Ceredex Value Advisors LLC Lowers Position in AMETEK, Inc. $AME

Key Points

• Ceredex Value Advisors LLC reduced its stake in AMETEK, Inc. by 44.7%, selling over 106,000 shares in the first quarter, leaving it with 131,593 shares valued at approximately $22.65 million.
• AMETEK reported earnings of $1.78 per share for the last quarter, exceeding estimates of $1.69, with revenue rising 2.5% year-on-year to $1.78 billion.
• The company declared a quarterly dividend of $0.31 per share, with a dividend yield of 0.7%, to be paid on September 30th.

Ceredex Value Advisors LLC decreased its holdings in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 44.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 131,593 shares of the technology company's stock after selling 106,538 shares during the period. Ceredex Value Advisors LLC owned about 0.06% of AMETEK worth $22,652,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Olde Wealth Management LLC bought a new position in AMETEK in the 1st quarter worth approximately $29,000. Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of AMETEK by 57.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company's stock valued at $33,000 after buying an additional 71 shares during the period. Banque Transatlantique SA acquired a new position in shares of AMETEK in the 4th quarter valued at $37,000. Minot DeBlois Advisors LLC bought a new stake in AMETEK in the 4th quarter valued at $43,000. Finally, Zions Bancorporation National Association UT bought a new stake in AMETEK in the 1st quarter valued at $42,000. Institutional investors own 87.43% of the company's stock.

Analyst Ratings Changes

AME has been the topic of several analyst reports. Morgan Stanley boosted 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. Melius Research upgraded shares of AMETEK to a "hold" rating in a research report on Monday, July 14th. Melius lowered shares of AMETEK from a "buy" rating to a "hold" rating and set a $192.00 price target on the stock. in a research report on Monday, July 14th. Mizuho increased their price objective on shares of AMETEK from $212.00 to $225.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Finally, Robert W. Baird raised their price target on shares of AMETEK from $190.00 to $198.00 and gave the company a "neutral" rating in a research note on Monday, August 4th. Seven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $208.00.

AMETEK Price Performance

AME stock traded down $2.02 during midday trading on Friday, reaching $184.71. The company had a trading volume of 809,674 shares, compared to its average volume of 1,365,846. The firm has a 50-day moving average price of $181.81 and a 200-day moving average price of $177.10. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $198.33. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. The company has a market capitalization of $42.66 billion, a P/E ratio of 29.74, a P/E/G ratio of 2.69 and a beta of 1.10.

AMETEK (NYSE:AME - Get Free Report) last released its earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share for the quarter, topping 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 for the quarter, compared to the consensus estimate of $1.74 billion. During the same period in the prior year, the firm earned $1.66 EPS. The company's revenue 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, research analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Monday, September 15th. AMETEK's payout ratio is presently 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.