Nissay Asset Management Corp Japan ADV Has $30.02 Million Stock Position in AMETEK, Inc. $AME

Key Points

• Nissay Asset Management Corp Japan ADV increased its holdings in AMETEK, Inc. by 23.2%, acquiring an additional 32,856 shares to reach a total of 174,394 shares valued at approximately $30 million.
• Institutional investors dominate AMETEK's ownership, with hedge funds holding 87.43% of the stock, indicating strong confidence in the company's performance.
• AMETEK reported an earnings per share (EPS) of $1.78 for the last quarter, surpassing expectations, and announced a quarterly dividend of $0.31, reflecting a yield of 0.7%.

Nissay Asset Management Corp Japan ADV boosted its holdings in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 23.2% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 174,394 shares of the technology company's stock after purchasing an additional 32,856 shares during the quarter. Nissay Asset Management Corp Japan ADV owned approximately 0.08% of AMETEK worth $30,020,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. DAVENPORT & Co LLC boosted its position in AMETEK by 0.8% during the 1st quarter. DAVENPORT & Co LLC now owns 7,125 shares of the technology company's stock valued at $1,226,000 after purchasing an additional 60 shares during the period. Alps Advisors Inc. boosted its position in AMETEK by 1.0% during the 1st quarter. Alps Advisors Inc. now owns 6,260 shares of the technology company's stock valued at $1,078,000 after purchasing an additional 60 shares during the period. EWA LLC boosted its position in AMETEK by 4.9% during the 1st quarter. EWA LLC now owns 1,382 shares of the technology company's stock valued at $238,000 after purchasing an additional 65 shares during the period. Buckhead Capital Management LLC boosted its position in AMETEK by 0.3% during the 1st quarter. Buckhead Capital Management LLC now owns 22,830 shares of the technology company's stock valued at $3,930,000 after purchasing an additional 65 shares during the period. Finally, Signaturefd LLC boosted its position in AMETEK by 1.5% during the 1st quarter. Signaturefd LLC now owns 4,625 shares of the technology company's stock valued at $796,000 after purchasing an additional 67 shares during the period. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on AME. Morgan Stanley boosted their price target on AMETEK from $185.00 to $198.00 and gave the stock an "equal weight" rating in a research report on Friday, August 8th. Royal Bank Of Canada upped their price objective on AMETEK from $209.00 to $212.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Mizuho upped their price objective on AMETEK from $212.00 to $225.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Wall Street Zen upgraded AMETEK from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Finally, DA Davidson upped their price objective on AMETEK from $210.00 to $215.00 and gave the company a "buy" rating in a report on Friday, August 1st. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $205.45.

AMETEK Trading Down 0.2%

Shares of AMETEK stock traded down $0.47 on Friday, reaching $187.41. 1,064,297 shares of the company were exchanged, compared to its average volume of 1,036,038. The stock has a fifty day moving average price of $182.63 and a 200-day moving average price of $176.98. The firm has a market capitalization of $43.28 billion, a price-to-earnings ratio of 30.18, a price-to-earnings-growth ratio of 2.70 and a beta of 1.10. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $198.33.

AMETEK (NYSE:AME - Get Free Report) last announced its earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 return on equity of 16.53% and a net margin of 20.60%.AMETEK's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the previous 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. On average, analysts expect that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Dividend Announcement

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