Rhumbline Advisers Raises Stake in AMETEK, Inc. $AME

Rhumbline Advisers increased its stake in shares of AMETEK, Inc. (NYSE:AME) by 0.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 461,165 shares of the technology company’s stock after buying an additional 3,864 shares during the period. Rhumbline Advisers’ holdings in AMETEK were worth $83,452,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Banco Santander S.A. raised its holdings in shares of AMETEK by 20.8% in the 1st quarter. Banco Santander S.A. now owns 45,365 shares of the technology company’s stock worth $7,809,000 after purchasing an additional 7,799 shares during the period. M.D. Sass LLC raised its stake in shares of AMETEK by 2.1% in the first quarter. M.D. Sass LLC now owns 366,994 shares of the technology company’s stock valued at $63,174,000 after buying an additional 7,666 shares during the period. Raiffeisen Bank International AG lifted its position in shares of AMETEK by 16.5% during the 1st quarter. Raiffeisen Bank International AG now owns 44,647 shares of the technology company’s stock valued at $7,607,000 after buying an additional 6,318 shares during the last quarter. KBC Group NV grew its stake in shares of AMETEK by 3.2% during the 2nd quarter. KBC Group NV now owns 289,634 shares of the technology company’s stock worth $52,412,000 after acquiring an additional 9,063 shares during the period. Finally, FORA Capital LLC increased its holdings in AMETEK by 103.5% in the 1st quarter. FORA Capital LLC now owns 5,314 shares of the technology company’s stock worth $915,000 after acquiring an additional 2,703 shares during the last quarter. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Royal Bank Of Canada lifted their target price on shares of AMETEK from $212.00 to $229.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. TD Cowen raised shares of AMETEK from a “sell” rating to a “hold” rating and raised their price objective for the stock from $158.00 to $180.00 in a report on Tuesday, September 2nd. Mizuho boosted their target price on shares of AMETEK from $212.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, August 1st. Truist Financial increased their target price on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Finally, Robert W. Baird lifted their price target on AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Eight investment 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.com, AMETEK has an average rating of “Moderate Buy” and an average price target of $211.00.

AMETEK Stock Performance

AMETEK stock opened at $195.21 on Monday. AMETEK, Inc. has a 1-year low of $145.02 and a 1-year high of $204.15. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $44.94 billion, a PE ratio of 31.43, a price-to-earnings-growth ratio of 2.64 and a beta of 1.12. The firm’s 50 day simple moving average is $189.16 and its 200 day simple moving average is $184.06.

AMETEK (NYSE:AME) last released its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.13. The firm had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.81 billion. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The business’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.66 EPS. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.320-7.370 EPS. As a group, analysts expect 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 will be paid on Friday, December 19th. Shareholders of record on Friday, December 5th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Friday, December 5th. AMETEK’s dividend payout ratio is currently 19.56%.

Insider Buying and Selling at AMETEK

In other news, insider Ronald J. Oscher sold 26,290 shares of AMETEK stock in a transaction dated 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 approximately $8,047,211.30. This trade represents a 39.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.57% of the stock is currently owned by insiders.

AMETEK Company 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.