Mirabella Financial Services LLP Sells 26,148 Shares of AMETEK, Inc. $AME

Mirabella Financial Services LLP cut its position in AMETEK, Inc. (NYSE:AME) by 79.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,648 shares of the technology company’s stock after selling 26,148 shares during the quarter. Mirabella Financial Services LLP’s holdings in AMETEK were worth $1,208,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in AME. SouthState Corp lifted its stake in AMETEK by 47.4% in the 2nd quarter. SouthState Corp now owns 202 shares of the technology company’s stock valued at $37,000 after purchasing an additional 65 shares during the last quarter. Signature Estate & Investment Advisors LLC raised its stake in AMETEK by 3.9% in the first quarter. Signature Estate & Investment Advisors LLC now owns 1,784 shares of the technology company’s stock valued at $307,000 after buying an additional 67 shares during the period. First Horizon Advisors Inc. lifted its position in shares of AMETEK by 3.0% in the second quarter. First Horizon Advisors Inc. now owns 2,335 shares of the technology company’s stock valued at $423,000 after buying an additional 69 shares during the last quarter. Federated Hermes Inc. boosted its stake in shares of AMETEK by 8.3% during the 1st quarter. Federated Hermes Inc. now owns 1,017 shares of the technology company’s stock worth $175,000 after acquiring an additional 78 shares during the period. Finally, Summit Financial LLC increased its holdings in shares of AMETEK by 2.6% during the 1st quarter. Summit Financial LLC now owns 3,451 shares of the technology company’s stock worth $594,000 after acquiring an additional 89 shares during the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on AME shares. Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Barclays upped their price target on shares of AMETEK from $200.00 to $205.00 and gave the company an “equal weight” rating in a research note on Friday, October 31st. Robert W. Baird boosted their price objective on AMETEK from $198.00 to $204.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. Royal Bank Of Canada lifted their price target on AMETEK from $212.00 to $229.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, AMETEK presently has an average rating of “Moderate Buy” and an average price target of $211.00.

Insider Activity at AMETEK

In related news, insider Ronald J. Oscher sold 26,290 shares of AMETEK stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $200.05, for a total value of $5,259,314.50. Following the transaction, the insider directly owned 40,226 shares of the company’s stock, valued at $8,047,211.30. This trade represents a 39.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO David A. Zapico sold 88,000 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $196.39, for a total value of $17,282,320.00. Following the sale, the chief executive officer owned 348,955 shares of the company’s stock, valued at $68,531,272.45. The trade was a 20.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.57% of the company’s stock.

AMETEK Trading Up 0.0%

Shares of AME stock opened at $199.27 on Friday. The stock has a market cap of $45.87 billion, a P/E ratio of 31.43, a price-to-earnings-growth ratio of 2.83 and a beta of 1.04. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $204.15. The company has a current ratio of 1.16, a quick ratio of 0.72 and a debt-to-equity ratio of 0.14. The stock has a 50 day simple moving average of $190.94 and a 200 day simple moving average of $185.18.

AMETEK (NYSE:AME) last released its 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. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.The firm had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the company posted $1.66 EPS. The company’s revenue was up 10.8% compared to the same quarter last year. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. On average, research analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The company also recently declared 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. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, December 5th. AMETEK’s dividend payout ratio is 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.