Woodline Partners LP Boosts Holdings in AMETEK, Inc. $AME

Woodline Partners LP raised its holdings in AMETEK, Inc. (NYSE:AME) by 127.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 78,156 shares of the technology company’s stock after purchasing an additional 43,799 shares during the quarter. Woodline Partners LP’s holdings in AMETEK were worth $13,454,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Bares Capital Management Inc. acquired a new stake in AMETEK during the first quarter valued at $26,000. Olde Wealth Management LLC purchased a new stake in shares of AMETEK during the 1st quarter worth about $29,000. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of AMETEK by 57.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company’s stock valued at $33,000 after acquiring an additional 71 shares during the period. Zions Bancorporation National Association UT purchased a new position in shares of AMETEK in the 1st quarter valued at about $42,000. Finally, Minot DeBlois Advisors LLC purchased a new position in shares of AMETEK in the 4th quarter valued at about $43,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Melius cut AMETEK from a “buy” rating to a “hold” rating and set a $192.00 price target for the company. in a report on Monday, July 14th. Royal Bank Of Canada upped their price target on AMETEK from $209.00 to $212.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. TD Cowen raised AMETEK from a “sell” rating to a “hold” rating and upped their price target for the stock from $158.00 to $180.00 in a report on Tuesday, September 2nd. KeyCorp upped their price target on AMETEK from $195.00 to $205.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Finally, Morgan Stanley upped their price target on AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a report on Friday, August 8th. Seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $205.00.

AMETEK Stock Down 0.0%

Shares of NYSE AME opened at $187.43 on Thursday. The company’s 50-day simple moving average is $182.98 and its 200-day simple moving average is $177.14. AMETEK, Inc. has a 52-week low of $145.02 and a 52-week high of $198.33. The firm has a market cap of $43.29 billion, a price-to-earnings ratio of 30.18, a price-to-earnings-growth ratio of 2.70 and a beta of 1.10. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15.

AMETEK (NYSE:AME) last announced its earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.09. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The business had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same quarter last year, the business earned $1.66 earnings per share. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. Equities analysts predict that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be given a dividend of $0.31 per share. The ex-dividend date is Monday, September 15th. This represents a $1.24 dividend on an annualized basis and a yield of 0.7%. AMETEK’s payout ratio is presently 19.97%.

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.