Hancock Whitney Corp Reduces Stock Holdings in AMETEK, Inc. $AME

Hancock Whitney Corp trimmed its holdings in AMETEK, Inc. (NYSE:AME - Free Report) by 81.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,477 shares of the technology company's stock after selling 6,403 shares during the quarter. Hancock Whitney Corp's holdings in AMETEK were worth $254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in AME. Bank Pictet & Cie Europe AG grew its position in shares of AMETEK by 23.5% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 183,024 shares of the technology company's stock worth $32,992,000 after buying an additional 34,866 shares during the period. Baird Financial Group Inc. grew its holdings in AMETEK by 14.3% in the fourth quarter. Baird Financial Group Inc. now owns 18,056 shares of the technology company's stock worth $3,255,000 after purchasing an additional 2,256 shares during the period. Captrust Financial Advisors increased its stake in AMETEK by 7.2% in the fourth quarter. Captrust Financial Advisors now owns 8,782 shares of the technology company's stock valued at $1,583,000 after purchasing an additional 592 shares in the last quarter. D. E. Shaw & Co. Inc. raised its holdings in shares of AMETEK by 1,230.9% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 235,910 shares of the technology company's stock valued at $42,525,000 after purchasing an additional 218,185 shares during the period. Finally, Fiduciary Trust Co boosted its position in shares of AMETEK by 40.9% during the 4th quarter. Fiduciary Trust Co now owns 2,163 shares of the technology company's stock worth $390,000 after purchasing an additional 628 shares in the last quarter. Institutional investors and hedge funds own 87.43% of the company's stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. DA Davidson boosted their target price on AMETEK from $210.00 to $215.00 and gave the company a "buy" rating in a research report on Friday, August 1st. KeyCorp boosted their price objective on AMETEK from $195.00 to $205.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Mizuho increased their target price on AMETEK from $212.00 to $225.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Melius Research upgraded shares of AMETEK to a "hold" rating in a report on Monday, July 14th. Finally, Barclays initiated coverage on shares of AMETEK in a report on Wednesday. They set an "equal weight" rating and a $200.00 price objective for the company. Seven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat, AMETEK presently has a consensus rating of "Moderate Buy" and an average target price of $205.00.

AMETEK Stock Down 0.8%

NYSE:AME traded down $1.55 on Friday, hitting $190.48. The stock had a trading volume of 364,578 shares, compared to its average volume of 1,346,457. The stock has a market cap of $43.99 billion, a P/E ratio of 30.67, a price-to-earnings-growth ratio of 2.69 and a beta of 1.10. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.63. The firm's fifty day simple moving average is $183.14 and its two-hundred day simple moving average is $177.19. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year 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 analysts' consensus estimates of $1.69 by $0.09. The business had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.74 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.AMETEK's quarterly revenue was up 2.5% compared to the same quarter last year. During the same period last year, the company posted $1.66 earnings per share. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. 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 given a dividend of $0.31 per share. The ex-dividend date is Monday, September 15th. This represents a $1.24 annualized dividend and a yield of 0.7%. AMETEK's dividend payout ratio is presently 19.97%.

About AMETEK

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.