Evermay Wealth Management LLC Sells 60 Shares of AMETEK, Inc. $AME

Evermay Wealth Management LLC lessened its stake in shares of AMETEK, Inc. (NYSE:AME) by 17.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 285 shares of the technology company’s stock after selling 60 shares during the quarter. Evermay Wealth Management LLC’s holdings in AMETEK were worth $52,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bares Capital Management Inc. bought a new position in shares of AMETEK during the 1st quarter worth approximately $26,000. ST Germain D J Co. Inc. lifted its position in shares of AMETEK by 628.6% during the 2nd quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock worth $28,000 after buying an additional 132 shares during the period. Olde Wealth Management LLC bought a new position in shares of AMETEK during the 1st quarter worth approximately $29,000. Annis Gardner Whiting Capital Advisors LLC lifted 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 worth $33,000 after buying an additional 71 shares during the period. Finally, Zions Bancorporation National Association UT bought a new position in shares of AMETEK during the 1st quarter worth approximately $42,000. Institutional investors own 87.43% of the company’s stock.

AMETEK Stock Up 1.0%

NYSE:AME opened at $187.40 on Tuesday. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $198.33. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $43.28 billion, a P/E ratio of 30.18, a P/E/G ratio of 2.66 and a beta of 1.11. The stock’s fifty day simple moving average is $185.79 and its 200-day simple moving average is $178.71.

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

AMETEK Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were given a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, September 15th. AMETEK’s dividend payout ratio (DPR) is currently 19.97%.

Analysts Set New Price Targets

AME has been the subject of a number of recent analyst reports. Robert W. Baird raised their price target on AMETEK from $190.00 to $198.00 and gave the company a “neutral” rating in a report on Monday, August 4th. Melius Research raised AMETEK to a “hold” rating in a report on Monday, July 14th. KeyCorp raised their price target on AMETEK from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Truist Financial raised their price target on AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. Finally, TD Cowen raised AMETEK from a “sell” rating to a “hold” rating and raised their price target for the company from $158.00 to $180.00 in a report on Tuesday, September 2nd. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $207.42.

AMETEK 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.