Mutual of America Capital Management LLC Buys 2,574 Shares of AMETEK, Inc. $AME

Mutual of America Capital Management LLC grew its position in AMETEK, Inc. (NYSE:AME - Free Report) by 4.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 63,513 shares of the technology company's stock after acquiring an additional 2,574 shares during the period. Mutual of America Capital Management LLC's holdings in AMETEK were worth $11,493,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Bares Capital Management Inc. bought a new position in shares of AMETEK in the first quarter valued at approximately $26,000. ST Germain D J Co. Inc. raised its stake in shares of AMETEK by 628.6% in the second quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company's stock valued at $28,000 after acquiring an additional 132 shares during the last quarter. Olde Wealth Management LLC bought a new position in shares of AMETEK in the first quarter valued at approximately $29,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of 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 acquiring an additional 71 shares during the last quarter. Finally, Zions Bancorporation National Association UT bought a new position in shares of AMETEK in the first quarter valued at approximately $42,000. Institutional investors own 87.43% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on AME shares. 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 target price for the company. Royal Bank Of Canada raised their price target on shares of AMETEK from $209.00 to $212.00 and gave the company an "outperform" rating in a report on Friday, August 1st. KeyCorp raised their price target on shares of AMETEK from $195.00 to $205.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Morgan Stanley raised their price target on shares of AMETEK from $185.00 to $198.00 and gave the company an "equal weight" rating in a report on Friday, August 8th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of AMETEK in a report on Wednesday, October 8th. Eight 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 a consensus rating of "Moderate Buy" and an average target price of $207.42.

AMETEK Price Performance

AME opened at $185.66 on Monday. The company has a fifty day moving average price of $185.69 and a two-hundred day moving average price of $178.46. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.63. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $198.33. The firm has a market capitalization of $42.88 billion, a PE ratio of 29.90, a P/E/G ratio of 2.66 and a beta of 1.11.

AMETEK (NYSE:AME - Get Free Report) last released its earnings results on Thursday, July 31st. The technology company reported $1.78 EPS for the quarter, topping analysts' consensus estimates of $1.69 by $0.09. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The firm had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same quarter in the previous year, the business earned $1.66 EPS. The business's quarterly revenue was up 2.5% compared to the same quarter last year. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were 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 was Monday, September 15th. AMETEK's payout ratio 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.

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