AMETEK, Inc. $AME Shares Sold by Graham Capital Management L.P.

Key Points

• Graham Capital Management L.P. reduced its stake in AMETEK, Inc. by 34.1% during the first quarter, now holding 14,941 shares valued at approximately $2.57 million.
• AMETEK recently announced a quarterly dividend of $0.31 per share, with an ex-dividend date set for September 15th, representing an annualized yield of 0.7%.
• Despite some analysts downgrading the stock, AMETEK has received multiple upgrades, with price targets raised to as high as $208.00, suggesting positive outlook from the investment community.

Graham Capital Management L.P. lessened its holdings in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 34.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,941 shares of the technology company's stock after selling 7,747 shares during the quarter. Graham Capital Management L.P.'s holdings in AMETEK were worth $2,572,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of AME. Olde Wealth Management LLC acquired a new stake in shares of AMETEK in the 1st quarter worth $29,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of AMETEK by 57.7% during 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 last quarter. Banque Transatlantique SA purchased a new position in shares of AMETEK during the 4th quarter valued at about $37,000. Zions Bancorporation National Association UT purchased a new position in shares of AMETEK during the 1st quarter valued at about $42,000. Finally, Minot DeBlois Advisors LLC purchased a new position in shares of AMETEK in the 4th quarter valued at about $43,000. Institutional investors own 87.43% of the company's stock.

AMETEK Trading Down 0.2%

AME traded down $0.47 during trading hours on Friday, reaching $187.41. The company's stock had a trading volume of 1,064,285 shares, compared to its average volume of 1,357,233. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $198.33. The stock has a market cap of $43.28 billion, a PE ratio of 30.18, a P/E/G ratio of 2.65 and a beta of 1.10. The business's 50-day moving average is $182.49 and its 200-day moving average is $177.12. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04.

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, topping analysts' consensus estimates of $1.69 by $0.09. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The company had revenue of $1.78 billion for the quarter, compared to analysts' expectations of $1.74 billion. During the same period in the prior year, the firm earned $1.66 earnings per share. The firm'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. As a group, equities research analysts predict 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. Shareholders of record on Monday, September 15th will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.24 annualized dividend and a dividend yield of 0.7%. AMETEK's dividend payout ratio (DPR) is presently 19.97%.

Wall Street Analysts Forecast Growth

Several research firms have commented on AME. Mizuho boosted their price objective on AMETEK from $212.00 to $225.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. TD Cowen upgraded AMETEK from a "sell" rating to a "hold" rating and boosted their price objective for the stock from $158.00 to $180.00 in a research note on Tuesday. DA Davidson boosted their price objective on AMETEK from $210.00 to $215.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Morgan Stanley boosted their price objective on AMETEK from $185.00 to $198.00 and gave the stock an "equal weight" rating in a research note on Friday, August 8th. Finally, Royal Bank Of Canada upped their price target on AMETEK from $209.00 to $212.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $205.45.

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.