AMETEK, Inc. $AME Shares Sold by Douglass Winthrop Advisors LLC

Key Points

• Douglass Winthrop Advisors LLC reduced its stake in AMETEK, Inc. by 15.8%, selling 1,400 shares, leaving them with holdings valued at approximately $1.287 million.
• AMETEK reported earnings of $1.78 per share for the latest quarter, surpassing analyst expectations, with a revenue increase of 2.5% compared to the same quarter last year.
• The company announced a quarterly dividend of $0.31 per share, marking an annualized yield of 0.7%, with a payout ratio of 19.97%.

Douglass Winthrop Advisors LLC decreased its position in AMETEK, Inc. (NYSE:AME - Free Report) by 15.8% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,478 shares of the technology company's stock after selling 1,400 shares during the period. Douglass Winthrop Advisors LLC's holdings in AMETEK were worth $1,287,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of AME. Olde Wealth Management LLC purchased a new stake in shares of AMETEK in the first quarter valued at approximately $29,000. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in AMETEK by 57.7% during the first 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 during the period. Banque Transatlantique SA purchased a new stake in AMETEK during the fourth quarter worth $37,000. Zions Bancorporation National Association UT purchased a new stake in AMETEK during the first quarter worth $42,000. Finally, Minot DeBlois Advisors LLC purchased a new stake in AMETEK during the fourth quarter worth $43,000. Hedge funds and other institutional investors own 87.43% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on AME shares. KeyCorp upped their target price on AMETEK from $195.00 to $205.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Mizuho upped their target price on AMETEK from $212.00 to $225.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Robert W. Baird upped their target price on AMETEK from $190.00 to $198.00 and gave the stock a "neutral" rating in a report on Monday, August 4th. Melius lowered AMETEK from a "buy" rating to a "hold" rating and set a $192.00 target price for the company. in a report on Monday, July 14th. Finally, DA Davidson upped their target price on AMETEK from $210.00 to $215.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Seven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, AMETEK currently has a consensus rating of "Hold" and an average price target of $208.00.

AMETEK Stock Performance

AME stock traded up $0.15 during midday trading on Thursday, reaching $186.70. The stock had a trading volume of 233,642 shares, compared to its average volume of 1,365,361. The stock has a market cap of $43.12 billion, a PE ratio of 30.06, a P/E/G ratio of 2.69 and a beta of 1.10. 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 firm has a fifty day simple moving average of $181.62 and a two-hundred day simple moving average of $177.09. AMETEK, Inc. has a 52-week low of $145.02 and a 52-week high of $198.33.

AMETEK (NYSE:AME - Get Free Report) last issued its earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.69 by $0.09. The company 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 firm's quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the business posted $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. As a group, equities research analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors 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%.

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.