Sivia Capital Partners LLC Takes Position in AMETEK, Inc. $AME

Key Points

• Sivia Capital Partners LLC has acquired a new stake in AMETEK, Inc., purchasing 1,628 shares valued at approximately $295,000 in the second quarter.
• Research analysts have raised their price targets for AMETEK, with Royal Bank of Canada and Mizuho recently increasing their targets to $212.00 and $225.00, respectively, indicating a general positive outlook for the stock.
• AMETEK also declared a quarterly dividend of $0.31 per share, representing an annualized yield of 0.7% and a payout ratio of 19.97%.

Sivia Capital Partners LLC bought a new position in AMETEK, Inc. (NYSE:AME - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 1,628 shares of the technology company's stock, valued at approximately $295,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bares Capital Management Inc. acquired a new stake in shares of AMETEK in the 1st quarter worth $26,000. Olde Wealth Management LLC acquired a new stake in shares of AMETEK during the 1st quarter worth about $29,000. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of AMETEK by 57.7% during the 1st 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 acquired a new stake in shares of AMETEK during the 1st quarter worth about $42,000. Finally, Costello Asset Management INC acquired a new stake in shares of AMETEK during the 1st quarter worth about $43,000. 87.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AME has been the subject of a number of recent analyst reports. Melius downgraded AMETEK from a "buy" rating to a "hold" rating and set a $192.00 price objective for the company. in a research report on Monday, July 14th. DA Davidson raised their price objective on AMETEK from $210.00 to $215.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. KeyCorp raised their target price on AMETEK from $195.00 to $205.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Royal Bank Of Canada raised their target price on AMETEK from $209.00 to $212.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Finally, Mizuho raised their target price on AMETEK from $212.00 to $225.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $205.00.

AMETEK Stock Performance

AME traded up $0.27 during trading on Monday, hitting $188.14. 153,173 shares of the stock were exchanged, compared to its average volume of 1,341,028. The firm has a market capitalization of $43.45 billion, a P/E ratio of 30.31, a PEG ratio of 2.70 and a beta of 1.10. AMETEK, Inc. has a 1-year low of $145.02 and a 1-year high of $198.33. The stock has a fifty day moving average price of $183.88 and a two-hundred day moving average price of $177.15. 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 (NYSE:AME - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.69 by $0.09. The company had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.74 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The firm's revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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, sell-side analysts predict 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 will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a $0.31 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.7%. AMETEK's payout ratio is presently 19.97%.

AMETEK Company 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.