AMETEK, Inc. $AME Shares Acquired by EP Wealth Advisors LLC

Key Points

• EP Wealth Advisors LLC increased its holdings in AMETEK, Inc. by 43.7% during the first quarter, owning 8,984 shares valued at approximately $1.55 million.
• Research firms have issued varying ratings on AMETEK, with DA Davidson raising its price target to $215.00 while Melius downgraded it to $192.00, reflecting a consensus rating of "Moderate Buy."
• AMETEK is set to pay a quarterly dividend of $0.31 on September 30, with a current yield of 0.7% and a payout ratio of 19.97%.

EP Wealth Advisors LLC raised its position in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 43.7% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,984 shares of the technology company's stock after buying an additional 2,733 shares during the quarter. EP Wealth Advisors LLC's holdings in AMETEK were worth $1,547,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of AME. Bank Pictet & Cie Europe AG raised its position in shares of AMETEK by 23.5% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 183,024 shares of the technology company's stock valued at $32,992,000 after purchasing an additional 34,866 shares during the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in shares of AMETEK in the 4th quarter valued at approximately $1,598,000. Ancora Advisors LLC raised its position in shares of AMETEK by 15,950.0% in the 4th quarter. Ancora Advisors LLC now owns 321 shares of the technology company's stock valued at $58,000 after purchasing an additional 319 shares during the last quarter. Benjamin Edwards Inc. raised its position in shares of AMETEK by 14.6% in the 4th quarter. Benjamin Edwards Inc. now owns 5,517 shares of the technology company's stock valued at $997,000 after purchasing an additional 703 shares during the last quarter. Finally, Baird Financial Group Inc. raised its position in shares of AMETEK by 14.3% in the 4th quarter. Baird Financial Group Inc. now owns 18,056 shares of the technology company's stock valued at $3,255,000 after purchasing an additional 2,256 shares during the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on AME. Royal Bank Of Canada raised their price target on shares of AMETEK from $209.00 to $212.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. TD Cowen raised shares of AMETEK from a "sell" rating to a "hold" rating and raised their price target for the stock from $158.00 to $180.00 in a research report on Tuesday, September 2nd. DA Davidson raised their price target on shares of AMETEK from $210.00 to $215.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Mizuho raised their price target on shares of AMETEK from $212.00 to $225.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Finally, Robert W. Baird raised their price target on shares of AMETEK from $190.00 to $198.00 and gave the stock a "neutral" rating in a research report on Monday, August 4th. Seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $205.00.

AMETEK Price Performance

NYSE AME traded down $0.54 on Wednesday, hitting $186.95. The company had a trading volume of 148,227 shares, compared to its average volume of 1,349,308. The company has a market capitalization of $43.18 billion, a PE ratio of 30.10, a PEG ratio of 2.71 and a beta of 1.10. The company's fifty day moving average price is $182.87 and its 200-day moving average price is $177.07. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $198.33.

AMETEK (NYSE:AME - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 EPS for the quarter, topping the consensus estimate 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 net margin of 20.60% and a return on equity of 16.53%. The firm's revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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, analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Announces Dividend

The business also recently declared 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 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, September 15th. AMETEK's payout ratio is presently 19.97%.

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.