B. Metzler seel. Sohn & Co. AG Increases Holdings in AMETEK, Inc. $AME

Key Points

• B. Metzler seel. Sohn & Co. AG increased its holdings in AMETEK, Inc. by 18.4%, acquiring an additional 7,629 shares to reach a total of 49,067 shares valued at approximately $8.45 million.
• AMETEK reported a Q2 EPS of $1.78, exceeding analysts' expectations of $1.69, while revenue for the quarter was $1.78 billion compared to a forecast of $1.74 billion.
• The company announced a quarterly dividend of $0.31, with an ex-dividend date of September 15th, indicating an annual yield of 0.7%.

B. Metzler seel. Sohn & Co. AG lifted its position in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 18.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 49,067 shares of the technology company's stock after buying an additional 7,629 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in AMETEK were worth $8,446,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Olde Wealth Management LLC bought a new position in shares of AMETEK during the 1st quarter worth $29,000. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of AMETEK by 57.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company's stock worth $33,000 after buying an additional 71 shares in the last quarter. Banque Transatlantique SA bought a new position in shares of AMETEK during the 4th quarter worth $37,000. Minot DeBlois Advisors LLC bought a new position in shares of AMETEK during the 4th quarter worth $43,000. Finally, Zions Bancorporation National Association UT bought a new position in shares of AMETEK during the 1st quarter worth $42,000. Institutional investors own 87.43% of the company's stock.

AMETEK Stock Down 1.1%

AMETEK stock traded down $2.02 during midday trading on Friday, reaching $184.71. The company's stock had a trading volume of 809,674 shares, compared to its average volume of 1,228,306. The stock's 50-day simple moving average is $181.97 and its 200-day simple moving average is $177.03. 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 52-week low of $145.02 and a 52-week high of $198.33. The stock has a market capitalization of $42.66 billion, a P/E ratio of 29.74, a PEG ratio of 2.66 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 EPS for the quarter, beating analysts' consensus estimates of $1.69 by $0.09. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The company had revenue of $1.78 billion during the quarter, compared to analysts' expectations of $1.74 billion. During the same period last year, the business posted $1.66 earnings per share. The firm's revenue was up 2.5% compared to the same quarter last year. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. On average, sell-side analysts expect that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Truist Financial upped their price objective on AMETEK from $196.00 to $200.00 and gave the stock a "buy" rating in a research note on Monday, May 5th. DA Davidson raised their price objective on AMETEK from $210.00 to $215.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Morgan Stanley raised their price objective on AMETEK from $185.00 to $198.00 and gave the company an "equal weight" rating in a research report on Friday, August 8th. Melius Research raised AMETEK to a "hold" rating in a research report on Monday, July 14th. Finally, Melius downgraded AMETEK from a "buy" rating to a "hold" rating and set a $192.00 price objective on the stock. in a research report on Monday, July 14th. Seven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, AMETEK presently has a consensus rating of "Hold" and an average target price of $208.00.

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.