Archford Capital Strategies LLC Sells 5,552 Shares of AMETEK, Inc. $AME

Key Points

• Archford Capital Strategies LLC reduced its stake in AMETEK, Inc. by 63.6% during Q2, selling 5,552 shares, leaving them with 3,183 shares valued at approximately $576,000.
• AMETEK recently received mixed ratings from analysts, with price targets ranging from $180.00 to $225.00 and a consensus rating of "Moderate Buy."
• The company reported Q2 earnings of $1.78 per share, surpassing estimates and showing a 2.5% revenue increase compared to the previous year.

Archford Capital Strategies LLC reduced its stake in AMETEK, Inc. (NYSE:AME - Free Report) by 63.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,183 shares of the technology company's stock after selling 5,552 shares during the quarter. Archford Capital Strategies LLC's holdings in AMETEK were worth $576,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Bares Capital Management Inc. bought a new position in AMETEK in the 1st quarter worth $26,000. ST Germain D J Co. Inc. raised its holdings in AMETEK by 628.6% in the 2nd quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company's stock worth $28,000 after purchasing an additional 132 shares during the period. Olde Wealth Management LLC bought a new stake in AMETEK during the first quarter valued at about $29,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in AMETEK by 57.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company's stock valued at $33,000 after acquiring an additional 71 shares during the period. Finally, Zions Bancorporation National Association UT bought a new stake in AMETEK during the first quarter valued at about $42,000. 87.43% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have commented on AME. TD Cowen raised AMETEK from a "sell" rating to a "hold" rating and raised their price target for the company from $158.00 to $180.00 in a report on Tuesday, September 2nd. Morgan Stanley raised their price target on AMETEK from $185.00 to $198.00 and gave the company an "equal weight" rating in a report on Friday, August 8th. Melius cut AMETEK from a "buy" rating to a "hold" rating and set a $192.00 price target on the stock. in a report on Monday, July 14th. Barclays began coverage on AMETEK in a report on Wednesday, September 10th. They set an "equal weight" rating and a $200.00 price target on the stock. Finally, Mizuho raised their price target on AMETEK from $212.00 to $225.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, AMETEK has a consensus rating of "Moderate Buy" and an average target price of $205.00.

AMETEK Trading Up 0.1%

Shares of AMETEK stock opened at $186.65 on Tuesday. The firm has a market cap of $43.11 billion, a price-to-earnings ratio of 30.06, a PEG ratio of 2.68 and a beta of 1.10. The business has a 50-day moving average price of $184.90 and a 200-day moving average price of $177.50. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $198.33.

AMETEK (NYSE:AME - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The technology company reported $1.78 earnings per share for the quarter, beating analysts' consensus estimates of $1.69 by $0.09. The firm had revenue of $1.78 billion during 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 quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the business 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. Equities research analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current fiscal 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 given a $0.31 dividend. The ex-dividend date is Monday, September 15th. This represents a $1.24 annualized dividend and a yield of 0.7%. AMETEK's dividend payout ratio (DPR) is currently 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.

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