Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in AMETEK, Inc. (NYSE:AME – Free Report) by 6.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 440,405 shares of the technology company’s stock after purchasing an additional 27,602 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.19% of AMETEK worth $79,696,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently bought and sold shares of AME. Invesco Ltd. increased its position in shares of AMETEK by 127.2% in the first quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company’s stock worth $598,943,000 after acquiring an additional 1,947,831 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in AMETEK by 21.1% in the 1st 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 during the period. Nuveen LLC purchased a new position in AMETEK during the 1st quarter worth approximately $94,051,000. Goldman Sachs Group Inc. grew its position in AMETEK by 28.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,178,233 shares of the technology company’s stock worth $374,961,000 after purchasing an additional 484,803 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in AMETEK during the 1st quarter valued at $72,872,000. 87.43% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at AMETEK
In related news, insider Ronald J. Oscher sold 26,290 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $200.05, for a total value of $5,259,314.50. Following the completion of the sale, the insider directly owned 40,226 shares in the company, valued at approximately $8,047,211.30. The trade was a 39.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.57% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Stock Report on AMETEK
AMETEK Price Performance
NYSE AME opened at $196.23 on Monday. The company has a 50 day moving average price of $187.88 and a two-hundred day moving average price of $182.27. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $204.15. The stock has a market capitalization of $45.17 billion, a PE ratio of 31.60, a price-to-earnings-growth ratio of 2.64 and a beta of 1.12. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15.
AMETEK (NYSE:AME – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.13. The business had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.81 billion. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. AMETEK’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.66 EPS. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.320-7.370 EPS. As a group, equities analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.
AMETEK Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Friday, December 5th will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s dividend payout ratio is currently 19.56%.
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.
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