Swedbank AB Purchases 5,612 Shares of AMETEK, Inc. $AME

Key Points

• Swedbank AB has increased its stake in AMETEK, Inc. by 8.0%, now holding 76,129 shares valued at approximately $13.11 million.
• Invesco Ltd. significantly boosted its position in AMETEK, acquiring a 127.2% increase in shares during the first quarter, now owning about 3.48 million shares.
• AMETEK reported earnings of $1.78 per share for the last quarter, exceeding analyst expectations, and announced a quarterly dividend of $0.31 per share, resulting in an annualized yield of 0.7%.

Swedbank AB lifted its holdings in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 8.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 76,129 shares of the technology company's stock after buying an additional 5,612 shares during the period. Swedbank AB's holdings in AMETEK were worth $13,105,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. DAVENPORT & Co LLC lifted its stake in shares of AMETEK by 0.8% in the 1st quarter. DAVENPORT & Co LLC now owns 7,125 shares of the technology company's stock worth $1,226,000 after acquiring an additional 60 shares during the period. Alps Advisors Inc. raised its holdings in AMETEK by 1.0% during the first quarter. Alps Advisors Inc. now owns 6,260 shares of the technology company's stock worth $1,078,000 after purchasing an additional 60 shares in the last quarter. EWA LLC lifted its position in AMETEK by 4.9% in the first quarter. EWA LLC now owns 1,382 shares of the technology company's stock worth $238,000 after purchasing an additional 65 shares during the period. Buckhead Capital Management LLC boosted its stake in AMETEK by 0.3% during the 1st quarter. Buckhead Capital Management LLC now owns 22,830 shares of the technology company's stock valued at $3,930,000 after purchasing an additional 65 shares in the last quarter. Finally, Signaturefd LLC increased its position in shares of AMETEK by 1.5% during the 1st quarter. Signaturefd LLC now owns 4,625 shares of the technology company's stock valued at $796,000 after purchasing an additional 67 shares during the period. Institutional investors and hedge funds own 87.43% of the company's stock.

AMETEK Stock Up 1.2%

AME traded up $2.23 during midday trading on Thursday, hitting $188.48. 467,239 shares of the company's stock traded hands, compared to its average volume of 1,340,234. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. The company has a market cap of $43.53 billion, a PE ratio of 30.35, a price-to-earnings-growth ratio of 2.69 and a beta of 1.10. The stock's fifty day simple moving average is $183.60 and its 200-day simple moving average is $177.20. AMETEK, Inc. has a one year low of $145.02 and a one year high of $198.33.

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, 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 net margin of 20.60% and a return on equity of 16.53%. AMETEK's quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the business 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, equities analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be given 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 currently 19.97%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on AME. KeyCorp upped their price objective on AMETEK from $195.00 to $205.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Barclays began coverage on shares of AMETEK in a report on Wednesday, September 10th. They issued an "equal weight" rating and a $200.00 price target for the company. Melius Research raised shares of AMETEK to a "hold" rating in a research note on Monday, July 14th. Melius downgraded shares of AMETEK from a "buy" rating to a "hold" rating and set a $192.00 target price on the stock. in a report on Monday, July 14th. Finally, Royal Bank Of Canada raised their target price on shares of AMETEK from $209.00 to $212.00 and gave the stock 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 given a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target 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.