Canada Post Corp Registered Pension Plan Purchases Shares of 3,232 AMETEK, Inc. $AME

Key Points

• Canada Post Corp Registered Pension Plan acquired 3,232 shares of AMETEK, Inc. during the 1st quarter, valued at approximately $556,000.
• Major institutional investors, including Vanguard Group and Invesco Ltd., have recently increased their stakes in AMETEK, with institutional ownership now at 87.43%.
• AMETEK reported a strong quarterly earnings performance, beating analysts' estimates with $1.78 EPS and revenue of $1.78 billion, representing a year-over-year growth of 2.5%.

Canada Post Corp Registered Pension Plan acquired a new position in AMETEK, Inc. (NYSE:AME - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,232 shares of the technology company's stock, valued at approximately $556,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AME. Invesco Ltd. grew its position in AMETEK by 127.2% during the first quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company's stock valued at $598,943,000 after buying an additional 1,947,831 shares during the period. Price T Rowe Associates Inc. MD grew its position in AMETEK by 21.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company's stock valued at $1,888,385,000 after buying an additional 1,908,742 shares during the period. Lazard Asset Management LLC grew its position in AMETEK by 393.1% during the fourth quarter. Lazard Asset Management LLC now owns 1,215,087 shares of the technology company's stock valued at $219,030,000 after buying an additional 968,661 shares during the period. GAMMA Investing LLC grew its position in shares of AMETEK by 18,368.3% in the first quarter. GAMMA Investing LLC now owns 973,280 shares of the technology company's stock valued at $167,540,000 after purchasing an additional 968,010 shares during the period. Finally, Compagnie Lombard Odier SCmA acquired a new stake in shares of AMETEK in the first quarter valued at about $113,317,000. Institutional investors and hedge funds own 87.43% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Robert W. Baird lifted their target price on shares of AMETEK from $190.00 to $198.00 and gave the company a "neutral" rating in a research report on Monday, August 4th. Mizuho lifted their target price on shares of AMETEK from $212.00 to $225.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. Melius Research upgraded shares of AMETEK to a "hold" rating in a research report on Monday, July 14th. TD Cowen upgraded shares of AMETEK from a "sell" rating to a "hold" rating and lifted their target price for the company from $158.00 to $180.00 in a research report on Tuesday, September 2nd. Finally, KeyCorp lifted their target price on shares of AMETEK from $195.00 to $205.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $205.00.

AMETEK Trading Down 1.1%

AME stock traded down $2.08 during trading on Friday, reaching $189.95. 813,138 shares of the stock were exchanged, compared to its average volume of 1,072,360. 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 business has a 50 day moving average price of $183.25 and a 200-day moving average price of $177.21. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $198.33. The firm has a market capitalization of $43.87 billion, a price-to-earnings ratio of 30.59, a P/E/G ratio of 2.76 and a beta of 1.10.

AMETEK (NYSE:AME - Get Free Report) last issued its earnings results on Thursday, July 31st. The technology company reported $1.78 EPS for the quarter, topping analysts' consensus estimates of $1.69 by $0.09. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The company had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.74 billion. During the same period in the previous year, the firm earned $1.66 earnings per share. AMETEK's quarterly revenue was up 2.5% compared to the same quarter last year. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. On average, research analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.24 dividend on an annualized basis and a yield of 0.7%. AMETEK's payout ratio is 19.97%.

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.