AMETEK, Inc. $AME Stock Holdings Boosted by Maren Capital LLC

Key Points

• Maren Capital LLC increased its holdings in AMETEK, Inc. by 10.7%, making it the third largest position in their portfolio with a total of 760,375 shares.
• Analysts have mixed views on AMETEK, with seven rated as a buy, five as hold, and one as sell, and a current average price target of $208.00.
• The company announced a quarterly dividend of $0.31 per share, yielding 0.7%, with the ex-dividend date set for September 15th.

Maren Capital LLC lifted its position in AMETEK, Inc. (NYSE:AME - Free Report) by 10.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 760,375 shares of the technology company's stock after acquiring an additional 73,743 shares during the period. AMETEK accounts for approximately 8.9% of Maren Capital LLC's investment portfolio, making the stock its 3rd biggest holding. Maren Capital LLC owned about 0.33% of AMETEK worth $130,891,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Olde Wealth Management LLC purchased a new stake in AMETEK in the first quarter valued at $29,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in AMETEK by 57.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company's stock worth $33,000 after buying an additional 71 shares during the last quarter. Banque Transatlantique SA purchased a new position in AMETEK in the 4th quarter worth approximately $37,000. Zions Bancorporation National Association UT acquired a new position in shares of AMETEK during the 1st quarter worth approximately $42,000. Finally, Minot DeBlois Advisors LLC acquired a new position in shares of AMETEK during the 4th quarter worth approximately $43,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Price Performance

Shares of AME stock traded up $0.15 during trading hours on Thursday, hitting $186.70. The company's stock had a trading volume of 233,642 shares, compared to its average volume of 1,365,361. The business has a fifty day moving average of $181.62 and a 200-day moving average of $177.09. The stock has a market cap of $43.12 billion, a price-to-earnings ratio of 30.06, a P/E/G ratio of 2.69 and a beta of 1.10. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $198.33. 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 (NYSE:AME - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.69 by $0.09. The business had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.74 billion. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The company's quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the business earned $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. As a group, equities research analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors 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 yield of 0.7%. AMETEK's dividend payout ratio (DPR) is 19.97%.

Analyst Upgrades and Downgrades

AME has been the topic of several analyst reports. DA Davidson lifted their price target on shares of AMETEK from $210.00 to $215.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Wall Street Zen raised AMETEK from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Robert W. Baird boosted their target price on shares of AMETEK from $190.00 to $198.00 and gave the stock a "neutral" rating in a research note on Monday, August 4th. 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 research note on Monday, July 14th. Finally, Morgan Stanley upped their target price on shares of AMETEK from $185.00 to $198.00 and gave the company an "equal weight" rating in a report on Friday, August 8th. Seven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, AMETEK presently has an average rating of "Hold" and an average price target of $208.00.

AMETEK Company 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.