AMETEK, Inc. $AME Stock Position Increased by APG Asset Management N.V.

Key Points

• APG Asset Management N.V. increased its stake in AMETEK, Inc. by 2.9%, owning about 0.07% of the company, valued at approximately $24.8 million.
• Several analysts have raised their price targets for AMETEK, with Mizuho setting a new target at $225.00, reflecting strong market confidence.
• AMETEK reported $1.78 earnings per share for the last quarter, exceeding estimates, and declared a quarterly dividend of $0.31 per share.

APG Asset Management N.V. grew its holdings in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 2.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 155,616 shares of the technology company's stock after purchasing an additional 4,358 shares during the period. APG Asset Management N.V. owned about 0.07% of AMETEK worth $24,799,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Banco Santander S.A. increased its stake in shares of AMETEK by 20.8% during the first quarter. Banco Santander S.A. now owns 45,365 shares of the technology company's stock worth $7,809,000 after buying an additional 7,799 shares during the period. M.D. Sass LLC raised its holdings in shares of AMETEK by 2.1% in the 1st quarter. M.D. Sass LLC now owns 366,994 shares of the technology company's stock valued at $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 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 stake 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 purchased a new stake in AMETEK during the 1st quarter worth about $293,000. Institutional investors and hedge funds own 87.43% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on AME shares. Wall Street Zen raised AMETEK from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Mizuho increased their price target on shares of AMETEK from $212.00 to $225.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. DA Davidson lifted their target price on AMETEK from $210.00 to $215.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Royal Bank Of Canada raised their target price on shares of AMETEK from $209.00 to $212.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. Finally, KeyCorp raised their target price on shares of AMETEK from $195.00 to $205.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Seven analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $208.00.

AMETEK Trading Down 1.1%

AME stock traded down $2.06 during midday trading on Friday, reaching $184.67. 352,512 shares of the company's stock traded hands, compared to its average volume of 1,362,973. The company has a market capitalization of $42.65 billion, a P/E ratio of 29.78, a PEG ratio of 2.69 and a beta of 1.10. The business has a 50-day moving average price of $181.81 and a two-hundred day moving average price of $177.10. 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, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $198.33.

AMETEK (NYSE:AME - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.09. The company had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.74 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.AMETEK's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.66 EPS. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. Equities research analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, September 15th. AMETEK's dividend payout ratio (DPR) is presently 19.97%.

AMETEK Company 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.