AMETEK, Inc. $AME Shares Acquired by Curi RMB Capital LLC

Key Points

• Curi RMB Capital LLC increased its stake in AMETEK, Inc. by 8.4% in Q1, owning a total of 248,604 shares worth approximately $42.8 million.
• AMETEK reported Q2 earnings of $1.78 per share, surpassing estimates and showing a 2.5% increase in quarterly revenue compared to the previous year.
• The company declared a quarterly dividend of $0.31, with an annualized amount of $1.24, representing a dividend yield of 0.7%.

Curi RMB Capital LLC raised its stake in AMETEK, Inc. (NYSE:AME - Free Report) by 8.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 248,604 shares of the technology company's stock after buying an additional 19,222 shares during the quarter. AMETEK comprises about 1.1% of Curi RMB Capital LLC's portfolio, making the stock its 16th biggest holding. Curi RMB Capital LLC owned about 0.11% of AMETEK worth $42,795,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Banco Santander S.A. lifted its position in AMETEK by 20.8% in the first quarter. Banco Santander S.A. now owns 45,365 shares of the technology company's stock valued at $7,809,000 after buying an additional 7,799 shares during the last quarter. M.D. Sass LLC lifted its position in shares of AMETEK by 2.1% during the first quarter. M.D. Sass LLC now owns 366,994 shares of the technology company's stock worth $63,174,000 after purchasing an additional 7,666 shares in the last quarter. DAVENPORT & Co LLC lifted its position 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 purchasing an additional 60 shares in the last quarter. Raiffeisen Bank International AG lifted its position in shares of AMETEK by 16.5% during the first quarter. Raiffeisen Bank International AG now owns 44,647 shares of the technology company's stock worth $7,607,000 after purchasing an additional 6,318 shares in the last quarter. Finally, Sowell Financial Services LLC acquired a new stake in shares of AMETEK during the first quarter worth about $293,000. Institutional investors and hedge funds own 87.43% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Morgan Stanley increased their price target 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. DA Davidson increased their price target 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. Robert W. Baird increased their price target on shares of AMETEK from $190.00 to $198.00 and gave the stock a "neutral" rating in a research report on Monday, August 4th. TD Cowen raised shares of AMETEK from a "sell" rating to a "hold" rating and increased their price target for the stock from $158.00 to $180.00 in a research report on Tuesday, September 2nd. Finally, Melius lowered shares of AMETEK from a "buy" rating to a "hold" rating and set a $192.00 target price on the stock. in a research note on Monday, July 14th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $205.45.

AMETEK Stock Up 0.6%

AMETEK stock traded up $1.14 during mid-day trading on Monday, hitting $188.59. The company had a trading volume of 1,635,375 shares, compared to its average volume of 1,358,342. The stock has a market cap of $43.56 billion, a price-to-earnings ratio of 30.37, a PEG ratio of 2.70 and a beta of 1.10. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $198.33. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. The business has a fifty day moving average of $182.63 and a 200 day moving average of $176.98.

AMETEK (NYSE:AME - Get Free Report) last announced 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 company 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 firm's revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the firm 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, sell-side analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 0.7%. The ex-dividend date is Monday, September 15th. AMETEK's dividend 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.