AMETEK, Inc. $AME Shares Sold by Private Wealth Asset Management LLC

Private Wealth Asset Management LLC lowered its stake in shares of AMETEK, Inc. (NYSE:AME) by 21.3% in the second quarter, Holdings Channel reports. The firm owned 229 shares of the technology company’s stock after selling 62 shares during the period. Private Wealth Asset Management LLC’s holdings in AMETEK were worth $41,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of AMETEK by 1.3% during the first quarter. Vanguard Group Inc. now owns 26,484,263 shares of the technology company’s stock valued at $4,559,001,000 after acquiring an additional 336,491 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of AMETEK by 21.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company’s stock worth $1,888,385,000 after purchasing an additional 1,908,742 shares in the last quarter. JPMorgan Chase & Co. raised its stake in AMETEK by 2.8% in 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 last quarter. Flossbach Von Storch SE lifted its holdings in AMETEK by 1.2% in 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 in the last quarter. Finally, Invesco Ltd. boosted 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 worth $598,943,000 after purchasing an additional 1,947,831 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

AMETEK Trading Down 0.1%

NYSE AME opened at $185.60 on Thursday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. The stock has a market capitalization of $42.86 billion, a P/E ratio of 29.89, a PEG ratio of 2.67 and a beta of 1.11. The firm’s 50-day moving average is $185.57 and its two-hundred day moving average is $178.12. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $198.33.

AMETEK (NYSE:AME) last released its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $1.74 billion. During the same period in the previous year, the firm earned $1.66 EPS. The business’s revenue was up 2.5% on a year-over-year basis. 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 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, September 15th. AMETEK’s dividend payout ratio (DPR) is currently 19.97%.

Wall Street Analyst Weigh In

AME has been the topic of several research reports. Melius Research raised shares of AMETEK to a “hold” rating in a research note on Monday, July 14th. Morgan Stanley raised their target price on shares of AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a research note on Friday, August 8th. KeyCorp upped their price target on AMETEK from $195.00 to $205.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Truist Financial increased their price target on AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a research note on Wednesday, October 8th. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $207.42.

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.