Aberdeen Group plc Purchases 24,721 Shares of AMETEK, Inc. $AME

Aberdeen Group plc increased its position in AMETEK, Inc. (NYSE:AME) by 12.6% during the second quarter, Holdings Channel reports. The firm owned 221,433 shares of the technology company’s stock after buying an additional 24,721 shares during the quarter. Aberdeen Group plc’s holdings in AMETEK were worth $40,071,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of AME. GAMMA Investing LLC raised its holdings in shares of AMETEK by 7.3% in the 1st quarter. GAMMA Investing LLC now owns 5,654 shares of the technology company’s stock valued at $973,000 after purchasing an additional 384 shares during the period. Simon Quick Advisors LLC bought a new stake in shares of AMETEK in the 1st quarter valued at about $325,000. Fifth Third Bancorp raised its holdings in shares of AMETEK by 5.2% in the 1st quarter. Fifth Third Bancorp now owns 7,570 shares of the technology company’s stock valued at $1,303,000 after purchasing an additional 373 shares during the period. NorthCrest Asset Manangement LLC raised its holdings in shares of AMETEK by 3.1% in the 1st quarter. NorthCrest Asset Manangement LLC now owns 4,046 shares of the technology company’s stock valued at $697,000 after purchasing an additional 120 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of AMETEK by 10.2% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 115,194 shares of the technology company’s stock valued at $19,829,000 after purchasing an additional 10,685 shares during the period. 87.43% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on AME. Melius Research raised shares of AMETEK to a “hold” rating in a report on Monday, July 14th. Truist Financial increased their price target on shares of AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a report on Wednesday. Mizuho increased their price target on shares of AMETEK from $212.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, August 1st. Morgan Stanley increased their price target on shares of AMETEK from $185.00 to $198.00 and gave the company an “equal weight” rating in a report on Friday, August 8th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, AMETEK currently has a consensus rating of “Moderate Buy” and an average target price of $207.42.

AMETEK Stock Performance

Shares of NYSE:AME opened at $179.28 on Monday. The company’s 50 day moving average price is $185.60 and its two-hundred day moving average price is $177.93. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $198.33. The firm has a market cap of $41.40 billion, a PE ratio of 28.87, a PEG ratio of 2.57 and a beta of 1.11. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15.

AMETEK (NYSE:AME) last announced its earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.09. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The firm had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same quarter in the prior year, the business posted $1.66 EPS. The business’s revenue was up 2.5% compared to the same quarter last year. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. Equities research analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, September 15th. AMETEK’s dividend payout ratio is presently 19.97%.

About AMETEK

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.