Groupama Asset Managment Increases Stock Holdings in AMETEK, Inc. $AME

Key Points

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Groupama Asset Managment raised its stake in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 18.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,455 shares of the technology company's stock after purchasing an additional 5,320 shares during the quarter. Groupama Asset Managment's holdings in AMETEK were worth $5,700,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of AME. Hsbc Holdings PLC raised its position in AMETEK by 15.2% during the 1st quarter. Hsbc Holdings PLC now owns 606,813 shares of the technology company's stock worth $103,960,000 after buying an additional 79,931 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in AMETEK by 8.2% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 20,799 shares of the technology company's stock valued at $3,580,000 after acquiring an additional 1,576 shares during the period. Giverny Capital Inc. lifted its stake in AMETEK by 0.3% during the 1st quarter. Giverny Capital Inc. now owns 977,434 shares of the technology company's stock valued at $168,255,000 after acquiring an additional 2,975 shares during the period. Korea Investment CORP lifted its stake in AMETEK by 24.0% during the 1st quarter. Korea Investment CORP now owns 194,104 shares of the technology company's stock valued at $33,413,000 after acquiring an additional 37,606 shares during the period. Finally, Aviso Financial Inc. lifted its stake in AMETEK by 6.8% during the 1st quarter. Aviso Financial Inc. now owns 35,489 shares of the technology company's stock valued at $6,109,000 after acquiring an additional 2,260 shares during the period. Institutional investors and hedge funds own 87.43% of the company's stock.

AMETEK Stock Performance

Shares of NYSE:AME traded up $3.3190 during trading on Friday, hitting $186.7590. 970,434 shares of the stock traded hands, compared to its average volume of 1,404,560. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. The company has a market cap of $43.13 billion, a price-to-earnings ratio of 30.07, a P/E/G ratio of 2.69 and a beta of 1.10. The company has a fifty day moving average price of $181.08 and a two-hundred day moving average price of $176.95. AMETEK, Inc. has a 52-week low of $145.02 and a 52-week 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, equities analysts predict that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend 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 is presently 19.97%.

Analysts Set New Price Targets

AME has been the subject of several research reports. Melius Research upgraded shares of AMETEK to a "hold" rating in a research note on Monday, July 14th. Truist Financial lifted their price objective on shares of AMETEK from $196.00 to $200.00 and gave the company a "buy" rating in a research note on Monday, May 5th. Melius cut shares of AMETEK from a "buy" rating to a "hold" rating and set a $192.00 price objective for the company. in a research note on Monday, July 14th. Wall Street Zen raised shares of AMETEK from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Finally, Morgan Stanley lifted their target price on shares of AMETEK from $185.00 to $198.00 and gave the company an "equal weight" rating in a report on Friday, August 8th. Seven 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 data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $208.00.

AMETEK Company 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.