Night Squared LP Acquires New Position in AMETEK, Inc. $AME

Key Points

• Night Squared LP invested approximately $2.98 million in AMETEK, buying 17,322 shares, making it the 25th largest holding in their portfolio.
• AMETEK recently reported a quarterly earnings per share (EPS) of $1.78, exceeding estimates and reflecting a 2.5% revenue increase year-over-year.
• The company announced a quarterly dividend of $0.31 per share, payable on September 30th, with a dividend yield of 0.7%.

Night Squared LP acquired a new stake in shares of AMETEK, Inc. (NYSE:AME - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 17,322 shares of the technology company's stock, valued at approximately $2,982,000. AMETEK comprises 1.8% of Night Squared LP's investment portfolio, making the stock its 25th largest holding.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Olde Wealth Management LLC purchased a new position in AMETEK in the 1st quarter worth $29,000. Annis Gardner Whiting Capital Advisors LLC boosted 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 buying an additional 71 shares during the last quarter. Banque Transatlantique SA purchased a new position in AMETEK in the 4th quarter worth approximately $37,000. Minot DeBlois Advisors LLC purchased a new position in AMETEK in the 4th quarter worth approximately $43,000. Finally, Zions Bancorporation National Association UT purchased a new position in AMETEK in the 1st quarter worth approximately $42,000. Hedge funds and other institutional investors own 87.43% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on AME. Royal Bank Of Canada lifted their price target on shares of AMETEK from $209.00 to $212.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. Morgan Stanley boosted their price target on shares of AMETEK from $185.00 to $198.00 and gave the stock an "equal weight" rating in a research note on Friday, August 8th. Melius Research upgraded shares of AMETEK to a "hold" rating in a research note on Monday, July 14th. Wall Street Zen upgraded shares of AMETEK from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. Finally, Melius cut shares of AMETEK from a "buy" rating to a "hold" rating and set a $192.00 price target for the company. in a research report on Monday, July 14th. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $205.45.

AMETEK Price Performance

AME traded down $0.80 on Wednesday, hitting $184.01. 892,045 shares of the company were exchanged, compared to its average volume of 1,360,507. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.63. The business's fifty day moving average is $182.22 and its 200 day moving average is $177.04. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $198.33. The firm has a market capitalization of $42.50 billion, a P/E ratio of 29.63, a price-to-earnings-growth ratio of 2.66 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 the consensus estimate of $1.69 by $0.09. The company 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 firm's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the prior year, the business 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, sell-side analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given 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 dividend payout ratio 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.