AMETEK, Inc. $AME Shares Acquired by Profund Advisors LLC

Profund Advisors LLC raised its position in shares of AMETEK, Inc. (NYSE:AME) by 20.6% in the second quarter, HoldingsChannel reports. The firm owned 2,909 shares of the technology company’s stock after acquiring an additional 496 shares during the period. Profund Advisors LLC’s holdings in AMETEK were worth $526,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Buckhead Capital Management LLC boosted its position in shares of 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 during the period. SouthState Corp boosted its position in AMETEK by 47.4% during the 2nd quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after acquiring an additional 65 shares during the period. Signaturefd LLC grew its stake in shares of AMETEK by 1.5% in the first quarter. Signaturefd LLC now owns 4,625 shares of the technology company’s stock worth $796,000 after purchasing an additional 67 shares in the last quarter. Signature Estate & Investment Advisors LLC increased its holdings in shares of AMETEK by 3.9% during the first quarter. Signature Estate & Investment Advisors LLC now owns 1,784 shares of the technology company’s stock valued at $307,000 after purchasing an additional 67 shares during the period. Finally, First Horizon Advisors Inc. raised its stake in shares of AMETEK by 3.0% during the second quarter. First Horizon Advisors Inc. now owns 2,335 shares of the technology company’s stock valued at $423,000 after purchasing an additional 69 shares in the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Insider Buying and Selling

In other AMETEK news, insider Ronald J. Oscher sold 26,290 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $200.05, for a total value of $5,259,314.50. Following the completion of the transaction, the insider directly owned 40,226 shares in the company, valued at $8,047,211.30. This trade represents a 39.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.57% of the company’s stock.

AMETEK Stock Up 0.0%

NYSE AME opened at $197.72 on Thursday. The company has a market capitalization of $45.51 billion, a P/E ratio of 31.84, a PEG ratio of 2.64 and a beta of 1.12. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $204.15. 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 company’s 50 day simple moving average is $188.68 and its 200 day simple moving average is $182.80.

AMETEK (NYSE:AME) last posted its quarterly 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 firm had revenue of $1.89 billion for 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 quarter in the previous year, the business posted $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. Equities research analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 5th will be issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 0.6%. The ex-dividend date is Friday, December 5th. AMETEK’s payout ratio is presently 19.56%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on AME. DA Davidson increased their target price on shares of AMETEK from $210.00 to $215.00 and gave the company a “buy” rating in a research report on Friday, August 1st. TD Cowen raised shares of AMETEK from a “sell” rating to a “hold” rating and upped their price target for the stock from $158.00 to $180.00 in a research note on Tuesday, September 2nd. Wall Street Zen upgraded shares of AMETEK from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Barclays boosted their target price on AMETEK from $200.00 to $205.00 and gave the stock an “equal weight” rating in a report on Friday, October 31st. Finally, Truist Financial increased their price target on AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $211.00.

AMETEK 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.