IFM Investors Pty Ltd Has $7.90 Million Stock Holdings in AMETEK, Inc. $AME

Key Points

• IFM Investors Pty Ltd increased its stake in AMETEK, Inc. by 6.5%, bringing their total holdings to 43,630 shares valued at approximately $7.9 million.
• AMETEK's recent quarterly earnings report showed earnings per share of $1.78, exceeding analyst expectations, and revenue increased by 2.5% year-over-year to $1.78 billion.
• The company declared a quarterly dividend of $0.31 per share, with a dividend yield of 0.7% and a payout ratio of 19.97%, set to be paid on September 30th.

IFM Investors Pty Ltd lifted its position in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 6.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,630 shares of the technology company's stock after buying an additional 2,661 shares during the period. IFM Investors Pty Ltd's holdings in AMETEK were worth $7,895,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of AME. Invesco Ltd. boosted its position in shares of AMETEK by 127.2% during the first quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company's stock worth $598,943,000 after buying an additional 1,947,831 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in AMETEK by 21.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company's stock worth $1,888,385,000 after acquiring an additional 1,908,742 shares in the last quarter. GAMMA Investing LLC raised its holdings in AMETEK by 18,368.3% during the first quarter. GAMMA Investing LLC now owns 973,280 shares of the technology company's stock worth $167,540,000 after acquiring an additional 968,010 shares in the last quarter. Compagnie Lombard Odier SCmA bought a new stake in AMETEK during the first quarter worth about $113,317,000. Finally, Nuveen LLC bought a new stake in AMETEK during the first quarter worth about $94,051,000. 87.43% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently issued reports on AME. Barclays began coverage on AMETEK in a report on Wednesday, September 10th. They set an "equal weight" rating and a $200.00 target price on the stock. Melius Research upgraded AMETEK to a "hold" rating in a report on Monday, July 14th. Morgan Stanley upped their target price on AMETEK from $185.00 to $198.00 and gave the stock an "equal weight" rating in a report on Friday, August 8th. KeyCorp upped their target price on AMETEK from $195.00 to $205.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Finally, TD Cowen upgraded AMETEK from a "sell" rating to a "hold" rating and upped their target price for the stock from $158.00 to $180.00 in a report on Tuesday, September 2nd. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $205.00.

AMETEK Price Performance

AMETEK stock traded down $1.44 during mid-day trading on Tuesday, reaching $187.01. 675,727 shares of the company were exchanged, compared to its average volume of 1,340,650. The company has a fifty day simple moving average of $184.09 and a 200-day simple moving average of $177.18. The firm has a market cap of $43.19 billion, a PE ratio of 30.12, a PEG ratio of 2.70 and a beta of 1.10. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $198.33. 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 issued its earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share for the quarter, beating analysts' consensus estimates of $1.69 by $0.09. The firm had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.74 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The company's revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the business posted $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 research analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

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