Ethic Inc. Acquires 671 Shares of AMETEK, Inc. $AME

Ethic Inc. lifted its position in AMETEK, Inc. (NYSE:AME) by 3.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,492 shares of the technology company’s stock after acquiring an additional 671 shares during the quarter. Ethic Inc.’s holdings in AMETEK were worth $3,880,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Banco Santander S.A. raised its holdings in shares of AMETEK by 20.8% in the first quarter. Banco Santander S.A. now owns 45,365 shares of the technology company’s stock valued at $7,809,000 after acquiring an additional 7,799 shares in the last quarter. M.D. Sass LLC raised its holdings in shares of AMETEK by 2.1% in the first quarter. M.D. Sass LLC now owns 366,994 shares of the technology company’s stock valued at $63,174,000 after acquiring an additional 7,666 shares in the last quarter. DAVENPORT & Co LLC raised its holdings 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 acquiring an additional 60 shares in the last quarter. Raiffeisen Bank International AG raised its holdings in shares of AMETEK by 16.5% in the first quarter. Raiffeisen Bank International AG now owns 44,647 shares of the technology company’s stock valued at $7,607,000 after acquiring an additional 6,318 shares in the last quarter. Finally, FORA Capital LLC raised its holdings in shares of AMETEK by 103.5% in the first quarter. FORA Capital LLC now owns 5,314 shares of the technology company’s stock valued at $915,000 after acquiring an additional 2,703 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. TD Cowen upgraded AMETEK from a “sell” rating to a “hold” rating and lifted their price objective for the company from $158.00 to $180.00 in a report on Tuesday, September 2nd. Royal Bank Of Canada boosted 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. KeyCorp boosted their target price on shares of AMETEK from $195.00 to $205.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Robert W. Baird boosted their target price on shares of AMETEK from $190.00 to $198.00 and gave the stock a “neutral” rating in a report on Monday, August 4th. Finally, Morgan Stanley boosted their target price on shares of AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a report on Friday, August 8th. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $207.42.

AMETEK Price Performance

Shares of AME stock opened at $189.24 on Friday. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $198.33. The firm has a market capitalization 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. The stock’s 50-day simple moving average is $185.91 and its 200-day simple moving average is $179.06.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates 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 quarter in the previous year, the firm earned $1.66 earnings per share. The company’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. As a group, equities analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

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

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.