Canada Pension Plan Investment Board Has $47.36 Million Holdings in AMETEK, Inc. $AME

Key Points

• The Canada Pension Plan Investment Board increased its stake in AMETEK, Inc. by 50%, owning 275,140 shares worth approximately $47.36 million by the end of the quarter.
• AMETEK reported a quarterly earnings per share of $1.78, surpassing analysts' expectations by $0.09, with revenues reaching $1.78 billion.
• The company also announced a quarterly dividend of $0.31 per share, representing an annualized yield of 0.7%, to be paid on September 30th.

Canada Pension Plan Investment Board lifted its position in AMETEK, Inc. (NYSE:AME - Free Report) by 50.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 275,140 shares of the technology company's stock after acquiring an additional 91,699 shares during the quarter. Canada Pension Plan Investment Board owned 0.12% of AMETEK worth $47,363,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Trexquant Investment LP raised its stake in shares of AMETEK by 2,381.1% during the 1st quarter. Trexquant Investment LP now owns 147,922 shares of the technology company's stock valued at $25,463,000 after buying an additional 141,960 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in AMETEK by 5.8% in the 1st quarter. BNP Paribas Financial Markets now owns 559,782 shares of the technology company's stock valued at $96,361,000 after purchasing an additional 30,717 shares during the last quarter. Eisler Capital Management Ltd. raised its holdings in AMETEK by 30.8% in the first quarter. Eisler Capital Management Ltd. now owns 94,866 shares of the technology company's stock valued at $16,324,000 after acquiring an additional 22,341 shares in the last quarter. B. Metzler seel. Sohn & Co. AG grew its position in shares of AMETEK by 18.4% in the 1st quarter. B. Metzler seel. Sohn & Co. AG now owns 49,067 shares of the technology company's stock valued at $8,446,000 after buying an additional 7,629 shares during the last quarter. Finally, CreativeOne Wealth LLC grew its position in AMETEK by 24.7% in the 1st quarter. CreativeOne Wealth LLC now owns 2,742 shares of the technology company's stock valued at $472,000 after buying an additional 544 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company's stock.

AMETEK Trading Up 1.4%

NYSE AME traded up $2.67 during trading hours on Thursday, reaching $187.02. The company had a trading volume of 500,708 shares, compared to its average volume of 1,355,292. 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 market capitalization of $43.19 billion, a P/E ratio of 30.10, a price-to-earnings-growth ratio of 2.66 and a beta of 1.10. The stock has a 50-day moving average of $182.34 and a 200 day moving average of $177.09.

AMETEK (NYSE:AME - Get Free Report) last announced its 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. The business had revenue of $1.78 billion during the quarter, compared to analysts' expectations of $1.74 billion. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The business's revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the company earned $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. As a group, research analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Announces Dividend

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. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, September 15th. AMETEK's dividend payout ratio (DPR) is 19.97%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Royal Bank Of Canada increased their target price on AMETEK from $209.00 to $212.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Morgan Stanley raised their price target on shares of AMETEK from $185.00 to $198.00 and gave the stock an "equal weight" rating in a report on Friday, August 8th. Melius Research upgraded shares of AMETEK to a "hold" rating in a report on Monday, July 14th. Robert W. Baird boosted their price target on shares of AMETEK from $190.00 to $198.00 and gave the company a "neutral" rating in a report on Monday, August 4th. Finally, KeyCorp lifted their price target on AMETEK from $195.00 to $205.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $205.45.

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.