AMETEK, Inc. $AME Shares Purchased by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC boosted its position in AMETEK, Inc. (NYSE:AME) by 31.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,168 shares of the technology company’s stock after purchasing an additional 1,226 shares during the quarter. HBK Sorce Advisory LLC’s holdings in AMETEK were worth $935,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in AME. Invesco Ltd. boosted its holdings in shares of AMETEK by 127.2% during the first quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company’s stock worth $598,943,000 after purchasing an additional 1,947,831 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of AMETEK by 21.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company’s stock worth $1,888,385,000 after purchasing an additional 1,908,742 shares during the last quarter. Nuveen LLC acquired a new stake in shares of AMETEK during the first quarter worth $94,051,000. Goldman Sachs Group Inc. boosted its holdings in shares of AMETEK by 28.6% during the first quarter. Goldman Sachs Group Inc. now owns 2,178,233 shares of the technology company’s stock worth $374,961,000 after purchasing an additional 484,803 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in shares of AMETEK during the first quarter worth $72,872,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

AMETEK Stock Performance

AMETEK stock opened at $197.88 on Friday. The company has a market cap of $45.70 billion, a PE ratio of 31.86, a P/E/G ratio of 2.64 and a beta of 1.11. The company has a fifty day moving average price of $186.41 and a two-hundred day moving average price of $180.31. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $200.42.

AMETEK (NYSE:AME) last released its earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.13. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The firm had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period in the previous year, the company earned $1.66 earnings per share. AMETEK’s revenue was up 10.8% compared to the same quarter last year. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.320-7.370 EPS. Research analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Monday, September 15th. AMETEK’s dividend payout ratio is presently 19.97%.

Wall Street Analyst Weigh In

AME has been the topic of several research reports. Robert W. Baird increased their target price on AMETEK from $190.00 to $198.00 and gave the stock a “neutral” rating in a research report on Monday, August 4th. KeyCorp boosted their target price on AMETEK from $195.00 to $205.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Morgan Stanley boosted their target price on AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a report on Friday, August 8th. Truist Financial boosted their target price on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Finally, Royal Bank Of Canada increased their price target on AMETEK from $209.00 to $212.00 and gave the company an “outperform” rating in a report on Friday, August 1st. Eight investment 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 an average target price of $207.42.

About AMETEK

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.