ASR Vermogensbeheer N.V. Has $29.42 Million Holdings in AMETEK, Inc. $AME

Key Points

• ASR Vermogensbeheer N.V. has increased its stake in AMETEK, Inc. by 42.2%, owning approximately $29.42 million worth of shares, now totaling 162,555 shares.
• AMETEK's most recent quarterly earnings showed a net margin of 20.60% and revenue of $1.78 billion, beating analyst expectations, with an EPS of $1.78.
• Investment analysts are generally positive, with a consensus rating of "Moderate Buy" and a price target of $205.00 for AMETEK shares.

ASR Vermogensbeheer N.V. increased its stake in AMETEK, Inc. (NYSE:AME - Free Report) by 42.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 162,555 shares of the technology company's stock after purchasing an additional 48,207 shares during the period. ASR Vermogensbeheer N.V. owned approximately 0.07% of AMETEK worth $29,415,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Poinciana Advisors Group LLC acquired a new position in AMETEK in the 2nd quarter worth $236,000. GC Wealth Management RIA LLC acquired a new position in AMETEK in the 2nd quarter worth $614,000. Smith Salley Wealth Management boosted its stake in AMETEK by 2.2% in the 2nd quarter. Smith Salley Wealth Management now owns 132,581 shares of the technology company's stock worth $23,992,000 after purchasing an additional 2,849 shares during the period. James Hambro & Partners LLP boosted its stake in AMETEK by 2.7% in the 2nd quarter. James Hambro & Partners LLP now owns 663,152 shares of the technology company's stock worth $119,981,000 after purchasing an additional 17,653 shares during the period. Finally, Howard Capital Management Group LLC acquired a new position in AMETEK in the 2nd quarter worth $28,235,000. 87.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on AME shares. Morgan Stanley boosted their price target on shares of AMETEK from $185.00 to $198.00 and gave the stock an "equal weight" rating in a research report on Friday, August 8th. Robert W. Baird boosted their price target on shares of AMETEK from $190.00 to $198.00 and gave the stock a "neutral" rating in a research report on Monday, August 4th. TD Cowen raised shares of AMETEK from a "sell" rating to a "hold" rating and boosted their price target for the stock from $158.00 to $180.00 in a research report on Tuesday, September 2nd. Royal Bank Of Canada boosted their price target on shares of AMETEK from $209.00 to $212.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Finally, Melius cut shares of AMETEK from a "buy" rating to a "hold" rating and set a $192.00 price target on the stock. in a research report on Monday, July 14th. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $205.00.

AMETEK Stock Down 0.2%

AMETEK stock opened at $187.56 on Thursday. The stock has a market cap of $43.32 billion, a P/E ratio of 30.20, a P/E/G ratio of 2.70 and a beta of 1.11. 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. The company's 50-day moving average price is $185.21 and its two-hundred day moving average price is $177.64.

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 for the quarter, beating 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 firm had revenue of $1.78 billion for the quarter, compared to analysts' expectations of $1.74 billion. During the same period in the prior year, the firm earned $1.66 EPS. The business's 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. As a group, analysts expect that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were 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 was Monday, September 15th. AMETEK's dividend payout ratio is presently 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.

Want to see what other hedge funds are holding AME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMETEK, Inc. (NYSE:AME - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.