Advisors Asset Management Inc. Has $1.15 Million Stock Holdings in AMETEK, Inc. $AME

Key Points

• Advisors Asset Management Inc. increased its stake in AMETEK, Inc. by 62.4% in Q1, owning 6,668 shares valued at approximately $1.15 million as of their latest SEC filing.
• AMETEK has received favorable analyst ratings, with price targets raised by firms like Mizuho and Morgan Stanley, reflecting a consensus rating of "Moderate Buy" and an average price target of $205.00.
• The company recently announced a quarterly dividend of $0.31 per share, with a dividend yield of 0.6%, indicating a healthy payout ratio of 19.97%.

Advisors Asset Management Inc. raised its stake in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 62.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,668 shares of the technology company's stock after purchasing an additional 2,561 shares during the period. Advisors Asset Management Inc.'s holdings in AMETEK were worth $1,148,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of AME. Invesco Ltd. grew its stake in shares of 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 during the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of AMETEK by 21.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company's stock worth $1,888,385,000 after acquiring an additional 1,908,742 shares during the last quarter. Lazard Asset Management LLC grew its stake in shares of 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 during the last quarter. GAMMA Investing LLC grew its stake 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 worth $167,540,000 after acquiring an additional 968,010 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA acquired a new stake in shares of AMETEK in the first quarter worth $113,317,000. Institutional investors and hedge funds own 87.43% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. KeyCorp raised their price objective on shares of AMETEK from $195.00 to $205.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. DA Davidson raised their target price on AMETEK from $210.00 to $215.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Mizuho raised their target price on AMETEK from $212.00 to $225.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Melius Research raised AMETEK to a "hold" rating in a research report on Monday, July 14th. Finally, Robert W. Baird raised their target price on AMETEK from $190.00 to $198.00 and gave the stock a "neutral" rating in a research report on Monday, August 4th. Seven equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $205.00.

AMETEK Price Performance

Shares of AMETEK stock traded down $1.27 during trading on Friday, reaching $190.76. The company's stock had a trading volume of 338,387 shares, compared to its average volume of 1,346,375. The stock has a 50-day moving average price of $183.14 and a two-hundred day moving average price of $177.19. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15. AMETEK, Inc. has a one year low of $145.02 and a one year high of $198.33. The stock has a market capitalization of $44.06 billion, a P/E ratio of 30.72, a price-to-earnings-growth ratio of 2.69 and a beta of 1.10.

AMETEK (NYSE:AME - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.69 by $0.09. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The business had revenue of $1.78 billion during the quarter, compared to analysts' expectations of $1.74 billion. During the same period in the previous year, the business posted $1.66 earnings per share. The firm's revenue for the quarter 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. As a group, sell-side analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Monday, September 15th. AMETEK's dividend payout ratio (DPR) is presently 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.