AMETEK, Inc. $AME Position Increased by Federation des caisses Desjardins du Quebec

Key Points

• Federation des caisses Desjardins du Quebec increased its holdings in AMETEK, Inc. by 155.2%, now owning $17.26 million in shares after purchasing an additional 60,973 shares in the first quarter.
• AMETEK's recent earnings report showed an EPS of $1.78 for the quarter, exceeding estimates, with revenue reaching $1.78 billion.
• The company recently announced a quarterly dividend of $0.31 per share, reflecting a dividend yield of 0.7% with a payout ratio of 19.97%.

Federation des caisses Desjardins du Quebec grew its stake in AMETEK, Inc. (NYSE:AME - Free Report) by 155.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 100,256 shares of the technology company's stock after acquiring an additional 60,973 shares during the quarter. Federation des caisses Desjardins du Quebec's holdings in AMETEK were worth $17,261,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. EP Wealth Advisors LLC boosted its position in shares of AMETEK by 43.7% in the 1st quarter. EP Wealth Advisors LLC now owns 8,984 shares of the technology company's stock worth $1,547,000 after purchasing an additional 2,733 shares in the last quarter. Focus Partners Advisor Solutions LLC raised its stake in shares of AMETEK by 5.4% during the 1st quarter. Focus Partners Advisor Solutions LLC now owns 9,239 shares of the technology company's stock valued at $1,590,000 after buying an additional 472 shares during the last quarter. Royal Bank of Canada raised its stake in shares of AMETEK by 12.4% during the 1st quarter. Royal Bank of Canada now owns 1,559,161 shares of the technology company's stock valued at $268,394,000 after buying an additional 171,491 shares during the last quarter. ICW Investment Advisors LLC increased its stake in shares of AMETEK by 2.3% in the 1st quarter. ICW Investment Advisors LLC now owns 7,048 shares of the technology company's stock valued at $1,213,000 after purchasing an additional 159 shares in the last quarter. Finally, Retirement Planning Co of New England Inc. purchased a new position in shares of AMETEK in the 1st quarter valued at about $990,000. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on AME shares. Melius cut AMETEK from a "buy" rating to a "hold" rating and set a $192.00 target price on the stock. in a report on Monday, July 14th. Mizuho increased their target price on AMETEK from $212.00 to $225.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Melius Research raised AMETEK to a "hold" rating 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 research note on Friday, August 1st. Finally, Royal Bank Of Canada lifted their price target on shares of AMETEK from $209.00 to $212.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $205.45.

AMETEK Trading Down 0.2%

AME stock traded down $0.47 during midday trading on Friday, hitting $187.41. The stock had a trading volume of 1,064,297 shares, compared to its average volume of 1,023,565. The firm has a market cap of $43.28 billion, a PE ratio of 30.18, a price-to-earnings-growth ratio of 2.70 and a beta of 1.10. 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. The company's 50-day moving average price is $182.63 and its 200 day moving average price is $177.06.

AMETEK (NYSE:AME - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.09. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The company had revenue of $1.78 billion during the quarter, compared to analysts' expectations of $1.74 billion. During the same period in the previous year, the company earned $1.66 EPS. The business's quarterly revenue was up 2.5% compared to the same quarter last year. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. On average, equities research analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Announces Dividend

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