Jump Financial LLC Boosts Holdings in AMETEK, Inc. $AME

Key Points

• Jump Financial LLC increased its stake in AMETEK, Inc. by 462.4% in the first quarter, now owning approximately 70,256 shares valued at $12.1 million.
• Analysts have recently raised their price targets for AMETEK, with the average target reaching $208.00, and many giving the stock a "Buy" or "Outperform" rating.
• AMETEK has announced a quarterly dividend of $0.31 per share, with an annualized yield of 0.7%, impacting shareholders with record dates on September 15th.

Jump Financial LLC boosted its position in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 462.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 70,256 shares of the technology company's stock after buying an additional 57,763 shares during the quarter. Jump Financial LLC's holdings in AMETEK were worth $12,094,000 as of its most recent filing with the Securities & Exchange Commission.

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

AMETEK Price Performance

AME traded up $0.25 during trading on Thursday, reaching $186.80. 845,286 shares of the company traded hands, compared to its average volume of 1,369,218. 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, Inc. has a 12-month low of $145.02 and a 12-month high of $198.33. The firm has a fifty day simple moving average of $181.62 and a 200 day simple moving average of $177.09. The company has a market cap of $43.14 billion, a P/E ratio of 30.08, a PEG ratio of 2.69 and a beta of 1.10.

AMETEK (NYSE:AME - Get Free Report) last posted its 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 analyst estimates of $1.74 billion. During the same period last year, the firm posted $1.66 earnings per share. AMETEK'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. On average, equities analysts forecast 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. Shareholders of record on Monday, September 15th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, September 15th. AMETEK's payout ratio is presently 19.97%.

Analyst Ratings Changes

AME has been the topic of several recent research reports. Melius cut shares of AMETEK from a "buy" rating to a "hold" rating and set a $192.00 price objective on the stock. in a research note on Monday, July 14th. Morgan Stanley increased their price objective on shares of AMETEK from $185.00 to $198.00 and gave the stock an "equal weight" rating in a research note on Friday, August 8th. Mizuho raised their target price on shares of AMETEK from $212.00 to $225.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. DA Davidson raised their target price on shares of AMETEK from $210.00 to $215.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Finally, KeyCorp raised their target price 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. Seven investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $208.00.

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.