 shares of the technology company’s stock valued at $648,979,000 after purchasing an additional 45,714 shares during the period. Finally, Invesco Ltd. raised its stake in AMETEK by 127.2% during the 1st quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company’s stock valued at $598,943,000 after purchasing an additional 1,947,831 shares during the period. Institutional investors own 87.43% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on AME shares. Robert W. Baird lifted their target price on AMETEK from $190.00 to $198.00 and gave the company a “neutral” rating in a research note on Monday, August 4th. Barclays started coverage on AMETEK in a research note on Wednesday, September 10th. They set an “equal weight” rating and a $200.00 target price on the stock. Royal Bank Of Canada lifted their target price on AMETEK from $209.00 to $212.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Mizuho lifted their target price on AMETEK from $212.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Finally, TD Cowen raised AMETEK from a “sell” rating to a “hold” rating and lifted their price objective for the stock from $158.00 to $180.00 in a research note on Tuesday, September 2nd. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $207.42.

AMETEK Stock Performance

NYSE:AME opened at $179.28 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $198.33. The stock’s 50 day simple moving average is $185.60 and its two-hundred day simple moving average is $177.91. The company has a market cap of $41.40 billion, a price-to-earnings ratio of 28.87, a PEG ratio of 2.63 and a beta of 1.11.

AMETEK (NYSE:AME) last announced its earnings results on Thursday, July 31st. The technology company reported $1.78 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.09. The firm had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.74 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The company’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.66 EPS. 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, equities analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

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

AMETEK 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.