AMETEK, Inc. $AME Shares Purchased by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors LP increased its ownership in AMETEK, Inc. by 0.6% during the 1st quarter, acquiring an additional 13,464 shares and owning a total of 2,147,416 shares valued at approximately $369.6 million.
• AMETEK reported earnings of $1.78 per share for the last quarter, surpassing analysts' estimates, with revenues of $1.78 billion reflecting a 2.5% year-over-year increase.
• The company has declared a quarterly dividend of $0.31 per share, scheduled for payment on September 30th, representing an annual yield of 0.7%.

Dimensional Fund Advisors LP raised its position in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 0.6% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,147,416 shares of the technology company's stock after acquiring an additional 13,464 shares during the period. Dimensional Fund Advisors LP owned approximately 0.93% of AMETEK worth $369,616,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the company. Capital World Investors lifted its stake in AMETEK by 70.0% in the fourth quarter. Capital World Investors now owns 5,760,017 shares of the technology company's stock worth $1,038,301,000 after purchasing an additional 2,371,062 shares during the last quarter. Invesco Ltd. grew its position in AMETEK by 127.2% in the 1st quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company's stock valued at $598,943,000 after acquiring an additional 1,947,831 shares during the last quarter. Lazard Asset Management LLC lifted its position in shares of AMETEK by 393.1% during the fourth quarter. Lazard Asset Management LLC now owns 1,215,087 shares of the technology company's stock worth $219,030,000 after purchasing an additional 968,661 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of AMETEK by 18,368.3% during the first quarter. GAMMA Investing LLC now owns 973,280 shares of the technology company's stock valued at $167,540,000 after purchasing an additional 968,010 shares during the period. Finally, Compagnie Lombard Odier SCmA bought a new position in shares of AMETEK in the first quarter worth about $113,317,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AME has been the subject of a number of research analyst reports. Wall Street Zen upgraded shares of AMETEK from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Morgan Stanley increased their price target on AMETEK from $185.00 to $198.00 and gave the stock an "equal weight" rating in a research report on Friday, August 8th. Melius downgraded AMETEK from a "buy" rating to a "hold" rating and set a $192.00 price objective for the company. in a report on Monday, July 14th. KeyCorp increased their target price on shares of AMETEK from $195.00 to $205.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Finally, DA Davidson boosted their price target on AMETEK from $210.00 to $215.00 and gave the stock a "buy" 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 given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $208.00.

AMETEK Price Performance

Shares of NYSE AME traded down $0.2340 during trading on Thursday, hitting $183.1060. The company had a trading volume of 292,999 shares, compared to its average volume of 1,371,146. The stock has a fifty day simple moving average of $180.81 and a two-hundred day simple moving average of $176.97. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $198.33. The firm has a market capitalization of $42.29 billion, a price-to-earnings ratio of 29.49, a price-to-earnings-growth ratio of 2.67 and a beta of 1.10. 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 (NYSE:AME - Get Free Report) last issued 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 company's quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the business 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. On average, research analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Announces Dividend

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