4,012 Shares in AMETEK, Inc. $AME Purchased by Northwest & Ethical Investments L.P.

Key Points

• Northwest & Ethical Investments L.P. acquired 4,012 shares of AMETEK, Inc. valued at approximately $690,000 in the first quarter.
• Several brokerages have raised their price targets on AMETEK, with estimates now ranging from $198.00 to $225.00, reflecting positive outlooks from analysts.
• AMETEK recently declared a quarterly dividend of $0.31 per share, representing a 0.7% yield and a payout ratio of 19.97%.

Northwest & Ethical Investments L.P. bought a new position in AMETEK, Inc. (NYSE:AME - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,012 shares of the technology company's stock, valued at approximately $690,000.

Several other large investors also recently added to or reduced their stakes in AME. Invesco Ltd. grew its position in AMETEK by 127.2% in the first quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company's stock worth $598,943,000 after acquiring an additional 1,947,831 shares in the last quarter. Lazard Asset Management LLC grew its position in AMETEK by 393.1% in the fourth quarter. Lazard Asset Management LLC now owns 1,215,087 shares of the technology company's stock worth $219,030,000 after acquiring an additional 968,661 shares in the last quarter. GAMMA Investing LLC grew its position in AMETEK by 18,368.3% in the first quarter. GAMMA Investing LLC now owns 973,280 shares of the technology company's stock worth $167,540,000 after acquiring an additional 968,010 shares in the last quarter. Compagnie Lombard Odier SCmA bought a new stake in AMETEK in the first quarter worth approximately $113,317,000. Finally, Alteri Wealth LLC bought a new stake in shares of AMETEK during the 4th quarter worth $114,769,000. 87.43% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

AME has been the subject of several recent analyst reports. KeyCorp upped their price objective on shares of AMETEK from $195.00 to $205.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Melius Research raised shares of AMETEK to a "hold" rating in a report on Monday, July 14th. Mizuho upped their price objective on shares of AMETEK from $212.00 to $225.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Melius downgraded shares of AMETEK from a "buy" rating to a "hold" rating and set a $192.00 price objective for the company. in a report on Monday, July 14th. Finally, Truist Financial upped their price objective on shares of AMETEK from $196.00 to $200.00 and gave the stock a "buy" rating in a report on Monday, May 5th. Seven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $208.00.

AMETEK Stock Performance

AMETEK stock traded down $1.9930 during mid-day trading on Monday, reaching $184.9570. The company had a trading volume of 133,402 shares, compared to its average volume of 1,365,726. 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 52 week low of $145.02 and a 52 week high of $198.33. The company has a 50 day moving average of $181.08 and a 200-day moving average of $176.95. The firm has a market cap of $42.72 billion, a price-to-earnings ratio of 29.79, a PEG ratio of 2.69 and a beta of 1.10.

AMETEK (NYSE:AME - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share for the quarter, beating 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 firm had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.74 billion. During the same period in the prior year, the firm earned $1.66 EPS. The business's revenue was up 2.5% on a year-over-year basis. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. On average, sell-side analysts expect that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Announces Dividend

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

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.