Harvest Portfolios Group Inc. Has $1.99 Million Holdings in AMETEK, Inc. $AME

Harvest Portfolios Group Inc. lifted its position in AMETEK, Inc. (NYSE:AME) by 9.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,971 shares of the technology company’s stock after purchasing an additional 966 shares during the quarter. Harvest Portfolios Group Inc.’s holdings in AMETEK were worth $1,985,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bares Capital Management Inc. bought a new stake in AMETEK in the 1st quarter valued at $26,000. ST Germain D J Co. Inc. lifted its holdings in shares of AMETEK by 628.6% during the 2nd quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock worth $28,000 after acquiring an additional 132 shares during the period. NewSquare Capital LLC boosted its position in shares of AMETEK by 129.7% during the 2nd quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock valued at $31,000 after acquiring an additional 96 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its stake in AMETEK by 57.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company’s stock valued at $33,000 after acquiring an additional 71 shares during the period. Finally, SouthState Corp increased its stake in AMETEK by 47.4% in the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock valued at $37,000 after acquiring an additional 65 shares during the period. 87.43% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on AME. KeyCorp upped their price target on AMETEK from $205.00 to $220.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. Royal Bank Of Canada increased their price target on shares of AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Robert W. Baird lifted their price target on shares of AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Melius downgraded shares of AMETEK from a “buy” rating to a “hold” rating and set a $192.00 target price for the company. in a research report on Monday, July 14th. Finally, Mizuho boosted their price objective on shares of AMETEK from $212.00 to $225.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $211.00.

AMETEK Stock Performance

Shares of NYSE:AME opened at $196.23 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. The stock has a market capitalization of $45.17 billion, a price-to-earnings ratio of 31.60, a price-to-earnings-growth ratio of 2.64 and a beta of 1.12. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $204.15. The company’s 50 day simple moving average is $187.88 and its 200 day simple moving average is $181.97.

AMETEK (NYSE:AME) last posted 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 company 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%. The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period last year, the company posted $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, research analysts predict that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Announces Dividend

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

Insider Activity

In other news, insider Ronald J. Oscher sold 26,290 shares of the firm’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $200.05, for a total transaction of $5,259,314.50. Following the completion of the transaction, the insider directly owned 40,226 shares in the company, 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 Securities & Exchange Commission, which is available through the SEC website. 0.57% of the stock is owned by company insiders.

AMETEK Company 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.