AMETEK, Inc. $AME Stock Position Boosted by Sumitomo Mitsui DS Asset Management Company Ltd

Key Points

• Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in AMETEK, Inc. by 6.6%, owning 39,680 shares valued at $7,180,000 after acquiring additional shares in the second quarter.
• Analyst ratings for AMETEK show a consensus of "Moderate Buy"** with seven analysts rating it a "Buy" and six a "Hold", targeting an average price of $205.00 per share.
• AMETEK recently declared a quarterly dividend of $0.31 per share, representing a 0.7% yield, with a payout ratio of 19.97%.

Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in AMETEK, Inc. (NYSE:AME - Free Report) by 6.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,680 shares of the technology company's stock after acquiring an additional 2,451 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd's holdings in AMETEK were worth $7,180,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in AME. Sivia Capital Partners LLC bought a new position in AMETEK during the 2nd quarter valued at $295,000. Pallas Capital Advisors LLC boosted its stake in AMETEK by 319.4% during the second quarter. Pallas Capital Advisors LLC now owns 7,859 shares of the technology company's stock valued at $1,422,000 after buying an additional 5,985 shares in the last quarter. Czech National Bank boosted its stake in AMETEK by 6.2% during the second quarter. Czech National Bank now owns 56,435 shares of the technology company's stock valued at $10,212,000 after buying an additional 3,308 shares in the last quarter. Value Partners Investments Inc. boosted its stake in AMETEK by 12.6% during the second quarter. Value Partners Investments Inc. now owns 7,553 shares of the technology company's stock valued at $1,364,000 after buying an additional 845 shares in the last quarter. Finally, OMNI 360 Wealth Inc. bought a new position in AMETEK during the second quarter valued at about $230,000. 87.43% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on AME. DA Davidson raised their price objective on shares of AMETEK from $210.00 to $215.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Robert W. Baird raised their target price on shares of AMETEK from $190.00 to $198.00 and gave the stock a "neutral" rating in a report on Monday, August 4th. Barclays initiated coverage on shares of AMETEK in a report on Wednesday, September 10th. They set an "equal weight" rating and a $200.00 target price for the company. TD Cowen raised AMETEK from a "sell" rating to a "hold" rating and raised their price objective for the stock from $158.00 to $180.00 in a research note on Tuesday, September 2nd. Finally, Melius Research raised AMETEK to a "hold" rating in a research note on Monday, July 14th. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $205.00.

AMETEK Trading Down 0.5%

AMETEK stock opened at $187.81 on Friday. The firm has a market capitalization of $43.37 billion, a price-to-earnings ratio of 30.24, a P/E/G ratio of 2.71 and a beta of 1.10. The company has a 50 day moving average price of $183.88 and a 200 day moving average price of $177.25. 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 52 week low of $145.02 and a 52 week high of $198.33.

AMETEK (NYSE:AME - Get Free Report) last issued its 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. The business had revenue of $1.78 billion during the quarter, compared to analysts' expectations of $1.74 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.AMETEK's revenue was up 2.5% compared to the same quarter last year. During the same quarter last 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. Research analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Monday, September 15th. AMETEK's dividend payout ratio (DPR) is currently 19.97%.

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.

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