AMETEK, Inc. $AME Shares Sold by Assetmark Inc.

Assetmark Inc. cut its holdings in AMETEK, Inc. (NYSE:AME) by 2.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 69,682 shares of the technology company’s stock after selling 1,874 shares during the quarter. Assetmark Inc.’s holdings in AMETEK were worth $12,610,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of AME. Bares Capital Management Inc. acquired a new position in AMETEK in the first quarter valued at $26,000. ST Germain D J Co. Inc. boosted its holdings in shares of AMETEK by 628.6% in the second quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock valued at $28,000 after acquiring an additional 132 shares in the last quarter. Olde Wealth Management LLC purchased a new stake in shares of AMETEK in the first quarter valued at about $29,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of AMETEK by 57.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company’s stock valued at $33,000 after acquiring an additional 71 shares in the last quarter. Finally, Zions Bancorporation National Association UT purchased a new stake in shares of AMETEK in the first quarter valued at about $42,000. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AME has been the topic of several analyst reports. Melius downgraded shares of AMETEK from a “buy” rating to a “hold” rating and set a $192.00 target price on the stock. in a report on Monday, July 14th. Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a report on Saturday. Mizuho lifted their target price on shares of AMETEK from $212.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, August 1st. KeyCorp lifted their target price on shares of AMETEK from $205.00 to $220.00 and gave the company an “overweight” rating in a report on Friday. Finally, DA Davidson raised their price objective on shares of AMETEK from $210.00 to $215.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $210.50.

AMETEK Stock Up 2.1%

Shares of NYSE AME opened at $202.51 on Friday. 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, Inc. has a 52 week low of $145.02 and a 52 week high of $204.15. The firm has a 50-day moving average price of $186.73 and a 200 day moving average price of $180.74. The stock has a market capitalization of $46.77 billion, a price-to-earnings ratio of 32.61, a price-to-earnings-growth ratio of 2.64 and a beta of 1.11.

AMETEK (NYSE:AME) last announced its quarterly earnings data on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.76 by $0.13. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The firm had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter last year, the business earned $1.66 earnings per share. The business’s revenue for the quarter 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. Equities research analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, September 15th. AMETEK’s dividend 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.