Universal Beteiligungs und Servicegesellschaft mbH Buys 29,465 Shares of AMETEK, Inc. $AME

Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in shares of AMETEK, Inc. (NYSE:AMEFree Report) by 10.6% in the third quarter, HoldingsChannel reports. The fund owned 307,889 shares of the technology company’s stock after acquiring an additional 29,465 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in AMETEK were worth $57,883,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. KBC Group NV lifted its stake in AMETEK by 3.2% in the 2nd quarter. KBC Group NV now owns 289,634 shares of the technology company’s stock worth $52,412,000 after purchasing an additional 9,063 shares in the last quarter. Valley National Advisers Inc. purchased a new position in shares of AMETEK during the third quarter valued at about $2,061,000. Nordea Investment Management AB increased its holdings in shares of AMETEK by 246.0% in the third quarter. Nordea Investment Management AB now owns 92,175 shares of the technology company’s stock worth $17,344,000 after purchasing an additional 65,537 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of AMETEK by 3.1% in the third quarter. Assenagon Asset Management S.A. now owns 213,676 shares of the technology company’s stock worth $40,171,000 after buying an additional 6,363 shares in the last quarter. Finally, L. Roy Papp & Associates LLP lifted its position in shares of AMETEK by 17.7% in the third quarter. L. Roy Papp & Associates LLP now owns 43,688 shares of the technology company’s stock worth $8,213,000 after buying an additional 6,582 shares in the last quarter. Institutional investors own 87.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Royal Bank Of Canada lifted their price objective on AMETEK from $212.00 to $229.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. DA Davidson raised their target price on shares of AMETEK from $235.00 to $240.00 and gave the company a “buy” rating in a report on Monday, December 8th. Truist Financial boosted their price target on shares of AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Barclays upped their price target on shares of AMETEK from $205.00 to $210.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 7th. Finally, KeyCorp lifted their price objective on shares of AMETEK from $220.00 to $235.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 6th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $229.82.

Get Our Latest Report on AMETEK

Insiders Place Their Bets

In related news, insider Thomas C. Marecic sold 14,310 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the completion of the sale, the insider directly owned 42,589 shares of the company’s stock, valued at approximately $8,607,662.79. This trade represents a 25.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David A. Zapico sold 28,390 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $201.76, for a total value of $5,727,966.40. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 163,378 shares of company stock valued at $32,471,654. Corporate insiders own 0.57% of the company’s stock.

AMETEK Stock Up 3.5%

NYSE AME opened at $220.69 on Thursday. The company has a quick ratio of 0.72, a current ratio of 1.16 and a debt-to-equity ratio of 0.14. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $221.35. The firm has a market capitalization of $50.80 billion, a price-to-earnings ratio of 34.81, a PEG ratio of 2.79 and a beta of 1.04. The company has a fifty day moving average of $203.49 and a two-hundred day moving average of $191.96.

AMETEK (NYSE:AMEGet Free Report) last released its earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.13. AMETEK had a net margin of 20.50% and a return on equity of 16.66%. The firm had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same quarter last year, the business earned $1.66 EPS. The business’s revenue was up 10.8% on a year-over-year basis. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. On average, analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 5th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Friday, December 5th. AMETEK’s payout ratio is 19.56%.

AMETEK Profile

(Free Report)

AMETEK, Inc is a global manufacturer of electronic instruments and electromechanical devices that serves a broad range of industries. Headquartered in Berwyn, Pennsylvania, the company designs and produces precision instruments, electronic measurement devices, specialty sensors, and electric motors and motion control systems. Its product portfolio includes analytical and monitoring instruments, calibration equipment, power supplies, embedded electronics, and industrial motors and drives used for critical applications.

The company operates through two primary business platforms — an electronic instruments group focused on analytical, test and measurement and sensor products, and an electromechanical group that supplies motors, actuators, and related power and motion solutions.

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Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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