Vident Advisory LLC Has $1.56 Million Stock Holdings in AMETEK, Inc. $AME

Key Points

• Vident Advisory LLC increased its stake in AMETEK, Inc. by 31.6% during Q1, acquiring an additional 2,176 shares, bringing its total holdings to 9,063 shares valued at approximately $1.56 million.
• AMETEK reported earnings of $1.78 per share for the last quarter, exceeding analyst expectations of $1.69, with a revenue increase of 2.5% year-over-year to $1.78 billion.
• The company announced a quarterly dividend of $0.31 per share to be paid on September 30th, representing an annualized yield of 0.7% based on the current stock price.

Vident Advisory LLC increased its holdings in AMETEK, Inc. (NYSE:AME - Free Report) by 31.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,063 shares of the technology company's stock after buying an additional 2,176 shares during the quarter. Vident Advisory LLC's holdings in AMETEK were worth $1,560,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. DAVENPORT & Co LLC raised its holdings in shares of AMETEK by 0.8% during the first quarter. DAVENPORT & Co LLC now owns 7,125 shares of the technology company's stock worth $1,226,000 after acquiring an additional 60 shares in the last quarter. Alps Advisors Inc. raised its holdings in shares of AMETEK by 1.0% during the first quarter. Alps Advisors Inc. now owns 6,260 shares of the technology company's stock worth $1,078,000 after acquiring an additional 60 shares in the last quarter. EWA LLC increased its position in AMETEK by 4.9% during the first quarter. EWA LLC now owns 1,382 shares of the technology company's stock worth $238,000 after buying an additional 65 shares during the last quarter. Buckhead Capital Management LLC increased its position in AMETEK by 0.3% during the first quarter. Buckhead Capital Management LLC now owns 22,830 shares of the technology company's stock worth $3,930,000 after buying an additional 65 shares during the last quarter. Finally, Signaturefd LLC increased its position in AMETEK by 1.5% during the first quarter. Signaturefd LLC now owns 4,625 shares of the technology company's stock worth $796,000 after buying an additional 67 shares during the last quarter. 87.43% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

AME has been the topic of several analyst reports. DA Davidson increased their target price on shares of AMETEK from $210.00 to $215.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Wall Street Zen raised shares of AMETEK from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Melius downgraded shares of AMETEK from a "buy" rating to a "hold" rating and set a $192.00 target price on the stock. in a research report on Monday, July 14th. Mizuho increased their target price on shares of AMETEK from $212.00 to $225.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Finally, Morgan Stanley increased their target price on shares of AMETEK from $185.00 to $198.00 and gave the stock an "equal weight" rating in a research report on Friday, August 8th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $205.45.

AMETEK Stock Performance

Shares of NYSE:AME traded down $0.47 during midday trading on Friday, hitting $187.41. The company's stock had a trading volume of 1,064,297 shares, compared to its average volume of 1,023,565. The stock has a market capitalization of $43.28 billion, a price-to-earnings ratio of 30.18, a PEG ratio of 2.70 and a beta of 1.10. The stock's 50 day simple moving average is $182.63 and its 200 day simple moving average is $177.06. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $198.33. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.63.

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 (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.09. The company had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.74 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The firm's revenue was up 2.5% compared to the same quarter last year. During the same period last 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. As a group, research analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share 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 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 dividend payout ratio (DPR) 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.