GHP Investment Advisors Inc. Acquires 6,027 Shares of AMETEK, Inc. $AME

GHP Investment Advisors Inc. raised its holdings in AMETEK, Inc. (NYSE:AME) by 8.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 74,327 shares of the technology company’s stock after buying an additional 6,027 shares during the quarter. GHP Investment Advisors Inc.’s holdings in AMETEK were worth $13,450,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in AME. Invesco Ltd. grew its position in shares of AMETEK by 127.2% in the 1st quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company’s stock worth $598,943,000 after buying an additional 1,947,831 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in AMETEK by 21.1% in 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 buying an additional 1,908,742 shares in the last quarter. Nuveen LLC bought a new position in AMETEK in the first quarter worth about $94,051,000. Goldman Sachs Group Inc. raised its stake in AMETEK by 28.6% in the first quarter. Goldman Sachs Group Inc. now owns 2,178,233 shares of the technology company’s stock worth $374,961,000 after buying an additional 484,803 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. bought a new position in AMETEK in the first quarter worth about $72,872,000. 87.43% of the stock is currently owned by institutional investors.

AMETEK Price Performance

Shares of NYSE AME opened at $202.51 on Friday. The company has a 50 day simple moving average of $186.73 and a two-hundred day simple moving average of $180.74. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $204.15. 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 company has a market capitalization of $46.77 billion, a price-to-earnings ratio of 32.61, a P/E/G ratio of 2.64 and a beta of 1.11.

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

AMETEK Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued 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 0.6%. AMETEK’s dividend payout ratio is presently 19.56%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on AME shares. KeyCorp increased their price target on shares of AMETEK from $205.00 to $220.00 and gave the stock an “overweight” rating in a research note on Friday. TD Cowen raised shares of AMETEK from a “sell” rating to a “hold” rating and increased their price target for the stock from $158.00 to $180.00 in a research note on Tuesday, September 2nd. Mizuho increased their price target on shares of AMETEK from $212.00 to $225.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Barclays increased their price target on shares of AMETEK from $200.00 to $205.00 and gave the stock an “equal weight” rating in a research note on Friday. Finally, DA Davidson raised their target price 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. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $210.50.

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.