KBC Group NV Raises Holdings in AMETEK, Inc. $AME

KBC Group NV increased its position in AMETEK, Inc. (NYSE:AME) by 3.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 289,634 shares of the technology company’s stock after purchasing an additional 9,063 shares during the period. KBC Group NV owned 0.13% of AMETEK worth $52,412,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. CWM LLC lifted its stake in AMETEK by 43.0% in the first quarter. CWM LLC now owns 18,109 shares of the technology company’s stock valued at $3,117,000 after buying an additional 5,443 shares during the last quarter. Bleakley Financial Group LLC increased its holdings in shares of AMETEK by 3.8% in the 1st quarter. Bleakley Financial Group LLC now owns 12,937 shares of the technology company’s stock valued at $2,227,000 after acquiring an additional 479 shares during the period. Signaturefd LLC increased its holdings in shares of AMETEK by 1.5% in the 1st quarter. Signaturefd LLC now owns 4,625 shares of the technology company’s stock valued at $796,000 after acquiring an additional 67 shares during the period. Apollon Wealth Management LLC raised its position in AMETEK by 9.9% in the 1st quarter. Apollon Wealth Management LLC now owns 12,871 shares of the technology company’s stock valued at $2,216,000 after purchasing an additional 1,164 shares during the last quarter. Finally, Whittier Trust Co. boosted its stake in AMETEK by 7.2% during the 1st quarter. Whittier Trust Co. now owns 3,126 shares of the technology company’s stock worth $538,000 after purchasing an additional 210 shares during the period. 87.43% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related 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 sale, the insider owned 40,226 shares of the company’s stock, valued at approximately $8,047,211.30. This represents a 39.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.57% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. KeyCorp lifted their price objective on shares of AMETEK from $205.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Truist Financial raised their price target on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Mizuho upped their price objective on AMETEK from $212.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Robert W. Baird increased their price objective on AMETEK from $198.00 to $204.00 and gave the stock a “neutral” rating in a research report on Monday, November 3rd. Finally, Royal Bank Of Canada lifted their target price on AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $211.00.

AMETEK Stock Performance

Shares of AME stock opened at $197.72 on Thursday. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15. The stock has a 50 day simple moving average of $188.68 and a 200-day simple moving average of $182.80. The company has a market cap of $45.51 billion, a price-to-earnings ratio of 31.84, a price-to-earnings-growth 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.

AMETEK (NYSE:AME) last released its quarterly earnings data 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. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The firm had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the prior year, the business posted $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. On average, equities analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Friday, December 5th will be paid 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 19.56%.

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.