Kera Capital Partners Inc. bought a new position in shares of AMETEK, Inc. (NYSE:AME – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 3,579 shares of the technology company’s stock, valued at approximately $673,000.
A number of other institutional investors and hedge funds have also made changes to their positions in AME. Darwin Wealth Management LLC acquired a new position in AMETEK in the 2nd quarter valued at $25,000. ST Germain D J Co. Inc. boosted 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 worth $28,000 after acquiring an additional 132 shares during the last quarter. NewSquare Capital LLC grew its stake in AMETEK by 129.7% during the 2nd quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock valued at $31,000 after acquiring an additional 96 shares in the last quarter. TruNorth Capital Management LLC purchased a new position in AMETEK in the 3rd quarter worth approximately $31,000. Finally, SouthState Corp increased 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 valued at $37,000 after purchasing an additional 65 shares during the last quarter. 87.43% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at AMETEK
In related news, insider Thomas C. Marecic sold 14,310 shares of AMETEK stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $202.11, for a total value of $2,892,194.10. Following the completion of the transaction, the insider owned 42,589 shares in the company, valued at approximately $8,607,662.79. The trade was a 25.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Ronald J. Oscher sold 26,290 shares of the stock in a transaction that occurred 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 sale, the insider owned 40,226 shares in the company, valued at approximately $8,047,211.30. This trade represents a 39.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 163,378 shares of company stock worth $32,471,654. 0.57% of the stock is owned by company insiders.
AMETEK Stock Up 0.9%
AMETEK (NYSE:AME – Get Free Report) last posted its quarterly earnings data on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.13. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.The firm had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the previous year, the business earned $1.66 EPS. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. Research analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current year.
AMETEK Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 5th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, December 5th. AMETEK’s dividend payout ratio is currently 19.56%.
Analysts Set New Price Targets
Several research analysts have recently weighed in on AME shares. KeyCorp boosted their price target on shares of AMETEK from $220.00 to $235.00 and gave the company an “overweight” rating in a research report on Tuesday, January 6th. Cowen raised shares of AMETEK from a “sell” rating to a “buy” rating in a research note on Tuesday, December 23rd. Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Mizuho increased their price objective on AMETEK from $225.00 to $230.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. Finally, Melius Research set a $235.00 price target on AMETEK in a report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $225.17.
Get Our Latest Analysis on AMETEK
AMETEK Company Profile
AMETEK, Inc is a global manufacturer of electronic instruments and electromechanical devices that serves a broad range of industries. Headquartered in Berwyn, Pennsylvania, the company designs and produces precision instruments, electronic measurement devices, specialty sensors, and electric motors and motion control systems. Its product portfolio includes analytical and monitoring instruments, calibration equipment, power supplies, embedded electronics, and industrial motors and drives used for critical applications.
The company operates through two primary business platforms — an electronic instruments group focused on analytical, test and measurement and sensor products, and an electromechanical group that supplies motors, actuators, and related power and motion solutions.
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