Public Employees Retirement System of Ohio Raises Stock Holdings in AMETEK, Inc. $AME

Key Points

• The Public Employees Retirement System of Ohio increased its stake in AMETEK, Inc. by 7.8%, now owning 77,682 shares valued at approximately $14.06 million.
• Several hedge funds have also raised their positions in AMETEK, leading to 87.43% of the company's stock being owned by institutional investors.
• AMETEK announced a quarterly dividend of $0.31, with an annualized yield of 0.7%, contributing to a 19.97% payout ratio.

Public Employees Retirement System of Ohio raised its position in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 7.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,682 shares of the technology company's stock after acquiring an additional 5,621 shares during the period. Public Employees Retirement System of Ohio's holdings in AMETEK were worth $14,057,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of AMETEK by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 26,484,263 shares of the technology company's stock worth $4,559,001,000 after acquiring an additional 336,491 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings 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 acquiring an additional 1,908,742 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of AMETEK by 2.8% during the 1st quarter. JPMorgan Chase & Co. now owns 5,747,368 shares of the technology company's stock valued at $989,352,000 after purchasing an additional 154,682 shares during the last quarter. Flossbach Von Storch SE increased its position in shares of AMETEK by 1.2% during the 1st quarter. Flossbach Von Storch SE now owns 3,770,066 shares of the technology company's stock valued at $648,979,000 after purchasing an additional 45,714 shares during the last quarter. Finally, Invesco Ltd. increased its position 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 valued at $598,943,000 after purchasing an additional 1,947,831 shares during the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on AME shares. TD Cowen raised AMETEK from a "sell" rating to a "hold" rating and boosted their target price for the company from $158.00 to $180.00 in a research report on Tuesday, September 2nd. DA Davidson boosted their target price on AMETEK from $210.00 to $215.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Melius Research raised AMETEK to a "hold" rating in a research report on Monday, July 14th. Melius downgraded AMETEK from a "buy" rating to a "hold" rating and set a $192.00 target price on the stock. in a research report on Monday, July 14th. Finally, Morgan Stanley boosted their target price on 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 six have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $205.00.

AMETEK Stock Performance

Shares of AMETEK stock opened at $186.58 on Friday. The stock's fifty day moving average is $184.73 and its two-hundred day moving average is $177.39. The company has a market capitalization of $43.09 billion, a PE ratio of 30.04, a price-to-earnings-growth ratio of 2.65 and a beta of 1.10. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $198.33.

AMETEK (NYSE:AME - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The technology company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.69 by $0.09. The company had revenue of $1.78 billion for 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%.AMETEK's quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $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 expect that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Dividend Announcement

The company 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 $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Monday, September 15th. AMETEK's dividend payout ratio is currently 19.97%.

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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