First Merchants Corp Acquires 1,696 Shares of AMETEK, Inc. $AME

Key Points

• First Merchants Corp increased its stake in AMETEK, Inc. by acquiring an additional 1,696 shares, bringing its total holdings to 30,489 shares valued at approximately $5.5 million.
• AMETEK reported a quarterly earnings per share of $1.78, surpassing analyst expectations, and set guidance for Q3 2025 EPS between 1.720 and 1.760.
• The company declared a quarterly dividend of $0.31, reflecting an annual yield of 0.7%, with a total payout ratio of 19.97%.

First Merchants Corp boosted its holdings in AMETEK, Inc. (NYSE:AME - Free Report) by 5.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,489 shares of the technology company's stock after acquiring an additional 1,696 shares during the quarter. First Merchants Corp's holdings in AMETEK were worth $5,517,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Navera Investment Management Ltd. lifted its position in AMETEK by 3.1% in the 2nd quarter. Navera Investment Management Ltd. now owns 808,859 shares of the technology company's stock valued at $146,353,000 after acquiring an additional 24,622 shares in the last quarter. WoodTrust Financial Corp lifted its position in AMETEK by 93.5% in the 2nd quarter. WoodTrust Financial Corp now owns 22,911 shares of the technology company's stock valued at $4,146,000 after acquiring an additional 11,068 shares in the last quarter. TriaGen Wealth Management LLC bought a new position in AMETEK in the 2nd quarter valued at approximately $227,000. Roundview Capital LLC lifted its position in AMETEK by 4.0% in the 2nd quarter. Roundview Capital LLC now owns 21,737 shares of the technology company's stock valued at $3,934,000 after acquiring an additional 829 shares in the last quarter. Finally, KLP Kapitalforvaltning AS lifted its position in AMETEK by 0.7% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 81,238 shares of the technology company's stock valued at $14,701,000 after acquiring an additional 600 shares in the last quarter. 87.43% of the stock is owned by institutional investors.

AMETEK Price Performance

Shares of AMETEK stock opened at $183.28 on Thursday. AMETEK, Inc. has a one year low of $145.02 and a one year high of $198.33. The stock's fifty day moving average is $185.69 and its 200 day moving average is $177.88. The stock has a market cap of $42.33 billion, a P/E ratio of 29.51, a P/E/G ratio of 2.60 and a beta of 1.11. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.63.

AMETEK (NYSE:AME - Get Free Report) last issued its quarterly 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. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The business had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same quarter in the prior year, the business posted $1.66 EPS. AMETEK's revenue for the quarter 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. Sell-side analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Monday, September 15th. AMETEK's dividend payout ratio is presently 19.97%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on AME shares. Truist Financial increased their price target on AMETEK from $219.00 to $229.00 and gave the company a "buy" rating in a report on Wednesday. Robert W. Baird increased their price target on AMETEK from $190.00 to $198.00 and gave the company a "neutral" rating in a report on Monday, August 4th. Morgan Stanley increased their price target on AMETEK from $185.00 to $198.00 and gave the company an "equal weight" rating in a report on Friday, August 8th. Royal Bank Of Canada increased their price target on AMETEK from $209.00 to $212.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Finally, DA Davidson increased their price target on AMETEK from $210.00 to $215.00 and gave the company a "buy" rating in a report on Friday, August 1st. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $207.42.

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.

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