Moran Wealth Management LLC Makes New $474,000 Investment in AMETEK, Inc. $AME

Moran Wealth Management LLC purchased a new stake in shares of AMETEK, Inc. (NYSE:AME) during the third quarter, HoldingsChannel reports. The fund purchased 2,522 shares of the technology company’s stock, valued at approximately $474,000.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in AMETEK by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 26,997,665 shares of the technology company’s stock valued at $4,885,497,000 after purchasing an additional 513,402 shares during the period. State Street Corp grew its holdings in AMETEK by 1.3% during the 2nd quarter. State Street Corp now owns 9,637,303 shares of the technology company’s stock valued at $1,743,966,000 after buying an additional 126,105 shares in the last quarter. Geode Capital Management LLC raised its position in shares of AMETEK by 1.8% during the second quarter. Geode Capital Management LLC now owns 5,794,236 shares of the technology company’s stock valued at $1,044,009,000 after buying an additional 104,139 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of AMETEK by 22.3% in the second quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock worth $769,890,000 after buying an additional 775,078 shares in the last quarter. Finally, Flossbach Von Storch SE boosted its position in shares of AMETEK by 0.4% during the second quarter. Flossbach Von Storch SE now owns 3,785,676 shares of the technology company’s stock worth $685,056,000 after acquiring an additional 15,610 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Insider Activity

In other news, insider Ronald J. Oscher sold 26,290 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $200.05, for a total value of $5,259,314.50. Following the completion of 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Thomas M. Montgomery sold 6,388 shares of the company’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the transaction, the vice president owned 22,116 shares in the company, valued at $4,534,885.80. The trade was a 22.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 163,378 shares of company stock worth $32,471,654. Insiders own 0.57% of the company’s stock.

AMETEK Trading Up 0.3%

Shares of NYSE AME opened at $210.59 on Friday. AMETEK, Inc. has a 1-year low of $145.02 and a 1-year high of $214.60. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.16 and a quick ratio of 0.72. The business’s 50 day moving average is $200.86 and its two-hundred day moving average is $190.15. The stock has a market capitalization of $48.48 billion, a P/E ratio of 33.22, a PEG ratio of 2.77 and a beta of 1.04.

AMETEK (NYSE:AME) last announced its earnings results on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.13. The firm had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.81 billion. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.The company’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.66 EPS. 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 EPS for the current year.

AMETEK Announces Dividend

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

Analyst Upgrades and Downgrades

AME has been the topic of several research analyst reports. Melius upgraded shares of AMETEK from a “hold” rating to a “buy” rating and set a $235.00 price target on the stock in a research note on Monday, January 5th. Barclays boosted their target price on AMETEK from $205.00 to $210.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Robert W. Baird increased their price target on AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Melius Research set a $235.00 price objective on AMETEK in a research note on Monday, January 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $223.75.

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.