Osterweis Capital Management Inc. Sells 31,510 Shares of AMETEK, Inc. $AME

Key Points

• Osterweis Capital Management Inc. sold 31,510 shares of AMETEK, Inc., reducing its holdings by 22.0%, now owning 112,007 shares valued at approximately $19.3 million.
• AMETEK reported $1.78 EPS for the recent quarter, exceeding analysts' expectations of $1.69, along with a revenue of $1.78 billion, up 2.5% year-over-year.
• The company announced a quarterly dividend of $0.31 per share, indicating a yield of 0.6%, with payment scheduled for September 30th.

Osterweis Capital Management Inc. decreased its holdings in AMETEK, Inc. (NYSE:AME - Free Report) by 22.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 112,007 shares of the technology company's stock after selling 31,510 shares during the quarter. Osterweis Capital Management Inc.'s holdings in AMETEK were worth $19,281,000 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 stake in shares of AMETEK in the first quarter worth $26,000. Olde Wealth Management LLC bought a new stake in shares of AMETEK in the first quarter worth $29,000. Annis Gardner Whiting Capital Advisors LLC grew 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 worth $33,000 after purchasing an additional 71 shares during the last quarter. Zions Bancorporation National Association UT bought a new stake in shares of AMETEK in the first quarter worth $42,000. Finally, Costello Asset Management INC bought a new stake in shares of AMETEK in the first quarter worth $43,000. Institutional investors own 87.43% of the company's stock.

AMETEK Price Performance

AME stock opened at $192.10 on Friday. The company has a market capitalization of $44.37 billion, a P/E ratio of 30.93, a price-to-earnings-growth ratio of 2.69 and a beta of 1.10. 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 business has a 50-day simple moving average of $183.14 and a two-hundred day simple moving average of $177.19.

AMETEK (NYSE:AME - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) 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 the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the business 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. Research analysts expect that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders 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 yield of 0.6%. AMETEK's dividend payout ratio (DPR) is 19.97%.

Wall Street Analyst Weigh In

AME has been the topic of several analyst reports. Mizuho boosted their price objective on shares of AMETEK from $212.00 to $225.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. Melius Research raised shares of AMETEK to a "hold" rating in a research report on Monday, July 14th. Barclays started coverage on shares of AMETEK in a research report on Wednesday. They set an "equal weight" rating and a $200.00 price target on the stock. KeyCorp upped their price target on shares of AMETEK from $195.00 to $205.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Finally, Morgan Stanley upped their price target on shares of AMETEK from $185.00 to $198.00 and gave the company an "equal weight" rating in a research report on Friday, August 8th. Seven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $205.00.

AMETEK 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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