Bogart Wealth LLC increased its stake in shares of AMETEK, Inc. (NYSE:AME – Free Report) by 2.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,667 shares of the technology company’s stock after purchasing an additional 487 shares during the quarter. Bogart Wealth LLC’s holdings in AMETEK were worth $4,102,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in AME. Invesco Ltd. lifted its stake in shares of AMETEK by 127.2% during the 1st quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company’s stock worth $598,943,000 after purchasing an additional 1,947,831 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in AMETEK by 21.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company’s stock valued at $1,888,385,000 after buying an additional 1,908,742 shares in the last quarter. Nuveen LLC acquired a new position in AMETEK during the 1st quarter valued at about $94,051,000. Goldman Sachs Group Inc. increased its position in AMETEK by 28.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,178,233 shares of the technology company’s stock valued at $374,961,000 after buying an additional 484,803 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. acquired a new position in AMETEK during the 1st quarter valued at about $72,872,000. 87.43% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
AME has been the topic of several recent analyst reports. Mizuho upped their target price on AMETEK from $212.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Truist Financial upped their target price on AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. Melius Research raised AMETEK to a “hold” rating in a research report on Monday, July 14th. DA Davidson increased their price objective on AMETEK from $210.00 to $215.00 and gave the company a “buy” rating in a report on Friday, August 1st. Finally, Royal Bank Of Canada increased their price objective on AMETEK from $209.00 to $212.00 and gave the company an “outperform” rating in a report on Friday, August 1st. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $207.42.
AMETEK Stock Up 0.6%
Shares of AME stock opened at $185.66 on Monday. The stock’s 50-day simple moving average is $185.69 and its 200-day simple moving average is $178.46. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.63. The firm has a market capitalization of $42.88 billion, a PE ratio of 29.90, a P/E/G ratio of 2.66 and a beta of 1.11. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $198.33.
AMETEK (NYSE:AME – Get Free Report) last posted its earnings results on Thursday, July 31st. The technology company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.69 by $0.09. The firm had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.74 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.AMETEK’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the company earned $1.66 earnings per share. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. Equities analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current year.
AMETEK Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Monday, September 15th. AMETEK’s dividend payout ratio (DPR) is 19.97%.
About AMETEK
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.
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