Gamco Investors INC. ET AL Sells 14,940 Shares of AMETEK, Inc. $AME

Key Points

• Gamco Investors INC. ET AL has reduced its holdings in AMETEK, Inc. by 2.3%, owning 638,208 shares after selling 14,940 during the first quarter.
• AMETEK recently reported earnings of $1.78 per share, surpassing expectations, and has projected EPS of 1.720-1.760 for Q3 2025.
• The company announced a quarterly dividend of $0.31, with an annualized yield of 0.7%, to be paid on September 30th to eligible shareholders.

Gamco Investors INC. ET AL lessened its holdings in AMETEK, Inc. (NYSE:AME - Free Report) by 2.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 638,208 shares of the technology company's stock after selling 14,940 shares during the quarter. AMETEK makes up about 1.2% of Gamco Investors INC. ET AL's investment portfolio, making the stock its 11th largest holding. Gamco Investors INC. ET AL owned about 0.28% of AMETEK worth $109,861,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of AME. Olde Wealth Management LLC bought a new stake in shares of AMETEK during the first quarter valued at about $29,000. Annis Gardner Whiting Capital Advisors LLC raised its position in AMETEK by 57.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company's stock worth $33,000 after acquiring an additional 71 shares in the last quarter. Banque Transatlantique SA bought a new stake in AMETEK in the fourth quarter worth about $37,000. Zions Bancorporation National Association UT bought a new stake in AMETEK in the first quarter worth about $42,000. Finally, Minot DeBlois Advisors LLC bought a new stake in AMETEK in the fourth quarter worth about $43,000. 87.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

AME has been the topic of several research reports. Truist Financial boosted their price target on shares of AMETEK from $196.00 to $200.00 and gave the stock a "buy" rating in a research report on Monday, May 5th. Morgan Stanley lifted their price target on AMETEK from $185.00 to $198.00 and gave the stock an "equal weight" rating in a research note on Friday, August 8th. Royal Bank Of Canada lifted their price target on AMETEK from $209.00 to $212.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. Robert W. Baird lifted their price target on AMETEK from $190.00 to $198.00 and gave the stock a "neutral" rating in a research note on Monday, August 4th. Finally, Wall Street Zen raised AMETEK from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. Seven research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $208.00.

AMETEK Stock Performance

Shares of AME traded down $2.02 on Friday, reaching $184.71. 809,674 shares of the stock traded hands, compared to its average volume of 1,365,846. The stock's 50-day moving average price is $181.81 and its 200-day moving average price is $177.10. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $198.33. The firm has a market cap of $42.66 billion, a price-to-earnings ratio of 29.74, 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 current ratio of 1.63 and a quick ratio of 1.04.

AMETEK (NYSE:AME - Get Free Report) last announced its 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. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The company had revenue of $1.78 billion for the quarter, compared to analysts' expectations of $1.74 billion. During the same quarter in the prior year, the business earned $1.66 earnings per share. The business's revenue for the quarter was up 2.5% on a year-over-year basis. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. Equities analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a dividend of $0.31 per share. The ex-dividend date is Monday, September 15th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.7%. AMETEK's dividend payout ratio (DPR) 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.