AG2R LA Mondiale Gestion D Actifs Takes Position in AMETEK, Inc. $AME

Key Points

• AG2R LA Mondiale Gestion D Actifs has acquired a new stake in AMETEK, Inc., purchasing 9,278 shares valued at approximately $1,658,000 during the first quarter.
• Analyst ratings for AMETEK vary, with upgrades boosting the target price to as high as $225.00, while some analysts have downgraded their ratings to "hold."
• AMETEK recently announced a quarterly dividend of $0.31 per share, with the ex-dividend date set for September 15th, representing a 0.7% dividend yield.

AG2R LA Mondiale Gestion D Actifs purchased a new stake in shares of AMETEK, Inc. (NYSE:AME - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 9,278 shares of the technology company's stock, valued at approximately $1,658,000.

Several other institutional investors have also made changes to their positions in AME. Bank Pictet & Cie Europe AG lifted its holdings in shares of AMETEK by 23.5% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 183,024 shares of the technology company's stock valued at $32,992,000 after buying an additional 34,866 shares during the last quarter. Focus Partners Wealth lifted its holdings in AMETEK by 11.3% in the 4th quarter. Focus Partners Wealth now owns 8,865 shares of the technology company's stock worth $1,733,000 after purchasing an additional 902 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in AMETEK by 40.1% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,598 shares of the technology company's stock worth $6,056,000 after purchasing an additional 9,622 shares during the last quarter. Numerai GP LLC acquired a new stake in AMETEK in the 4th quarter worth approximately $221,000. Finally, NorthRock Partners LLC acquired a new stake in AMETEK in the 4th quarter worth approximately $244,000. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. TD Cowen upgraded AMETEK from a "sell" rating to a "hold" rating and boosted their target price for the stock from $158.00 to $180.00 in a report on Tuesday, September 2nd. Melius lowered AMETEK from a "buy" rating to a "hold" rating and set a $192.00 target price for the company. in a report on Monday, July 14th. DA Davidson boosted their target price on AMETEK from $210.00 to $215.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Barclays initiated coverage on AMETEK in a report on Wednesday. They set an "equal weight" rating and a $200.00 price target for the company. Finally, Mizuho upped their price target on AMETEK from $212.00 to $225.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Seven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $205.00.

AMETEK Stock Down 1.1%

Shares of AME stock opened at $189.95 on Friday. The firm has a market cap of $43.87 billion, a PE ratio of 30.59, a price-to-earnings-growth ratio of 2.76 and a beta of 1.10. 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 12 month low of $145.02 and a 12 month high of $198.33. The stock has a 50 day moving average of $183.25 and a 200-day moving average of $177.13.

AMETEK (NYSE:AME - Get Free Report) last released its quarterly earnings data 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. The business had revenue of $1.78 billion for the quarter, compared to analysts' expectations of $1.74 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.AMETEK's quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.66 earnings per share. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. On average, equities analysts predict that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a dividend of $0.31 per share. 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 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.

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