Teza Capital Management LLC Purchases New Shares in AMETEK, Inc. $AME

Key Points

• Teza Capital Management LLC acquired a new stake in AMETEK, purchasing 7,128 shares valued at approximately $1.23 million during the first quarter.
• AMETEK reported a net margin of 20.60% and an EPS of $1.78 for its last quarterly earnings, surpassing analysts' expectations.
• The company recently announced a quarterly dividend of $0.31 per share, which will be paid out on September 30th to shareholders of record.

Teza Capital Management LLC purchased a new position in AMETEK, Inc. (NYSE:AME - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,128 shares of the technology company's stock, valued at approximately $1,227,000.

Other large investors also recently bought and sold shares of the company. Banco Santander S.A. increased its holdings in shares of AMETEK by 20.8% in the 1st quarter. Banco Santander S.A. now owns 45,365 shares of the technology company's stock worth $7,809,000 after buying an additional 7,799 shares during the last quarter. M.D. Sass LLC grew its position in AMETEK by 2.1% in the first quarter. M.D. Sass LLC now owns 366,994 shares of the technology company's stock worth $63,174,000 after acquiring an additional 7,666 shares in the last quarter. DAVENPORT & Co LLC increased its stake in AMETEK by 0.8% during the first 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 last quarter. Raiffeisen Bank International AG raised its position in AMETEK by 16.5% during the first quarter. Raiffeisen Bank International AG now owns 44,647 shares of the technology company's stock valued at $7,607,000 after purchasing an additional 6,318 shares during the period. Finally, Sowell Financial Services LLC purchased a new stake in AMETEK during the first quarter valued at approximately $293,000. Institutional investors own 87.43% of the company's stock.

AMETEK Stock Down 0.7%

AME traded down $1.38 during trading on Friday, hitting $190.65. The stock had a trading volume of 251,931 shares, compared to its average volume of 1,345,777. The stock has a 50 day simple moving average of $183.14 and a two-hundred day simple moving average of $177.19. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.63. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $198.33. The company has a market capitalization of $44.03 billion, a PE ratio of 30.74, a PEG ratio of 2.69 and a beta of 1.10.

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 return on equity of 16.53% and a net margin of 20.60%.The company had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same period in the prior year, the company posted $1.66 EPS. 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. On average, research analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Announces Dividend

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 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 dividend payout ratio (DPR) is currently 19.97%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. TD Cowen raised AMETEK from a "sell" rating to a "hold" rating and boosted their target price for the company from $158.00 to $180.00 in a research report on Tuesday, September 2nd. DA Davidson lifted their price objective 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. Royal Bank Of Canada increased their target price 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. Melius Research raised shares of AMETEK to a "hold" rating in a research note on Monday, July 14th. Finally, Robert W. Baird upped their price target on shares of AMETEK from $190.00 to $198.00 and gave the company a "neutral" rating in a report on Monday, August 4th. Seven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average 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.