AMETEK, Inc. $AME Stake Increased by Giverny Capital Inc.

Giverny Capital Inc. boosted its position in AMETEK, Inc. (NYSE:AME) by 1.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 996,344 shares of the technology company’s stock after purchasing an additional 18,910 shares during the period. AMETEK makes up approximately 6.2% of Giverny Capital Inc.’s investment portfolio, making the stock its 4th biggest holding. Giverny Capital Inc.’s holdings in AMETEK were worth $180,298,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Bares Capital Management Inc. bought a new stake in shares of AMETEK during the 1st quarter worth approximately $26,000. ST Germain D J Co. Inc. increased its stake in AMETEK by 628.6% in the second quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock worth $28,000 after purchasing an additional 132 shares during the period. NewSquare Capital LLC lifted its position in shares of AMETEK by 129.7% during 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 last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of AMETEK by 57.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company’s stock valued at $33,000 after purchasing an additional 71 shares during the period. Finally, SouthState Corp grew its holdings in shares of AMETEK by 47.4% in the second 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. Institutional investors own 87.43% of the company’s stock.

AMETEK Stock Up 0.8%

AMETEK stock opened at $197.89 on Friday. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $204.15. The business has a fifty day moving average of $190.02 and a two-hundred day moving average of $184.70. The firm has a market cap of $45.56 billion, a P/E ratio of 31.87, a P/E/G ratio of 2.64 and a beta of 1.12. 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 released its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.76 by $0.13. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The firm had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period in the previous year, the company posted $1.66 EPS. 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. On average, analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Friday, December 5th will be given 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 dividend yield of 0.6%. AMETEK’s payout ratio is presently 19.56%.

Insider Buying and Selling

In related news, CEO David A. Zapico sold 88,000 shares of the stock in a transaction that occurred 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 completion of the sale, the chief executive officer owned 348,955 shares of the company’s stock, valued at $68,531,272.45. This represents a 20.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Ronald J. Oscher sold 26,290 shares of AMETEK 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. This represents a 39.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.57% of the company’s stock.

Wall Street Analysts Forecast Growth

AME has been the subject of a number of research analyst reports. KeyCorp lifted their price objective on shares of AMETEK from $205.00 to $220.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Truist Financial lifted their price target on shares of AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Barclays increased their price objective on AMETEK from $200.00 to $205.00 and gave the stock an “equal weight” rating in a research note on Friday, October 31st. DA Davidson lifted their target price on AMETEK from $210.00 to $215.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Finally, Morgan Stanley increased their price target on AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a research report on Friday, August 8th. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $211.00.

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.