Conrad Siegel Investment Advisors Inc. Takes $712,000 Position in AMETEK, Inc. $AME

Key Points

• Conrad Siegel Investment Advisors Inc. has acquired a new position in AMETEK, Inc. valued at approximately $712,000, purchasing 3,935 shares during the 2nd quarter.
• AMETEK recently reported earnings of $1.78 EPS for the last quarter, surpassing analysts' expectations, with revenue increasing by 2.5% year-over-year.
• The firm has announced a quarterly dividend of $0.31, representing an annualized yield of 0.7%, to be paid on September 30th.

Conrad Siegel Investment Advisors Inc. acquired a new position in shares of AMETEK, Inc. (NYSE:AME - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,935 shares of the technology company's stock, valued at approximately $712,000.

A number of other large investors have also recently made changes to their positions in AME. Invesco Ltd. increased its position in shares of AMETEK by 127.2% during the 1st quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company's stock valued at $598,943,000 after purchasing an additional 1,947,831 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in AMETEK by 21.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company's stock worth $1,888,385,000 after buying an additional 1,908,742 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of AMETEK by 18,368.3% in the first quarter. GAMMA Investing LLC now owns 973,280 shares of the technology company's stock worth $167,540,000 after acquiring an additional 968,010 shares during the last quarter. Compagnie Lombard Odier SCmA purchased a new stake in AMETEK during the 1st quarter worth $113,317,000. Finally, Nuveen LLC acquired a new position in AMETEK in the first quarter valued at approximately $94,051,000. 87.43% of the stock is currently owned by institutional investors.

AMETEK Price Performance

Shares of NYSE AME opened at $187.81 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.63. The company has a market cap of $43.38 billion, a PE ratio of 30.24, a P/E/G ratio of 2.70 and a beta of 1.10. The business has a 50-day simple moving average of $183.88 and a two-hundred day simple moving average of $177.15. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $198.33.

AMETEK (NYSE:AME - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The technology company reported $1.78 EPS for the quarter, topping 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 business had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.74 billion. During the same period in the previous year, the company posted $1.66 earnings per share. The business's revenue for the quarter 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, equities analysts expect that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders 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 dividend on an annualized basis and a yield of 0.7%. AMETEK's dividend payout ratio (DPR) is currently 19.97%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on AME shares. KeyCorp lifted their price objective on AMETEK from $195.00 to $205.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Morgan Stanley upped their target price on AMETEK from $185.00 to $198.00 and gave the stock an "equal weight" rating in a report on Friday, August 8th. Barclays assumed coverage on shares of AMETEK in a research note on Wednesday, September 10th. They set an "equal weight" rating and a $200.00 price target on the stock. Melius Research upgraded AMETEK to a "hold" rating in a research report on Monday, July 14th. Finally, Melius lowered 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 equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $205.00.

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.

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