BNP PARIBAS ASSET MANAGEMENT Holding S.A. Increases Holdings in AMETEK, Inc. $AME

Key Points

• BNP Paribas Asset Management increased its stake in AMETEK, Inc. by 8.2% during the first quarter, bringing its holdings to $3.58 million.
• AMETEK reported a Q2 EPS of $1.78, exceeding estimates, with a revenue increase of 2.5% compared to the previous year.
• The company announced a quarterly dividend of $0.31 per share, with an ex-dividend date on September 15th, contributing to an annual yield of 0.7%.

BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its holdings in AMETEK, Inc. (NYSE:AME - Free Report) by 8.2% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,799 shares of the technology company's stock after acquiring an additional 1,576 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A.'s holdings in AMETEK were worth $3,580,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of AME. Olde Wealth Management LLC bought a new position in AMETEK during the 1st quarter worth approximately $29,000. Annis Gardner Whiting Capital Advisors LLC grew its position in 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 acquiring an additional 71 shares during the last quarter. Banque Transatlantique SA bought a new position in AMETEK during the 4th quarter worth approximately $37,000. Zions Bancorporation National Association UT bought a new position in AMETEK during the 1st quarter worth approximately $42,000. Finally, Minot DeBlois Advisors LLC bought a new position in AMETEK during the 4th quarter worth approximately $43,000. Hedge funds and other institutional investors own 87.43% of the company's stock.

AMETEK Stock Up 1.8%

Shares of AME traded up $3.3190 on Friday, reaching $186.7590. The stock had a trading volume of 970,434 shares, compared to its average volume of 1,434,346. The company has a 50-day simple moving average of $181.08 and a 200-day simple moving average of $176.99. The firm has a market capitalization of $43.13 billion, a price-to-earnings ratio of 30.07, a price-to-earnings-growth ratio of 2.69 and a beta of 1.10. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $198.33. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.63.

AMETEK (NYSE:AME - Get Free Report) last posted its earnings results on Thursday, July 31st. The technology company reported $1.78 EPS for the quarter, topping analysts' consensus estimates of $1.69 by $0.09. The business 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 company's quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the company 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. Sell-side analysts predict that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a $0.31 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.24 annualized dividend and a dividend yield of 0.7%. AMETEK's payout ratio is presently 19.97%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on AME shares. Melius lowered 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. Morgan Stanley lifted their price objective on AMETEK from $185.00 to $198.00 and gave the stock an "equal weight" rating in a research report on Friday, August 8th. Wall Street Zen upgraded AMETEK from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Robert W. Baird lifted their price objective on AMETEK from $190.00 to $198.00 and gave the stock a "neutral" rating in a research report on Monday, August 4th. Finally, Mizuho lifted their price objective on AMETEK from $212.00 to $225.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Seven 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. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $208.00.

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.