AG2R LA Mondiale Gestion D Actifs Raises Stake in AMETEK, Inc. $AME

AG2R LA Mondiale Gestion D Actifs lifted its stake in shares of AMETEK, Inc. (NYSE:AMEFree Report) by 3.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,560 shares of the technology company’s stock after buying an additional 282 shares during the quarter. AG2R LA Mondiale Gestion D Actifs’ holdings in AMETEK were worth $1,730,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Focus Partners Advisor Solutions LLC lifted its position in shares of AMETEK by 23.0% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 11,360 shares of the technology company’s stock worth $2,056,000 after buying an additional 2,121 shares during the last quarter. Keeler Thomas Management LLC purchased a new stake in shares of AMETEK during the 2nd quarter worth approximately $1,303,000. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of AMETEK by 1.0% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 524,946 shares of the technology company’s stock worth $94,994,000 after buying an additional 5,149 shares during the last quarter. Ground Swell Capital LLC purchased a new stake in shares of AMETEK during the 2nd quarter worth approximately $252,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in shares of AMETEK during the 2nd quarter worth approximately $82,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Stock Performance

Shares of AME opened at $186.96 on Friday. 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 has a market capitalization of $43.18 billion, a P/E ratio of 30.11, a P/E/G ratio of 2.69 and a beta of 1.11. The company’s fifty day moving average is $186.02 and its two-hundred day moving average is $179.50. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $198.33.

AMETEK (NYSE:AMEGet Free Report) last announced its quarterly earnings data on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.09. The company had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.74 billion. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. AMETEK’s revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.66 EPS. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. On average, sell-side analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were paid a $0.31 dividend. 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 payout ratio is currently 19.97%.

Wall Street Analyst Weigh In

AME has been the subject of several recent analyst reports. Melius Research upgraded shares of AMETEK to a “hold” rating in a research report on Monday, July 14th. Royal Bank Of Canada lifted their target price on shares of AMETEK from $209.00 to $212.00 and gave the company an “outperform” rating in a report on Friday, August 1st. TD Cowen raised shares of AMETEK from a “sell” rating to a “hold” rating and lifted their target price for the company from $158.00 to $180.00 in a report on Tuesday, September 2nd. Melius cut 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. Finally, KeyCorp lifted their target price on shares of AMETEK from $195.00 to $205.00 and gave the company an “overweight” 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 stock. According to MarketBeat, AMETEK presently has a consensus rating of “Moderate Buy” and an average target price of $207.42.

Check Out Our Latest Stock Report on AMETEK

About AMETEK

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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