AMETEK, Inc. $AME Stake Decreased by Portfolio Design Labs LLC

Portfolio Design Labs LLC cut its holdings in shares of AMETEK, Inc. (NYSE:AME) by 23.8% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 18,870 shares of the technology company’s stock after selling 5,892 shares during the period. Portfolio Design Labs LLC’s holdings in AMETEK were worth $3,415,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Bares Capital Management Inc. acquired a new position in AMETEK during the 1st quarter worth $26,000. ST Germain D J Co. Inc. raised its stake in shares of AMETEK by 628.6% during the second quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock valued at $28,000 after purchasing an additional 132 shares in the last quarter. NewSquare Capital LLC lifted its holdings in AMETEK by 129.7% in the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock worth $31,000 after purchasing an additional 96 shares during the period. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in AMETEK by 57.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company’s stock worth $33,000 after purchasing an additional 71 shares during the period. Finally, SouthState Corp grew its position in AMETEK by 47.4% in the 2nd quarter. SouthState Corp now owns 202 shares of the technology company’s stock valued at $37,000 after buying an additional 65 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

AMETEK Trading Down 1.1%

NYSE:AME opened at $195.73 on Tuesday. The stock has a fifty day simple moving average of $190.17 and a 200 day simple moving average of $184.88. The firm has a market capitalization of $45.06 billion, a price-to-earnings ratio of 31.52, a price-to-earnings-growth ratio of 2.64 and a beta of 1.12. AMETEK, Inc. has a 1-year low of $145.02 and a 1-year high of $204.15. 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 posted its quarterly earnings data on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.13. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The company had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period in the prior year, the firm earned $1.66 earnings per share. The business’s quarterly revenue was up 10.8% on a year-over-year basis. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.320-7.370 EPS. Sell-side analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Friday, December 5th will be paid a $0.31 dividend. The ex-dividend date of this dividend is Friday, December 5th. This represents a $1.24 dividend on an annualized basis and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 19.56%.

Insider Activity at AMETEK

In other AMETEK news, CEO David A. Zapico sold 88,000 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $196.39, for a total transaction of $17,282,320.00. Following the sale, the chief executive officer directly owned 348,955 shares of the company’s stock, valued at $68,531,272.45. The trade was a 20.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 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 of the company’s stock, valued at $8,047,211.30. The trade was a 39.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on AME. KeyCorp boosted their price target on shares of AMETEK from $205.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Robert W. Baird boosted their target price on AMETEK from $198.00 to $204.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. Barclays upped their target price on AMETEK from $200.00 to $205.00 and gave the stock an “equal weight” rating in a research report on Friday, October 31st. Royal Bank Of Canada lifted their price target on AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Finally, Morgan Stanley boosted their price objective on AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a research note on Friday, August 8th. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $211.00.

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.