Quantbot Technologies LP Lowers Stake in AMETEK, Inc. $AME

Key Points

• Quantbot Technologies LP reduced its stake in AMETEK, Inc. by 23.7% during the first quarter, selling 10,077 shares and now holding a total of 32,436 shares worth approximately $5.58 million.
• AMETEK recently announced a quarterly dividend of $0.31 per share, which will be paid on September 30th, reflecting an annualized payout of $1.24 and a yield of 0.7%.
• AMETEK's stock price has seen a recent increase and analysts maintain a consensus rating of "Moderate Buy" with an average target price of $208.00.

Quantbot Technologies LP decreased its position in AMETEK, Inc. (NYSE:AME - Free Report) by 23.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 32,436 shares of the technology company's stock after selling 10,077 shares during the period. Quantbot Technologies LP's holdings in AMETEK were worth $5,584,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Banco Santander S.A. increased its stake in AMETEK by 20.8% in the 1st quarter. Banco Santander S.A. now owns 45,365 shares of the technology company's stock valued at $7,809,000 after buying an additional 7,799 shares during the last quarter. M.D. Sass LLC increased its stake in AMETEK by 2.1% in the 1st quarter. M.D. Sass LLC now owns 366,994 shares of the technology company's stock valued at $63,174,000 after buying an additional 7,666 shares during the last quarter. DAVENPORT & Co LLC increased its stake in AMETEK by 0.8% in the 1st quarter. DAVENPORT & Co LLC now owns 7,125 shares of the technology company's stock valued at $1,226,000 after buying an additional 60 shares during the last quarter. Raiffeisen Bank International AG increased its stake in AMETEK by 16.5% in the 1st quarter. Raiffeisen Bank International AG now owns 44,647 shares of the technology company's stock valued at $7,607,000 after buying an additional 6,318 shares during the last quarter. Finally, Sowell Financial Services LLC purchased a new stake in AMETEK in the 1st quarter valued at about $293,000. Hedge funds and other institutional investors own 87.43% of the company's stock.

AMETEK Price Performance

NYSE:AME traded up $3.3190 during trading hours on Friday, hitting $186.7590. The stock had a trading volume of 970,434 shares, compared to its average volume of 1,404,560. The company has a 50 day simple moving average of $181.08 and a two-hundred day simple moving average of $176.95. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. AMETEK, Inc. has a one year low of $145.02 and a one year high of $198.33. The firm has a market capitalization of $43.13 billion, a price-to-earnings ratio of 30.07, a P/E/G ratio of 2.69 and a beta of 1.10.

AMETEK (NYSE:AME - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $1.74 billion. During the same period last year, the firm 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. Research analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The business also recently disclosed 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 is Monday, September 15th. This represents a $1.24 annualized dividend and a dividend yield of 0.7%. AMETEK's dividend payout ratio (DPR) is 19.97%.

Analysts Set New Price Targets

AME has been the subject of a number of research reports. DA Davidson increased their target price on shares of 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 shares of AMETEK to a "hold" rating in a research report on Monday, July 14th. Royal Bank Of Canada lifted their price objective on shares of AMETEK from $209.00 to $212.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Truist Financial lifted their price objective on shares of AMETEK from $196.00 to $200.00 and gave the company a "buy" rating in a research note on Monday, May 5th. Finally, Mizuho lifted their price objective on shares of AMETEK from $212.00 to $225.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Seven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $208.00.

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.