Bessemer Group Inc. Increases Stake in AMETEK, Inc. $AME

Bessemer Group Inc. increased its position in AMETEK, Inc. (NYSE:AME) by 1.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 580,035 shares of the technology company’s stock after acquiring an additional 7,913 shares during the quarter. Bessemer Group Inc.’s holdings in AMETEK were worth $104,962,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in AME. Invesco Ltd. increased its holdings in AMETEK by 127.2% in the 1st 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 last quarter. Price T Rowe Associates Inc. MD increased its holdings 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 acquiring an additional 1,908,742 shares during the last quarter. Nuveen LLC purchased a new stake in AMETEK in the 1st quarter worth about $94,051,000. Goldman Sachs Group Inc. increased its holdings in AMETEK by 28.6% in the 1st 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 last quarter. Finally, Jacobs Levy Equity Management Inc. purchased a new position in AMETEK during the 1st quarter valued at about $72,872,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on AME. Truist Financial lifted their target price on AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. TD Cowen raised AMETEK from a “sell” rating to a “hold” rating and lifted their target price for the company from $158.00 to $180.00 in a report on Tuesday, September 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. Melius lowered AMETEK from a “buy” rating to a “hold” rating and set a $192.00 target price for the company. in a report on Monday, July 14th. Finally, Morgan Stanley lifted their target price on AMETEK from $185.00 to $198.00 and gave the company an “equal weight” rating in a report on Friday, August 8th. Eight research 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 company presently has an average rating of “Moderate Buy” and an average price target of $207.42.

AMETEK Stock Performance

Shares of AME opened at $186.90 on Tuesday. The company has a market cap of $43.16 billion, a PE ratio of 30.10, a price-to-earnings-growth ratio of 2.69 and a beta of 1.11. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15. The stock has a 50-day moving average price of $186.11 and a 200-day moving average price of $179.81. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $198.33.

AMETEK (NYSE:AME) last issued 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. The firm had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.74 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The company’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the company posted $1.66 EPS. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. As a group, equities analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

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