Aviva PLC Increases Stake in AMETEK, Inc. $AME

Aviva PLC raised its holdings in shares of AMETEK, Inc. (NYSE:AME) by 6.9% during the 2nd quarter, Holdings Channel.com reports. The firm owned 172,699 shares of the technology company’s stock after acquiring an additional 11,091 shares during the quarter. Aviva PLC’s holdings in AMETEK were worth $31,252,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. Los Angeles Capital Management LLC purchased a new stake in shares of AMETEK during the 2nd quarter valued at approximately $202,000. AE Wealth Management LLC bought a new stake in AMETEK during the 2nd quarter valued at $288,000. Harvest Portfolios Group Inc. boosted its holdings in shares of AMETEK by 9.7% in the second quarter. Harvest Portfolios Group Inc. now owns 10,971 shares of the technology company’s stock worth $1,985,000 after acquiring an additional 966 shares during the period. Vestmark Advisory Solutions Inc. grew its position in shares of AMETEK by 165.8% in the second quarter. Vestmark Advisory Solutions Inc. now owns 13,831 shares of the technology company’s stock valued at $2,503,000 after purchasing an additional 8,627 shares in the last quarter. Finally, Savant Capital LLC raised its stake in shares of AMETEK by 266.1% during the 2nd quarter. Savant Capital LLC now owns 14,157 shares of the technology company’s stock valued at $2,562,000 after purchasing an additional 10,290 shares during the period. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on AME shares. DA Davidson raised their target price on AMETEK from $210.00 to $215.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Barclays raised their price objective on shares of AMETEK from $200.00 to $205.00 and gave the company an “equal weight” rating in a research report on Friday, October 31st. TD Cowen raised shares of AMETEK from a “sell” rating to a “hold” rating and upped their target price for the stock from $158.00 to $180.00 in a report on Tuesday, September 2nd. Royal Bank Of Canada raised their price target on shares of AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Finally, KeyCorp boosted their price target on shares of AMETEK from $205.00 to $220.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $211.00.

AMETEK Price Performance

Shares of NYSE:AME opened at $196.23 on Monday. The company’s fifty day moving average price is $187.88 and its 200-day moving average price is $182.27. 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 $45.17 billion, a price-to-earnings ratio of 31.60, a PEG ratio of 2.64 and a beta of 1.12. AMETEK, Inc. has a one year low of $145.02 and a one year high of $204.15.

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

AMETEK Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Friday, December 5th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, December 5th. AMETEK’s dividend payout ratio (DPR) is currently 19.56%.

Insiders Place Their Bets

In other AMETEK news, insider Ronald J. Oscher sold 26,290 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $200.05, for a total value of $5,259,314.50. Following the completion of the sale, the insider owned 40,226 shares of the company’s stock, valued at $8,047,211.30. This represents a 39.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.57% of the stock is owned by insiders.

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.