Mn Services Vermogensbeheer B.V. Buys 2,800 Shares of AMETEK, Inc. $AME

Key Points

• Mn Services Vermogensbeheer B.V. increased its stake in AMETEK, Inc. by 3.4%, acquiring an additional 2,800 shares to hold a total of 86,300 shares valued at approximately $15.6 million.
• AMETEK's latest earnings report showed a 2.5% year-over-year revenue growth with earnings per share of $1.78, exceeding analyst expectations.
• The company announced a quarterly dividend of $0.31, which will be paid on September 30th, resulting in an annualized yield of 0.7%.

Mn Services Vermogensbeheer B.V. boosted its stake in AMETEK, Inc. (NYSE:AME - Free Report) by 3.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,300 shares of the technology company's stock after purchasing an additional 2,800 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in AMETEK were worth $15,617,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AME. Bares Capital Management Inc. bought a new position in shares of AMETEK in the 1st quarter valued at $26,000. Olde Wealth Management LLC bought a new position in shares of AMETEK in the 1st quarter valued at $29,000. Annis Gardner Whiting Capital Advisors LLC raised its position in AMETEK by 57.7% in 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 during the last quarter. Zions Bancorporation National Association UT bought a new position in AMETEK in the first quarter valued at about $42,000. Finally, Costello Asset Management INC bought a new position in AMETEK in the first quarter valued at about $43,000. Institutional investors own 87.43% of the company's stock.

AMETEK Stock Performance

AME stock opened at $188.60 on Friday. The stock has a 50-day moving average price of $183.74 and a 200-day moving average price of $177.22. AMETEK, Inc. has a 1-year low of $145.02 and a 1-year high of $198.33. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15. The firm has a market cap of $43.56 billion, a PE ratio of 30.37, a price-to-earnings-growth ratio of 2.68 and a beta of 1.10.

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, topping analysts' consensus estimates of $1.69 by $0.09. The business had revenue of $1.78 billion during 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 firm's revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the previous 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. As a group, equities research analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a $0.31 dividend. The ex-dividend date is Monday, September 15th. This represents a $1.24 annualized dividend and a dividend yield of 0.7%. AMETEK's payout ratio is currently 19.97%.

Analyst Ratings Changes

AME has been the subject of a number of research reports. KeyCorp raised their price objective on shares of AMETEK from $195.00 to $205.00 and gave the company an "overweight" rating in a report on Friday, August 1st. TD Cowen raised shares of AMETEK from a "sell" rating to a "hold" rating and raised their price target for the company from $158.00 to $180.00 in a research note on Tuesday, September 2nd. Melius Research raised shares of AMETEK to a "hold" rating in a research note on Monday, July 14th. Melius lowered AMETEK from a "buy" rating to a "hold" rating and set a $192.00 target price for the company. in a research report on Monday, July 14th. Finally, Royal Bank Of Canada raised their target price on AMETEK from $209.00 to $212.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $205.00.

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.

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