AMETEK, Inc. $AME Shares Sold by Lecap Asset Management Ltd.

Key Points

• Lecap Asset Management Ltd. reduced its holdings in AMETEK, Inc. by 57.2% during Q2, now owning 8,210 shares worth approximately $1.49 million.
• Analysts issued mixed ratings for AMETEK, with price targets ranging from $180 to $205, resulting in a consensus rating of "Moderate Buy."
• AMETEK declared a quarterly dividend of $0.31 per share, representing an annual yield of 0.7%, with a payout ratio of 19.97%.

Lecap Asset Management Ltd. lowered its position in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 57.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,210 shares of the technology company's stock after selling 10,993 shares during the quarter. Lecap Asset Management Ltd.'s holdings in AMETEK were worth $1,486,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Banco Santander S.A. grew its position in AMETEK by 20.8% in the 1st quarter. Banco Santander S.A. now owns 45,365 shares of the technology company's stock worth $7,809,000 after purchasing an additional 7,799 shares during the last quarter. M.D. Sass LLC grew its position in AMETEK by 2.1% in the 1st 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 during the last quarter. DAVENPORT & Co LLC grew its position in AMETEK by 0.8% in the 1st 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 during the last quarter. Raiffeisen Bank International AG grew its position in AMETEK by 16.5% in the 1st 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 during the last quarter. Finally, Sowell Financial Services LLC bought a new position in shares of AMETEK in the first quarter valued at approximately $293,000. Institutional investors and hedge funds own 87.43% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on AME shares. KeyCorp increased their price objective on shares of AMETEK from $195.00 to $205.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Robert W. Baird increased their price objective on shares of AMETEK from $190.00 to $198.00 and gave the company a "neutral" rating in a report on Monday, August 4th. TD Cowen raised shares of AMETEK from a "sell" rating to a "hold" rating and increased their target price for the company from $158.00 to $180.00 in a research note on Tuesday, September 2nd. Melius lowered shares of AMETEK from a "buy" rating to a "hold" rating and set a $192.00 target price for the company. in a research note on Monday, July 14th. Finally, Barclays began coverage on shares of AMETEK in a research note on Wednesday, September 10th. They set an "equal weight" rating and a $200.00 target price for the company. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $205.00.

AMETEK Stock Down 0.2%

AME stock opened at $187.56 on Thursday. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month 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 company has a market cap of $43.32 billion, a price-to-earnings ratio of 30.20, a PEG ratio of 2.70 and a beta of 1.11. The company has a 50 day moving average of $185.21 and a two-hundred day moving average of $177.64.

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, topping the consensus estimate of $1.69 by $0.09. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The company had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same quarter in the prior year, the business posted $1.66 EPS. AMETEK's quarterly revenue was up 2.5% on a year-over-year basis. 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 anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a dividend of $0.31 per share. The ex-dividend date was Monday, September 15th. This represents a $1.24 annualized dividend and a dividend yield of 0.7%. AMETEK's dividend payout ratio is 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.

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