Greenleaf Trust Sells 480 Shares of AMETEK, Inc. $AME

Greenleaf Trust decreased its position in shares of AMETEK, Inc. (NYSE:AME) by 11.5% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,703 shares of the technology company’s stock after selling 480 shares during the period. Greenleaf Trust’s holdings in AMETEK were worth $670,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Bares Capital Management Inc. bought a new position in AMETEK during the first quarter valued at $26,000. ST Germain D J Co. Inc. increased its position in 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 acquiring an additional 132 shares during the last quarter. Olde Wealth Management LLC bought a new position in AMETEK during the first quarter valued at $29,000. Annis Gardner Whiting Capital Advisors LLC increased its position in 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 acquiring an additional 71 shares during the last quarter. Finally, Zions Bancorporation National Association UT bought a new position in AMETEK during the first quarter valued at $42,000. Institutional investors own 87.43% of the company’s stock.

Wall Street Analyst Weigh In

AME has been the topic of a number of analyst reports. Robert W. Baird boosted their price objective on shares of AMETEK from $190.00 to $198.00 and gave the company a “neutral” rating in a research report on Monday, August 4th. Morgan Stanley upped their price target on shares of AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a report on Friday, August 8th. Royal Bank Of Canada upped their price target on shares of AMETEK from $209.00 to $212.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Melius cut shares of AMETEK from a “buy” rating to a “hold” rating and set a $192.00 price target on the stock. in a report on Monday, July 14th. Finally, Melius Research upgraded shares of AMETEK to a “hold” rating in a report on Monday, July 14th. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $205.00.

AMETEK Stock Down 0.7%

NYSE:AME opened at $186.15 on Friday. AMETEK, Inc. has a 1-year low of $145.02 and a 1-year high of $198.33. The company has a 50-day moving average of $185.34 and a 200 day moving average of $177.69. The firm has a market cap of $42.99 billion, a PE ratio of 29.98, a price-to-earnings-growth ratio of 2.70 and a beta of 1.11. 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 (NYSE:AME) last released its quarterly earnings data on Thursday, July 31st. The technology company reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.09. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The company had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same period in the prior year, the firm earned $1.66 earnings per share. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. 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, research analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, September 15th. AMETEK’s dividend 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.