AMETEK, Inc. $AME Position Reduced by Hutchens & Kramer Investment Management Group LLC

Hutchens & Kramer Investment Management Group LLC decreased its position in shares of AMETEK, Inc. (NYSE:AME) by 15.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 1,356 shares of the technology company’s stock after selling 249 shares during the quarter. Hutchens & Kramer Investment Management Group LLC’s holdings in AMETEK were worth $248,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AME. DAVENPORT & Co LLC grew its position in AMETEK by 0.8% in the first quarter. DAVENPORT & Co LLC now owns 7,125 shares of the technology company’s stock worth $1,226,000 after buying an additional 60 shares during the last quarter. Mutual Advisors LLC grew its position in AMETEK by 2.6% in the first quarter. Mutual Advisors LLC now owns 4,061 shares of the technology company’s stock worth $677,000 after buying an additional 104 shares during the last quarter. IFM Investors Pty Ltd grew its position in AMETEK by 10.2% in the first quarter. IFM Investors Pty Ltd now owns 44,424 shares of the technology company’s stock worth $7,628,000 after buying an additional 4,095 shares during the last quarter. Olde Wealth Management LLC acquired a new position in AMETEK in the first quarter worth approximately $29,000. Finally, Drake & Associates LLC grew its position in AMETEK by 32.7% in the first quarter. Drake & Associates LLC now owns 9,071 shares of the technology company’s stock worth $1,561,000 after buying an additional 2,237 shares during the last quarter. Institutional investors own 87.43% of the company’s stock.

AMETEK Trading Up 2.1%

AMETEK stock opened at $202.51 on Monday. The company’s fifty day simple moving average is $186.73 and its 200-day simple moving average is $180.89. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $204.15. The stock has a market cap of $46.77 billion, a P/E 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 the consensus estimate of $1.76 by $0.13. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The business had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the previous year, the company posted $1.66 EPS. AMETEK’s revenue 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. As a group, sell-side analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

The business 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. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Monday, September 15th. AMETEK’s payout ratio is currently 19.56%.

Wall Street Analysts Forecast Growth

AME has been the topic of several recent research reports. Melius lowered shares of AMETEK from a “buy” rating to a “hold” rating and set a $192.00 price target on the stock. in a research report on Monday, July 14th. DA Davidson lifted their price target on shares of AMETEK from $210.00 to $215.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Barclays lifted their price target on shares of AMETEK from $200.00 to $205.00 and gave the stock an “equal weight” rating in a research report on Friday. Weiss Ratings reiterated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, October 8th. Finally, Robert W. Baird lifted their price objective on shares of AMETEK from $190.00 to $198.00 and gave the stock a “neutral” rating in a research report on Monday, August 4th. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $210.50.

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.