AMETEK, Inc. $AME Stock Position Raised by Swiss National Bank

Swiss National Bank raised its holdings in AMETEK, Inc. (NYSE:AMEFree Report) by 7.1% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 698,425 shares of the technology company’s stock after buying an additional 46,000 shares during the quarter. Swiss National Bank’s holdings in AMETEK were worth $126,387,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in AME. Bares Capital Management Inc. acquired a new stake in shares of AMETEK in the first quarter valued at $26,000. ST Germain D J Co. Inc. lifted its position 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 worth $28,000 after purchasing an additional 132 shares in the last quarter. NewSquare Capital LLC grew its stake in shares of AMETEK by 129.7% during the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock valued at $31,000 after purchasing an additional 96 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its position in AMETEK by 57.7% in the 1st 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 last quarter. Finally, SouthState Corp lifted its holdings in AMETEK by 47.4% during the 2nd quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after buying an additional 65 shares in the last quarter. Institutional investors own 87.43% of the company’s stock.

AMETEK Trading Up 2.7%

AME stock opened at $195.21 on Friday. The stock has a market cap of $44.94 billion, a price-to-earnings ratio of 31.43, a price-to-earnings-growth ratio of 2.64 and a beta of 1.12. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. AMETEK, Inc. has a one year low of $145.02 and a one year high of $204.15. The company has a fifty day moving average price of $189.16 and a two-hundred day moving average price of $183.97.

AMETEK (NYSE:AMEGet Free Report) last released its quarterly earnings data on Thursday, October 30th. The technology company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.13. The business had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.81 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.AMETEK’s revenue was up 10.8% compared to the same quarter last year. During the same period last year, the firm posted $1.66 earnings per share. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.320-7.370 EPS. Equities analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Dividend Announcement

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

Analysts Set New Price Targets

AME has been the topic of a number of recent research reports. Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. TD Cowen upgraded AMETEK from a “sell” rating to a “hold” rating and boosted their target price for the company from $158.00 to $180.00 in a research note on Tuesday, September 2nd. Barclays lifted their price objective on shares of AMETEK from $200.00 to $205.00 and gave the company an “equal weight” rating in a report on Friday, October 31st. Truist Financial raised their target price on shares of AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. Finally, Morgan Stanley increased their price objective on shares of AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a research note on Friday, August 8th. Eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $211.00.

Check Out Our Latest Research Report on AMETEK

Insider Buying and Selling at AMETEK

In other news, insider Ronald J. Oscher sold 26,290 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $200.05, for a total value of $5,259,314.50. Following the completion of the transaction, the insider directly owned 40,226 shares of the company’s stock, valued at $8,047,211.30. This represents a 39.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.57% of the stock is owned by insiders.

About AMETEK

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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