Mn Services Vermogensbeheer B.V. Raises Stock Holdings in 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. lifted its holdings in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 3.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 reporting period.

A number of other hedge funds also recently made changes to their positions in AME. Invesco Ltd. raised its stake in shares of AMETEK by 127.2% during the 1st quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company's stock worth $598,943,000 after purchasing an additional 1,947,831 shares during the period. Price T Rowe Associates Inc. MD raised its stake in shares of AMETEK by 21.1% during the 1st 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 purchasing an additional 1,908,742 shares during the period. GAMMA Investing LLC raised its stake in shares of AMETEK by 18,368.3% during the 1st quarter. GAMMA Investing LLC now owns 973,280 shares of the technology company's stock worth $167,540,000 after purchasing an additional 968,010 shares during the period. Compagnie Lombard Odier SCmA bought a new stake in shares of AMETEK during the 1st quarter worth $113,317,000. Finally, Nuveen LLC bought a new stake in shares of AMETEK during the 1st quarter worth $94,051,000. 87.43% of the stock is currently owned by institutional investors.

AMETEK Price Performance

AME stock traded up $0.61 during mid-day trading on Monday, reaching $188.48. 748,441 shares of the company traded hands, compared to its average volume of 1,075,395. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. The company has a market capitalization of $43.53 billion, a P/E ratio of 30.35, a P/E/G ratio of 2.70 and a beta of 1.10. AMETEK, Inc. has a 52-week low of $145.02 and a 52-week high of $198.33. The company has a fifty day moving average price of $184.09 and a 200-day moving average price of $177.18.

AMETEK (NYSE:AME - Get Free Report) last posted 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 business had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.74 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The company's quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the firm 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 business 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 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 presently 19.97%.

Wall Street Analyst Weigh In

AME has been the topic of a number of recent analyst reports. DA Davidson lifted their target price on AMETEK from $210.00 to $215.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Royal Bank Of Canada boosted their price objective on AMETEK from $209.00 to $212.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Melius Research upgraded AMETEK to a "hold" rating in a research note on Monday, July 14th. KeyCorp boosted their price objective on AMETEK from $195.00 to $205.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Finally, Morgan Stanley boosted their price objective on AMETEK from $185.00 to $198.00 and gave the company an "equal weight" rating in a research note on Friday, August 8th. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $205.00.

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.