AMETEK, Inc. $AME Shares Purchased by R Squared Ltd

R Squared Ltd increased its stake in shares of AMETEK, Inc. (NYSE:AME) by 283.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 7,484 shares of the technology company’s stock after acquiring an additional 5,534 shares during the quarter. AMETEK makes up about 0.7% of R Squared Ltd’s investment portfolio, making the stock its 21st largest position. R Squared Ltd’s holdings in AMETEK were worth $1,354,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in AME. DAVENPORT & Co LLC raised its holdings in shares of AMETEK by 0.8% during the 1st quarter. DAVENPORT & Co LLC now owns 7,125 shares of the technology company’s stock worth $1,226,000 after acquiring an additional 60 shares during the period. Alps Advisors Inc. raised its stake in AMETEK by 1.0% during the first quarter. Alps Advisors Inc. now owns 6,260 shares of the technology company’s stock worth $1,078,000 after purchasing an additional 60 shares during the period. Buckhead Capital Management LLC boosted its holdings in AMETEK by 0.3% in the 1st 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 last quarter. Signaturefd LLC grew its stake in shares of AMETEK by 1.5% in the 1st quarter. Signaturefd LLC now owns 4,625 shares of the technology company’s stock valued at $796,000 after buying an additional 67 shares during the period. Finally, Signature Estate & Investment Advisors LLC increased its holdings in shares of AMETEK by 3.9% during the 1st quarter. Signature Estate & Investment Advisors LLC now owns 1,784 shares of the technology company’s stock worth $307,000 after buying an additional 67 shares during the last quarter. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

AMETEK Trading Up 2.3%

NYSE AME opened at $189.24 on Friday. AMETEK, Inc. has a one year low of $145.02 and a one year high of $198.33. The firm has a 50 day simple moving average of $185.91 and a 200-day simple moving average of $179.06. The firm has a market cap of $43.71 billion, a price-to-earnings ratio of 30.47, a PEG ratio of 2.65 and a beta of 1.11. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.63.

AMETEK (NYSE:AME) last released its earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share (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 company had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same period in the prior year, the business earned $1.66 EPS. The firm’s quarterly 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 anticipate that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given 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 yield of 0.7%. AMETEK’s dividend payout ratio (DPR) is currently 19.97%.

Analysts Set New Price Targets

Several brokerages recently weighed in on AME. Barclays initiated coverage on AMETEK in a research report on Wednesday, September 10th. They issued an “equal weight” rating and a $200.00 price objective for the company. Morgan Stanley raised their price objective on AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a research report on Friday, August 8th. Truist Financial increased their target price on shares of AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. KeyCorp boosted their price target on shares of AMETEK from $195.00 to $205.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Finally, Mizuho upped their price objective on shares of AMETEK from $212.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average 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.