Running Oak Capital LLC Increases Holdings in AMETEK, Inc. $AME

Key Points

• Running Oak Capital LLC increased its stake in AMETEK, Inc. by 6.1%, owning 90,434 shares valued at approximately $16.37 million as of the most recent quarter.
• AMETEK reported better-than-expected earnings, posting $1.78 EPS, beating estimates of $1.69, while quarterly revenue grew by 2.5% year-over-year.
• The company recently announced a quarterly dividend of $0.31 per share, with a 0.7% annual yield, and a dividend payout ratio of 19.97%.

Running Oak Capital LLC grew its stake in AMETEK, Inc. (NYSE:AME - Free Report) by 6.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 90,434 shares of the technology company's stock after acquiring an additional 5,175 shares during the quarter. Running Oak Capital LLC's holdings in AMETEK were worth $16,365,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its position in AMETEK by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 26,484,263 shares of the technology company's stock valued at $4,559,001,000 after purchasing an additional 336,491 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of AMETEK by 21.1% in the first 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 buying an additional 1,908,742 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of AMETEK by 2.8% during the first quarter. JPMorgan Chase & Co. now owns 5,747,368 shares of the technology company's stock valued at $989,352,000 after buying 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 first quarter. Flossbach Von Storch SE now owns 3,770,066 shares of the technology company's stock valued at $648,979,000 after acquiring an additional 45,714 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in AMETEK by 127.2% in the 1st quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company's stock worth $598,943,000 after acquiring an additional 1,947,831 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors.

AMETEK Price Performance

NYSE AME opened at $183.76 on Monday. The company has a 50-day moving average price of $185.41 and a 200-day moving average price of $177.76. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $198.33. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $42.44 billion, a P/E ratio of 29.59, a PEG ratio of 2.64 and a beta of 1.11.

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, 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 company had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same period in the previous year, the business posted $1.66 earnings per share. The firm'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. Equities research analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Monday, September 15th. AMETEK's dividend payout ratio (DPR) is currently 19.97%.

Wall Street Analysts Forecast Growth

AME has been the subject of a number of research analyst reports. Barclays initiated coverage on AMETEK in a report on Wednesday, September 10th. They issued an "equal weight" rating and a $200.00 target price for the company. Melius Research raised AMETEK to a "hold" rating in a research report on Monday, July 14th. Royal Bank Of Canada boosted their target price on AMETEK from $209.00 to $212.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. DA Davidson raised their price target on shares of AMETEK from $210.00 to $215.00 and gave the company a "buy" rating in a report on Friday, August 1st. Finally, Robert W. Baird lifted their price target on shares of AMETEK from $190.00 to $198.00 and gave the stock a "neutral" rating in a research note on Monday, August 4th. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $205.00.

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.

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