Wealth Enhancement Advisory Services LLC Raises Stock Holdings in AMETEK, Inc. $AME

Wealth Enhancement Advisory Services LLC raised its holdings in AMETEK, Inc. (NYSE:AME) by 168.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 134,363 shares of the technology company’s stock after purchasing an additional 84,224 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.06% of AMETEK worth $24,376,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in AME. Biltmore Wealth Management LLC increased its holdings in AMETEK by 1.1% during the third quarter. Biltmore Wealth Management LLC now owns 4,771 shares of the technology company’s stock worth $897,000 after buying an additional 54 shares during the last quarter. Baker Tilly Wealth Management LLC grew its position in shares of AMETEK by 3.9% during the 3rd quarter. Baker Tilly Wealth Management LLC now owns 1,663 shares of the technology company’s stock valued at $313,000 after acquiring an additional 63 shares during the period. SouthState Corp increased its stake in shares of AMETEK by 47.4% during the 2nd quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after purchasing an additional 65 shares during the last quarter. CX Institutional raised its holdings in shares of AMETEK by 3.7% in the 3rd quarter. CX Institutional now owns 1,869 shares of the technology company’s stock worth $351,000 after purchasing an additional 66 shares during the period. Finally, First Horizon Advisors Inc. raised its holdings in shares of AMETEK by 3.0% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,335 shares of the technology company’s stock worth $423,000 after purchasing an additional 69 shares during the period. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Trading Up 3.5%

Shares of AME opened at $220.69 on Thursday. The business’s 50-day moving average price is $203.49 and its 200-day moving average price is $191.96. 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 twelve month low of $145.02 and a twelve month high of $221.35. The stock has a market cap of $50.80 billion, a PE ratio of 34.81, a P/E/G ratio of 2.79 and a beta of 1.04.

AMETEK (NYSE:AME) last posted 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. The business had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.81 billion. AMETEK had a net margin of 20.50% and a return on equity of 16.66%. The business’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.66 EPS. 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, equities analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts have issued reports on AME shares. Mizuho raised their target price on AMETEK from $225.00 to $230.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. Robert W. Baird lifted their price objective on AMETEK from $198.00 to $204.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. DA Davidson boosted their price objective on AMETEK from $235.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, December 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, October 8th. Finally, Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $229.82.

Insiders Place Their Bets

In other AMETEK news, insider Thomas C. Marecic sold 14,310 shares of AMETEK stock in a transaction that occurred on Monday, December 15th. The shares were 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 in the company, valued at $8,607,662.79. The trade was a 25.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Ronald J. Oscher sold 26,290 shares of the stock in a transaction on 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. The trade was a 39.52% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 163,378 shares of company stock worth $32,471,654. Insiders own 0.57% of the company’s stock.

About AMETEK

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.