L. Roy Papp & Associates LLP Boosts Holdings in AMETEK, Inc. $AME

L. Roy Papp & Associates LLP grew its position in shares of AMETEK, Inc. (NYSE:AME) by 17.7% in the third quarter, Holdings Channel reports. The institutional investor owned 43,688 shares of the technology company’s stock after buying an additional 6,582 shares during the period. AMETEK accounts for 0.9% of L. Roy Papp & Associates LLP’s holdings, making the stock its 29th biggest holding. L. Roy Papp & Associates LLP’s holdings in AMETEK were worth $8,213,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Buckhead Capital Management LLC raised its holdings in AMETEK by 1.3% during the third quarter. Buckhead Capital Management LLC now owns 18,030 shares of the technology company’s stock worth $3,390,000 after purchasing an additional 240 shares in the last quarter. North Capital Inc. raised its stake in shares of AMETEK by 47.2% during the 3rd quarter. North Capital Inc. now owns 468 shares of the technology company’s stock worth $88,000 after buying an additional 150 shares in the last quarter. Whalen Wealth Management Inc. acquired a new stake in shares of AMETEK in the 3rd quarter valued at approximately $282,000. Riversedge Advisors LLC purchased a new stake in shares of AMETEK in the third quarter valued at approximately $291,000. Finally, Czech National Bank grew its holdings in AMETEK by 3.9% during the third quarter. Czech National Bank now owns 58,658 shares of the technology company’s stock worth $11,028,000 after acquiring an additional 2,223 shares during the period. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Stock Performance

NYSE:AME opened at $203.25 on Friday. The company has a current ratio of 1.16, a quick ratio of 0.72 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $46.79 billion, a P/E ratio of 32.06, a price-to-earnings-growth ratio of 2.87 and a beta of 1.04. The firm has a 50-day moving average price of $194.55 and a two-hundred day moving average price of $186.86. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $204.43.

AMETEK (NYSE:AME) last announced its quarterly earnings results 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. The company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.81 billion. AMETEK had a net margin of 20.50% and a return on equity of 16.66%. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.66 earnings per share. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. As a group, research analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 5th were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Friday, December 5th. AMETEK’s dividend payout ratio is 19.56%.

Wall Street Analyst Weigh In

A number of research firms have commented on AME. Robert W. Baird raised their target price on AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. Wall Street Zen upgraded shares of AMETEK from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Truist Financial boosted their price objective on shares of AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. TD Cowen raised shares of AMETEK from a “sell” rating to a “hold” rating and increased their target price for the company from $158.00 to $180.00 in a report on Tuesday, September 2nd. Finally, KeyCorp boosted their price target on AMETEK from $205.00 to $220.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $212.00.

Insiders Place Their Bets

In related news, insider Thomas C. Marecic sold 14,310 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the sale, the insider owned 42,589 shares of the company’s stock, valued at $8,607,662.79. This trade represents a 25.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ronald J. Oscher sold 26,290 shares of the business’s stock in a transaction dated Friday, October 31st. The shares were 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 of the company’s stock, valued at $8,047,211.30. The trade was a 39.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 156,990 shares of company stock valued at $31,161,795. Corporate insiders own 0.57% of the company’s stock.

AMETEK 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.