E. Ohman J or Asset Management AB Cuts Stock Holdings in AMETEK, Inc. $AME

Key Points

• E. Ohman J or Asset Management AB has reduced its stake in AMETEK, Inc. by 20.8%, now holding 8,640 shares valued at approximately $1.56 million.
• Several analysts have raised their price targets for AMETEK, with Mizuho setting it at $225.00, while the consensus rating stands at "Moderate Buy" with a target price of $205.00.
• AMETEK announced a quarterly dividend of $0.31 per share, with an ex-dividend date of September 15th, representing an annual yield of 0.7%.

E. Ohman J or Asset Management AB reduced its position in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 20.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,640 shares of the technology company's stock after selling 2,270 shares during the period. E. Ohman J or Asset Management AB's holdings in AMETEK were worth $1,563,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Bares Capital Management Inc. purchased a new stake in AMETEK during the 1st quarter worth approximately $26,000. Olde Wealth Management LLC purchased a new stake in AMETEK during the 1st quarter worth approximately $29,000. Annis Gardner Whiting Capital Advisors LLC increased its stake 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 buying an additional 71 shares in the last quarter. Zions Bancorporation National Association UT purchased a new stake in AMETEK during the 1st quarter worth approximately $42,000. Finally, Costello Asset Management INC purchased a new stake in shares of AMETEK in the first quarter valued at approximately $43,000. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Mizuho upped their price target on AMETEK from $212.00 to $225.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. TD Cowen upgraded AMETEK from a "sell" rating to a "hold" rating and upped their price target for the company from $158.00 to $180.00 in a research report on Tuesday, September 2nd. Morgan Stanley upped their price target on AMETEK from $185.00 to $198.00 and gave the company an "equal weight" rating in a research report on Friday, August 8th. DA Davidson upped their price target on AMETEK from $210.00 to $215.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Finally, Robert W. Baird upped their price target on AMETEK from $190.00 to $198.00 and gave the company a "neutral" rating in a research report on Monday, August 4th. Seven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $205.00.

AMETEK Stock Down 0.2%

Shares of NYSE:AME opened at $189.60 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. The firm has a market capitalization of $43.79 billion, a PE ratio of 30.53, a price-to-earnings-growth ratio of 2.73 and a beta of 1.10. The firm's 50-day moving average is $183.40 and its two-hundred day moving average is $177.06. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $198.33.

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

AMETEK Announces Dividend

The business also recently announced 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 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.

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