AMETEK, Inc. $AME Shares Sold by Davis R M Inc.

Davis R M Inc. cut its holdings in AMETEK, Inc. (NYSE:AME) by 1.7% during the second quarter, Holdings Channel reports. The institutional investor owned 320,929 shares of the technology company’s stock after selling 5,693 shares during the period. AMETEK makes up about 1.1% of Davis R M Inc.’s holdings, making the stock its 26th largest position. Davis R M Inc.’s holdings in AMETEK were worth $58,075,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Invesco Ltd. increased its holdings in shares of AMETEK by 127.2% in the 1st quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company’s stock valued at $598,943,000 after acquiring an additional 1,947,831 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in AMETEK by 21.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company’s stock valued at $1,888,385,000 after purchasing an additional 1,908,742 shares during the last quarter. Nuveen LLC acquired a new stake in AMETEK during the first quarter worth approximately $94,051,000. Goldman Sachs Group Inc. lifted its position in shares of AMETEK by 28.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,178,233 shares of the technology company’s stock worth $374,961,000 after buying an additional 484,803 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. acquired a new position in shares of AMETEK in the 1st quarter valued at $72,872,000. 87.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AME has been the topic of several research analyst reports. Truist Financial lifted their price target on shares of AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. Melius cut AMETEK from a “buy” rating to a “hold” rating and set a $192.00 target price on the stock. in a research report on Monday, July 14th. Mizuho upped their target price on AMETEK from $212.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. KeyCorp raised their price target on AMETEK from $205.00 to $220.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Finally, Melius Research upgraded AMETEK to a “hold” rating in a research note on Monday, July 14th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $211.00.

Insider Transactions 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 value of $5,259,314.50. Following the completion of the sale, the insider 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 document filed with the Securities & Exchange Commission, which is available at this link. 0.57% of the stock is owned by corporate insiders.

AMETEK Stock Down 0.5%

AMETEK stock opened at $196.23 on Monday. The stock has a 50 day moving average of $187.88 and a two-hundred day moving average of $182.27. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $204.15. The stock has a market capitalization of $45.17 billion, a price-to-earnings ratio of 31.60, a PEG ratio of 2.64 and a beta of 1.12. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15.

AMETEK (NYSE:AME) last released its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.76 by $0.13. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The business had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the prior year, the business earned $1.66 earnings per share. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. 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 expect that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Dividend Announcement

The company 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 dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, December 5th. AMETEK’s payout ratio is 19.56%.

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.