Meeder Asset Management Inc. Has $24.35 Million Stock Position in AMETEK, Inc. $AME

Meeder Asset Management Inc. boosted its position in AMETEK, Inc. (NYSE:AME) by 64.8% during the 3rd quarter, Holdings Channel reports. The fund owned 129,496 shares of the technology company’s stock after buying an additional 50,916 shares during the period. AMETEK makes up 1.4% of Meeder Asset Management Inc.’s portfolio, making the stock its 18th largest holding. Meeder Asset Management Inc.’s holdings in AMETEK were worth $24,345,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of AME. Darwin Wealth Management LLC acquired a new stake in AMETEK in the 2nd quarter valued at $25,000. ST Germain D J Co. Inc. raised its holdings in AMETEK by 628.6% during the second quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock worth $28,000 after buying an additional 132 shares during the last quarter. NewSquare Capital LLC lifted its stake in shares of AMETEK by 129.7% in the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock valued at $31,000 after buying an additional 96 shares in the last quarter. TruNorth Capital Management LLC acquired a new position in shares of AMETEK during the third quarter valued at about $31,000. Finally, SouthState Corp increased its position in shares of AMETEK by 47.4% during the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after acquiring an additional 65 shares in the last quarter. 87.43% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AME has been the subject of a number of analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of AMETEK in a research note on Wednesday, October 8th. Royal Bank Of Canada lifted their target price on AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Wall Street Zen raised AMETEK from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Cowen raised shares of AMETEK from a “sell” rating to a “buy” rating in a report on Tuesday, December 23rd. Finally, Melius upgraded shares of AMETEK from a “hold” rating to a “buy” rating and set a $235.00 target price for the company in a research note on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $223.75.

AMETEK Trading Up 0.3%

Shares of AMETEK stock opened at $210.59 on Monday. The stock has a fifty day moving average price of $200.86 and a 200-day moving average price of $190.23. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.16 and a quick ratio of 0.72. The firm has a market cap of $48.48 billion, a PE ratio of 33.22, a P/E/G ratio of 2.77 and a beta of 1.04. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $214.60.

AMETEK (NYSE:AME) last posted its quarterly earnings data on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.13. The business had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.81 billion. AMETEK had a net margin of 20.50% and a return on equity of 16.66%. The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.66 earnings per share. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. Equities research analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, December 5th. AMETEK’s payout ratio is 19.56%.

Insider Transactions at AMETEK

In other AMETEK news, CEO David A. Zapico sold 88,000 shares of the stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $196.39, for a total transaction of $17,282,320.00. Following the completion of the transaction, the chief executive officer directly owned 348,955 shares of the company’s stock, valued at approximately $68,531,272.45. This represents a 20.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Thomas M. Montgomery sold 6,388 shares of the firm’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $205.05, for a total value of $1,309,859.40. Following the completion of the sale, the vice president directly owned 22,116 shares of the company’s stock, valued at $4,534,885.80. This represents a 22.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 163,378 shares of company stock worth $32,471,654 in the last ninety days. Company insiders own 0.57% of the company’s stock.

AMETEK Profile

AMETEK, Inc is a global manufacturer of electronic instruments and electromechanical devices that serves a broad range of industries. Headquartered in Berwyn, Pennsylvania, the company designs and produces precision instruments, electronic measurement devices, specialty sensors, and electric motors and motion control systems. Its product portfolio includes analytical and monitoring instruments, calibration equipment, power supplies, embedded electronics, and industrial motors and drives used for critical applications.

The company operates through two primary business platforms — an electronic instruments group focused on analytical, test and measurement and sensor products, and an electromechanical group that supplies motors, actuators, and related power and motion solutions.