5,924 Shares in AMETEK, Inc. $AME Bought by Scientech Research LLC

Key Points

• Scientech Research LLC has made a new investment in AMETEK, Inc., acquiring 5,924 shares valued at approximately $1.02 million during the 1st quarter.
• Multiple institutional investors, including Bank Pictet & Cie and D. E. Shaw & Co., have significantly increased their stakes in AMETEK, indicating strong institutional interest in the company.
• AMETEK reported $1.78 EPS for its last quarterly earnings, exceeding analysts' expectations, with an annual revenue increase of 2.5% year-over-year.

Scientech Research LLC bought a new position in shares of AMETEK, Inc. (NYSE:AME - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 5,924 shares of the technology company's stock, valued at approximately $1,020,000.

A number of other institutional investors also recently modified their holdings of AME. Banco Santander S.A. boosted its holdings in AMETEK by 20.8% during the first quarter. Banco Santander S.A. now owns 45,365 shares of the technology company's stock worth $7,809,000 after purchasing an additional 7,799 shares during the last quarter. M.D. Sass LLC increased its position in AMETEK by 2.1% during the first quarter. M.D. Sass LLC now owns 366,994 shares of the technology company's stock worth $63,174,000 after buying an additional 7,666 shares during the last quarter. DAVENPORT & Co LLC raised its stake in AMETEK by 0.8% in the first 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 period. Raiffeisen Bank International AG lifted its position in shares of AMETEK by 16.5% in the first 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 bought a new position in shares of AMETEK during the 1st quarter worth approximately $293,000. 87.43% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on AME shares. TD Cowen upgraded AMETEK from a "sell" rating to a "hold" rating and increased their price target for the company from $158.00 to $180.00 in a research note on Tuesday, September 2nd. Melius downgraded shares of AMETEK from a "buy" rating to a "hold" rating and set a $192.00 price objective on the stock. in a report on Monday, July 14th. DA Davidson raised their target price on shares of AMETEK from $210.00 to $215.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. 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 note on Friday, August 8th. Finally, Mizuho increased their price target on shares of AMETEK from $212.00 to $225.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat, AMETEK presently has a consensus rating of "Moderate Buy" and a consensus target price of $205.00.

AMETEK Price Performance

NYSE AME traded down $1.38 during midday trading on Friday, hitting $190.65. The company had a trading volume of 251,931 shares, compared to its average volume of 1,345,777. The firm has a 50-day moving average price of $183.14 and a 200-day moving average price of $177.19. The company has a market capitalization of $44.03 billion, a PE ratio of 30.74, a P/E/G ratio of 2.69 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 twelve month low of $145.02 and a twelve month high of $198.33.

AMETEK (NYSE:AME - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 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 analysts' expectations of $1.74 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.AMETEK's revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the business 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. As a group, analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors 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 currently 19.97%.

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.