J. Safra Sarasin Holding AG Purchases 8,756 Shares of AMETEK, Inc. $AME

Key Points

• J. Safra Sarasin Holding AG increased its stake in AMETEK, Inc. by 533.3%, acquiring an additional 8,756 shares to bring its total holdings to 10,398 shares, valued at approximately $1.88 million.
• Recent analyst ratings for AMETEK range from a "hold" rating to a "buy" rating, with a consensus target price of $205.00 following several upward adjustments by firms like Mizuho and DA Davidson.
• AMETEK has reported a strong financial performance with a net margin of 20.60% and a recent quarterly EPS of $1.78, exceeding expectations, along with a new quarterly dividend of $0.31 per share.

J. Safra Sarasin Holding AG grew its position in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 533.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,398 shares of the technology company's stock after acquiring an additional 8,756 shares during the period. J. Safra Sarasin Holding AG's holdings in AMETEK were worth $1,882,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Bares Capital Management Inc. bought a new position in shares of AMETEK during the first quarter valued at approximately $26,000. ST Germain D J Co. Inc. raised its holdings 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 AMETEK in the 1st quarter worth $29,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in AMETEK by 57.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company's stock worth $33,000 after purchasing an additional 71 shares in the last quarter. Finally, Zions Bancorporation National Association UT bought a new position in AMETEK in the 1st quarter worth $42,000. Institutional investors own 87.43% of the company's stock.

Analyst Ratings Changes

A number of research firms recently issued reports on AME. Barclays began coverage on shares of AMETEK in a research note on Wednesday, September 10th. They issued an "equal weight" rating and a $200.00 price target for the company. Robert W. Baird increased their target price on AMETEK from $190.00 to $198.00 and gave the stock a "neutral" rating in a research report on Monday, August 4th. Melius Research raised AMETEK to a "hold" rating in a research report on Monday, July 14th. Mizuho increased their price objective on AMETEK from $212.00 to $225.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Finally, DA Davidson increased their price objective on AMETEK from $210.00 to $215.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, AMETEK currently has an average rating of "Moderate Buy" and a consensus target price of $205.00.

AMETEK Stock Down 1.3%

AME stock opened at $183.76 on Friday. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $198.33. 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 has a market cap of $42.44 billion, a PE ratio of 29.59, a price-to-earnings-growth ratio of 2.68 and a beta of 1.11. The business has a 50 day moving average of $185.41 and a 200 day moving average of $177.74.

AMETEK (NYSE:AME - Get Free Report) last posted its quarterly earnings data 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. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The company had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same quarter last year, the company earned $1.66 EPS. The firm'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. On average, research analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Monday, September 15th. AMETEK's dividend payout ratio (DPR) is currently 19.97%.

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.

Want to see what other hedge funds are holding AME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMETEK, Inc. (NYSE:AME - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.