Trexquant Investment LP Grows Position in AMETEK, Inc. $AME

Key Points

• Trexquant Investment LP significantly increased its holdings in AMETEK, Inc. by 2,381.1% during the first quarter, now owning approximately 147,922 shares valued at $25.5 million.
• Analysts have raised their price targets for AMETEK, with KeyCorp upgrading it to $205 and DA Davidson to $215, reflecting a generally positive outlook for the stock.
• AMETEK recently announced a quarterly dividend of $0.31, representing a 0.7% dividend yield with a payout ratio of 19.97%.

Trexquant Investment LP lifted its position in AMETEK, Inc. (NYSE:AME - Free Report) by 2,381.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 147,922 shares of the technology company's stock after purchasing an additional 141,960 shares during the quarter. Trexquant Investment LP owned about 0.06% of AMETEK worth $25,463,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of AME. Invesco Ltd. increased its position in AMETEK by 127.2% in the first quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company's stock worth $598,943,000 after purchasing an additional 1,947,831 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in 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 purchasing an additional 1,908,742 shares during the last quarter. Lazard Asset Management LLC increased its position in AMETEK by 393.1% in the fourth quarter. Lazard Asset Management LLC now owns 1,215,087 shares of the technology company's stock worth $219,030,000 after purchasing an additional 968,661 shares during the last quarter. GAMMA Investing LLC increased its position in AMETEK by 18,368.3% in the first quarter. GAMMA Investing LLC now owns 973,280 shares of the technology company's stock worth $167,540,000 after purchasing an additional 968,010 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA bought a new stake in AMETEK in the first quarter worth $113,317,000. Institutional investors own 87.43% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. KeyCorp boosted their price target on shares of AMETEK from $195.00 to $205.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Mizuho boosted their price objective on shares of AMETEK from $212.00 to $225.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. Royal Bank Of Canada boosted their price objective on shares of AMETEK from $209.00 to $212.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. Morgan Stanley boosted their price objective on shares of AMETEK from $185.00 to $198.00 and gave the company an "equal weight" rating in a research report on Friday, August 8th. Finally, Melius Research upgraded shares of AMETEK to a "hold" rating in a research report on Monday, July 14th. Seven analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $208.00.

AMETEK Trading Down 1.1%

Shares of NYSE AME traded down $2.02 during mid-day trading on Friday, reaching $184.71. The company had a trading volume of 809,674 shares, compared to its average volume of 1,228,306. The business's 50-day moving average is $181.97 and its 200-day moving average is $177.03. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15. The stock has a market cap of $42.66 billion, a price-to-earnings ratio of 29.74, a price-to-earnings-growth ratio of 2.66 and a beta of 1.10. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $198.33.

AMETEK (NYSE:AME - Get Free Report) last posted 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 firm had revenue of $1.78 billion for the quarter, compared to analysts' expectations of $1.74 billion. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The business's revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the prior year, the business 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. Equities analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Dividend Announcement

The business also recently declared 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 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 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.