Sumitomo Mitsui Trust Group Inc. Raises Stock Position in AMETEK, Inc. $AME

Sumitomo Mitsui Trust Group Inc. raised its holdings in AMETEK, Inc. (NYSE:AME) by 1.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 524,946 shares of the technology company’s stock after purchasing an additional 5,149 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in AMETEK were worth $94,994,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. DAVENPORT & Co LLC lifted its holdings in 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 during the period. Alps Advisors Inc. lifted its stake in shares of AMETEK by 1.0% in the 1st quarter. Alps Advisors Inc. now owns 6,260 shares of the technology company’s stock valued at $1,078,000 after purchasing an additional 60 shares during the period. Buckhead Capital Management LLC boosted its holdings in AMETEK by 0.3% during the first quarter. Buckhead Capital Management LLC now owns 22,830 shares of the technology company’s stock worth $3,930,000 after buying an additional 65 shares in the last quarter. Signaturefd LLC grew its position in AMETEK by 1.5% during the first 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 AMETEK by 3.9% in the first quarter. Signature Estate & Investment Advisors LLC now owns 1,784 shares of the technology company’s stock valued at $307,000 after buying an additional 67 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Stock Performance

NYSE:AME opened at $186.96 on Friday. The company’s 50-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. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. The firm has a market capitalization of $43.18 billion, a price-to-earnings ratio of 30.11, a PEG ratio of 2.69 and a beta of 1.11.

AMETEK (NYSE:AME) last announced its quarterly 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 business had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.74 billion. During the same quarter last year, the firm earned $1.66 EPS. The business’s revenue was up 2.5% compared to the same quarter last year. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. Analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Announces Dividend

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

Analyst Ratings Changes

AME has been the subject of several recent analyst reports. Melius lowered AMETEK from a “buy” rating to a “hold” rating and set a $192.00 price target for the company. in a research note on Monday, July 14th. Barclays assumed 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. DA Davidson lifted their price target on shares of AMETEK from $210.00 to $215.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Royal Bank Of Canada upped their price objective on shares of AMETEK from $209.00 to $212.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of AMETEK in a research report on Friday. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $207.42.

AMETEK Company 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.