AMETEK, Inc. $AME Shares Purchased by AQR Capital Management LLC

Key Points

• AQR Capital Management LLC significantly increased its stake in AMETEK, Inc. by 61.5%, acquiring an additional 56,348 shares, bringing its total ownership to approximately $24.9 million.
• Analysts have generally favorable outlooks, with TD Cowen upgrading AMETEK from "sell" to "hold" and adjusting the price target to $180, while the average price target among analysts is $205.
• AMETEK announced a quarterly dividend of $0.31 per share, reflecting a yield of 0.6%, with payments set for September 30th for shareholders of record on September 15th.

AQR Capital Management LLC lifted its holdings in AMETEK, Inc. (NYSE:AME - Free Report) by 61.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 147,948 shares of the technology company's stock after buying an additional 56,348 shares during the quarter. AQR Capital Management LLC owned approximately 0.06% of AMETEK worth $24,923,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in AMETEK by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 26,484,263 shares of the technology company's stock valued at $4,559,001,000 after acquiring an additional 336,491 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in AMETEK by 21.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company's stock valued at $1,888,385,000 after buying an additional 1,908,742 shares in the last quarter. JPMorgan Chase & Co. lifted its position in AMETEK by 2.8% during the 1st quarter. JPMorgan Chase & Co. now owns 5,747,368 shares of the technology company's stock worth $989,352,000 after acquiring an additional 154,682 shares during the period. Flossbach Von Storch SE lifted its position in AMETEK by 1.2% during the 1st quarter. Flossbach Von Storch SE now owns 3,770,066 shares of the technology company's stock worth $648,979,000 after acquiring an additional 45,714 shares during the period. Finally, Invesco Ltd. lifted its holdings in shares of AMETEK by 127.2% in the 1st quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company's stock valued at $598,943,000 after buying an additional 1,947,831 shares during the period. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

AMETEK Stock Performance

Shares of NYSE AME traded down $1.27 during midday trading on Friday, reaching $190.76. 338,387 shares of the company were exchanged, compared to its average volume of 1,346,375. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $198.33. The stock has a fifty day simple moving average of $183.14 and a 200 day simple moving average of $177.19. The stock has a market cap of $44.06 billion, a P/E ratio of 30.72, a PEG ratio of 2.69 and a beta of 1.10.

AMETEK (NYSE:AME - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.69 by $0.09. The firm had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.74 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The business's revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the company 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. On average, research analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The business 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 dividend of $0.31 per share. 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%.

Analyst Ratings Changes

AME has been the subject of several analyst reports. Morgan Stanley boosted their price objective on AMETEK from $185.00 to $198.00 and gave the company an "equal weight" rating in a report on Friday, August 8th. 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, September 2nd. Mizuho upped their price objective on AMETEK from $212.00 to $225.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Melius Research upgraded AMETEK to a "hold" rating in a research note on Monday, July 14th. Finally, Barclays initiated coverage on AMETEK in a research note on Wednesday. They issued an "equal weight" rating and a $200.00 price objective on the stock. Seven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $205.00.

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.