Freedom Day Solutions LLC Has $2.44 Million Holdings in AMETEK, Inc. $AME

Freedom Day Solutions LLC lessened its position in AMETEK, Inc. (NYSE:AME) by 4.2% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 13,485 shares of the technology company’s stock after selling 592 shares during the period. Freedom Day Solutions LLC’s holdings in AMETEK were worth $2,440,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in AME. UMB Bank n.a. grew its stake in AMETEK by 19.7% in the first quarter. UMB Bank n.a. now owns 552 shares of the technology company’s stock valued at $95,000 after acquiring an additional 91 shares during the period. Park Avenue Securities LLC boosted its position in shares of AMETEK by 14.6% during the first quarter. Park Avenue Securities LLC now owns 7,552 shares of the technology company’s stock valued at $1,300,000 after buying an additional 964 shares during the last quarter. Pallas Capital Advisors LLC purchased a new position in shares of AMETEK during the first quarter valued at approximately $323,000. GAMMA Investing LLC boosted its position in shares of AMETEK by 7.3% during the first quarter. GAMMA Investing LLC now owns 5,654 shares of the technology company’s stock valued at $973,000 after buying an additional 384 shares during the last quarter. Finally, Handelsbanken Fonder AB boosted its position in shares of AMETEK by 8.7% during the first quarter. Handelsbanken Fonder AB now owns 65,660 shares of the technology company’s stock valued at $11,303,000 after buying an additional 5,261 shares during the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Melius cut AMETEK from a “buy” rating to a “hold” rating and set a $192.00 target price on the stock. in a research report on Monday, July 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a research report on Wednesday. Mizuho lifted their target price on AMETEK from $212.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. 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, Royal Bank Of Canada lifted their price target on AMETEK from $209.00 to $212.00 and gave the stock an “outperform” rating in a report 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $207.42.

AMETEK Stock Performance

Shares of AMETEK stock opened at $183.31 on Friday. The business’s fifty day simple moving average is $185.65 and its 200 day simple moving average is $177.91. The firm has a market capitalization of $42.34 billion, a P/E ratio of 29.52, a price-to-earnings-growth ratio of 2.63 and a beta of 1.11. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $198.33. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15.

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

AMETEK Announces Dividend

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

AMETEK 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.