MBB Public Markets I LLC Acquires New Holdings in AMETEK, Inc. $AME

Key Points

• MBB Public Markets I LLC has acquired a new stake in AMETEK, Inc., purchasing 1,800 shares valued at approximately $310,000 in the first quarter.
• AMETEK reported $1.78 earnings per share for the last quarter, surpassing analyst expectations, with revenues of $1.78 billion, marking a 2.5% increase year-over-year.
• The company announced a quarterly dividend of $0.31 per share, with a yield of 0.7%, to be paid on September 30th to shareholders of record.

MBB Public Markets I LLC acquired a new stake in AMETEK, Inc. (NYSE:AME - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,800 shares of the technology company's stock, valued at approximately $310,000.

A number of other large investors have also added to or reduced their stakes in the business. DAVENPORT & Co LLC raised its holdings in AMETEK by 0.8% in the 1st quarter. DAVENPORT & Co LLC now owns 7,125 shares of the technology company's stock valued at $1,226,000 after buying an additional 60 shares during the last quarter. Alps Advisors Inc. raised its holdings in AMETEK by 1.0% during the 1st quarter. Alps Advisors Inc. now owns 6,260 shares of the technology company's stock worth $1,078,000 after purchasing an additional 60 shares during the last quarter. EWA LLC raised its holdings in AMETEK by 4.9% during the 1st quarter. EWA LLC now owns 1,382 shares of the technology company's stock worth $238,000 after purchasing an additional 65 shares during the last quarter. Buckhead Capital Management LLC raised its holdings in AMETEK by 0.3% during the 1st quarter. Buckhead Capital Management LLC now owns 22,830 shares of the technology company's stock worth $3,930,000 after purchasing an additional 65 shares during the last quarter. Finally, Signaturefd LLC raised its holdings in AMETEK by 1.5% during the 1st quarter. Signaturefd LLC now owns 4,625 shares of the technology company's stock worth $796,000 after purchasing an additional 67 shares during the last quarter. Institutional investors own 87.43% of the company's stock.

AMETEK Stock Performance

NYSE:AME opened at $187.43 on Thursday. The firm has a market capitalization of $43.29 billion, a P/E ratio of 30.18, a P/E/G ratio of 2.70 and a beta of 1.10. The company has a fifty day moving average of $182.98 and a 200-day moving average of $177.14. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $198.33.

AMETEK (NYSE:AME - Get Free Report) last released 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. The firm had revenue of $1.78 billion for 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 business's quarterly revenue was up 2.5% compared to the same quarter last year. During the same period last year, the firm earned $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. As a group, sell-side analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued 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 of this dividend is Monday, September 15th. AMETEK's payout ratio is currently 19.97%.

Analysts Set New Price Targets

Several research firms have issued reports on AME. KeyCorp raised their price target on shares of AMETEK from $195.00 to $205.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. DA Davidson raised their price target on shares of AMETEK from $210.00 to $215.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Morgan Stanley lifted their price objective on shares of AMETEK from $185.00 to $198.00 and gave the company an "equal weight" rating in a research note on Friday, August 8th. Mizuho lifted their price objective on shares of AMETEK from $212.00 to $225.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Finally, Barclays started coverage on shares of AMETEK in a research note on Wednesday. They issued an "equal weight" rating and a $200.00 price objective for the company. Seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $205.00.

AMETEK 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.

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