Howard Capital Management Group LLC Purchases Shares of 156,027 AMETEK, Inc. $AME

Key Points

• Howard Capital Management Group LLC acquired 156,027 shares of AMETEK, Inc. in Q2, valued at approximately $28.2 million, making it 2.0% of their portfolio.
• Several institutional investors increased their stakes in AMETEK, with 87.43% of the stock now owned by these investors.
• AMETEK recently reported quarterly earnings of $1.78 EPS, exceeding estimates, and announced a quarterly dividend of $0.31, equating to a 0.7% dividend yield.

Howard Capital Management Group LLC acquired a new position in AMETEK, Inc. (NYSE:AME - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 156,027 shares of the technology company's stock, valued at approximately $28,235,000. AMETEK accounts for approximately 2.0% of Howard Capital Management Group LLC's portfolio, making the stock its 21st largest holding. Howard Capital Management Group LLC owned 0.07% of AMETEK at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AME. Bares Capital Management Inc. purchased a new position in shares of AMETEK in the first quarter worth $26,000. ST Germain D J Co. Inc. lifted its stake in AMETEK by 628.6% in the 2nd quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company's stock worth $28,000 after purchasing an additional 132 shares in the last quarter. Olde Wealth Management LLC bought a new position in shares of AMETEK during the 1st quarter valued at about $29,000. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of AMETEK by 57.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company's stock valued at $33,000 after purchasing an additional 71 shares in the last quarter. Finally, Zions Bancorporation National Association UT bought a new stake in shares of AMETEK in the first quarter worth about $42,000. Institutional investors own 87.43% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Melius Research raised AMETEK to a "hold" rating in a research note on Monday, July 14th. TD Cowen upgraded AMETEK from a "sell" rating to a "hold" rating and increased their target price for the company from $158.00 to $180.00 in a research report on Tuesday, September 2nd. Melius cut shares of AMETEK from a "buy" rating to a "hold" rating and set a $192.00 price target on the stock. in a research report on Monday, July 14th. KeyCorp increased their price objective on shares of AMETEK from $195.00 to $205.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Finally, Robert W. Baird lifted their price objective on shares of AMETEK from $190.00 to $198.00 and gave the stock a "neutral" rating in a research note on Monday, August 4th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $205.00.

AMETEK Trading Up 1.2%

AME stock opened at $186.58 on Friday. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $198.33. The stock has a market capitalization of $43.09 billion, a price-to-earnings ratio of 30.04, a price-to-earnings-growth ratio of 2.65 and a beta of 1.10. 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 firm's fifty day simple moving average is $184.73 and its two-hundred day simple moving average is $177.39.

AMETEK (NYSE:AME - Get Free Report) last released 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 firm had revenue of $1.78 billion during the quarter, compared to analysts' expectations of $1.74 billion. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The firm's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the previous year, the company 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, analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Monday, September 15th. 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.

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