AMETEK, Inc. $AME Shares Acquired by Apollon Wealth Management LLC

Apollon Wealth Management LLC grew its stake in AMETEK, Inc. (NYSE:AME) by 3.7% during the second quarter, HoldingsChannel.com reports. The firm owned 13,346 shares of the technology company’s stock after purchasing an additional 475 shares during the period. Apollon Wealth Management LLC’s holdings in AMETEK were worth $2,415,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Invesco Ltd. raised its stake in AMETEK by 127.2% during 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 during the period. Price T Rowe Associates Inc. MD raised its stake in 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 acquiring an additional 1,908,742 shares during the period. Nuveen LLC acquired a new stake in AMETEK during the first quarter worth about $94,051,000. Goldman Sachs Group Inc. raised its stake in AMETEK by 28.6% during the first quarter. Goldman Sachs Group Inc. now owns 2,178,233 shares of the technology company’s stock worth $374,961,000 after acquiring an additional 484,803 shares during the period. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in AMETEK during the first quarter worth about $72,872,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. TD Cowen upgraded shares of AMETEK from a “sell” rating to a “hold” rating and increased their price objective for the stock from $158.00 to $180.00 in a research note on Tuesday, September 2nd. Morgan Stanley raised their price target on shares of AMETEK from $185.00 to $198.00 and gave the company an “equal weight” rating in a research note on Friday, August 8th. Royal Bank Of Canada raised their price target on shares of AMETEK from $209.00 to $212.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Mizuho raised their price target on shares of AMETEK from $212.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Finally, Truist Financial raised their price target on shares of AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research note on Wednesday. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $207.42.

AMETEK Trading Down 2.2%

Shares of NYSE:AME opened at $179.28 on Monday. The stock has a market capitalization of $41.40 billion, a price-to-earnings ratio of 28.87, a PEG ratio of 2.57 and a beta of 1.11. AMETEK, Inc. has a 1-year low of $145.02 and a 1-year high of $198.33. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.63. The company has a 50 day moving average price of $185.60 and a 200 day moving average price of $177.93.

AMETEK (NYSE:AME) last issued its earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share 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 net margin of 20.60% and a return on equity of 16.53%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the firm posted $1.66 earnings per share. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. On average, research analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Announces Dividend

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

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.