Mountain Pacific Investment Advisers LLC Has $36.04 Million Holdings in AMETEK, Inc. $AME

Mountain Pacific Investment Advisers LLC cut its position in shares of AMETEK, Inc. (NYSE:AME) by 46.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 191,686 shares of the technology company’s stock after selling 164,024 shares during the quarter. AMETEK comprises 5.6% of Mountain Pacific Investment Advisers LLC’s investment portfolio, making the stock its 2nd biggest holding. Mountain Pacific Investment Advisers LLC owned approximately 0.08% of AMETEK worth $36,037,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new stake in shares of AMETEK during the 2nd quarter valued at $25,000. ST Germain D J Co. Inc. lifted its position in AMETEK by 628.6% during the 2nd 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 period. NewSquare Capital LLC lifted its position 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 during the period. TruNorth Capital Management LLC bought a new stake in AMETEK during the third quarter worth about $31,000. Finally, SouthState Corp grew its holdings in AMETEK by 47.4% in the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after purchasing an additional 65 shares during the period. Institutional investors own 87.43% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Robert W. Baird lifted their target price on shares of AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. Melius Research set a $235.00 price objective on AMETEK in a research report on Monday, January 5th. Royal Bank Of Canada lifted their price objective on AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. KeyCorp boosted their target price on AMETEK from $220.00 to $235.00 and gave the stock an “overweight” rating in a report on Tuesday, January 6th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, AMETEK has an average rating of “Moderate Buy” and a consensus price target of $229.82.

Insider Activity at AMETEK

In related news, VP Thomas M. Montgomery sold 6,388 shares of the stock in a transaction that occurred on 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. This represents a 22.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ronald J. Oscher sold 26,290 shares of the firm’s 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 completion of the sale, the insider owned 40,226 shares in the company, valued at $8,047,211.30. This represents a 39.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 163,378 shares of company stock worth $32,471,654 over the last quarter. 0.57% of the stock is currently owned by insiders.

AMETEK Stock Performance

AME stock opened at $220.69 on Thursday. The stock has a market capitalization of $50.80 billion, a PE ratio of 34.81, a price-to-earnings-growth ratio of 2.79 and a beta of 1.04. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $221.35. 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 stock’s 50 day simple moving average is $203.49 and its 200 day simple moving average is $191.96.

AMETEK (NYSE:AME) last posted 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. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.The business had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same quarter last year, the company 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. As a group, research analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 5th were given a $0.31 dividend. The ex-dividend date of this dividend 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%.

About AMETEK

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.