PDS Planning Inc Has $255,000 Stock Position in AMETEK, Inc. $AME

PDS Planning Inc reduced its holdings in shares of AMETEK, Inc. (NYSE:AME) by 8.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,407 shares of the technology company’s stock after selling 130 shares during the quarter. PDS Planning Inc’s holdings in AMETEK were worth $255,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AME. DAVENPORT & Co LLC raised its position in shares of AMETEK by 0.8% in the first quarter. DAVENPORT & Co LLC now owns 7,125 shares of the technology company’s stock valued at $1,226,000 after purchasing an additional 60 shares during the period. Alps Advisors Inc. raised its position in shares of AMETEK by 1.0% in the first quarter. Alps Advisors Inc. now owns 6,260 shares of the technology company’s stock valued at $1,078,000 after purchasing an additional 60 shares during the period. EWA LLC raised its position in shares of AMETEK by 4.9% in the first quarter. EWA LLC now owns 1,382 shares of the technology company’s stock valued at $238,000 after purchasing an additional 65 shares during the period. Buckhead Capital Management LLC raised its position in shares of AMETEK by 0.3% in the first quarter. Buckhead Capital Management LLC now owns 22,830 shares of the technology company’s stock valued at $3,930,000 after purchasing an additional 65 shares during the period. Finally, Signaturefd LLC raised its position in shares of AMETEK by 1.5% in the first quarter. Signaturefd LLC now owns 4,625 shares of the technology company’s stock valued at $796,000 after purchasing an additional 67 shares during the period. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on AME. DA Davidson boosted their price target on shares of AMETEK from $210.00 to $215.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Melius lowered shares of AMETEK from a “buy” rating to a “hold” rating and set a $192.00 target price on the stock. in a report on Monday, July 14th. Truist Financial upped their target price on shares of AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a report on Wednesday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. Finally, Royal Bank Of Canada upped their target price on shares of AMETEK from $209.00 to $212.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $207.42.

AMETEK Price Performance

AME stock opened at $179.28 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. AMETEK, Inc. has a one year low of $145.02 and a one year high of $198.33. The stock has a market cap of $41.40 billion, a PE ratio of 28.87, a P/E/G ratio of 2.57 and a beta of 1.11. The firm has a 50 day simple moving average of $185.60 and a two-hundred day simple moving average of $177.93.

AMETEK (NYSE:AME) last released its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $1.74 billion. During the same quarter in the previous year, the company earned $1.66 EPS. The business’s quarterly revenue 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. On average, analysts predict that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a $0.31 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.7%. AMETEK’s dividend payout ratio is 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.