Aviva PLC Has $31.25 Million Stake in AMETEK, Inc. $AME

Aviva PLC boosted its stake in shares of AMETEK, Inc. (NYSE:AMEFree Report) by 6.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 172,699 shares of the technology company’s stock after buying an additional 11,091 shares during the quarter. Aviva PLC owned approximately 0.07% of AMETEK worth $31,252,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bares Capital Management Inc. acquired a new position in shares of AMETEK in the first quarter worth approximately $26,000. ST Germain D J Co. Inc. lifted its position in shares of AMETEK by 628.6% in the 2nd quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock worth $28,000 after purchasing an additional 132 shares during the period. NewSquare Capital LLC boosted its stake in shares of AMETEK by 129.7% in the 2nd quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock valued at $31,000 after purchasing an additional 96 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of AMETEK by 57.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company’s stock worth $33,000 after buying an additional 71 shares during the period. Finally, SouthState Corp raised its stake in AMETEK by 47.4% during the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after buying an additional 65 shares during the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

AMETEK Stock Performance

Shares of AME stock opened at $196.23 on Monday. 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 firm has a fifty day simple moving average of $187.88 and a two-hundred day simple moving average of $182.27. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $204.15. The firm has a market capitalization of $45.17 billion, a PE ratio of 31.60, a price-to-earnings-growth ratio of 2.64 and a beta of 1.12.

AMETEK (NYSE:AMEGet Free Report) last released its quarterly earnings data 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 firm had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.81 billion. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The business’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period last year, the firm earned $1.66 earnings per share. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.320-7.370 EPS. Analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

The business also recently disclosed 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 19.56%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on AME. DA Davidson increased their price target on AMETEK from $210.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Barclays upped their target price on AMETEK from $200.00 to $205.00 and gave the company an “equal weight” rating in a research report on Friday, October 31st. Melius downgraded 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. Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. Finally, Royal Bank Of Canada lifted their price objective on shares of AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $211.00.

Read Our Latest Research Report on AMETEK

Insider Buying and Selling at AMETEK

In related news, insider Ronald J. Oscher sold 26,290 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $200.05, for a total transaction 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.57% of the stock is owned by corporate insiders.

AMETEK Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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