UMB Bank n.a. Grows Stock Position in AMETEK, Inc. $AME

Key Points

• UMB Bank n.a. significantly increased its stake in AMETEK, Inc. by 470.1% during the second quarter, now holding 3,147 shares valued at approximately $569,000.
• AMETEK recently reported an EPS of $1.78 for the last quarter, which exceeded analysts' expectations and marked a 2.5% revenue growth year-over-year.
• The company declared a quarterly dividend of $0.31 per share, reflecting an annualized yield of 0.7%, with the ex-dividend date set for September 15th.

UMB Bank n.a. increased its holdings in AMETEK, Inc. (NYSE:AME - Free Report) by 470.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 3,147 shares of the technology company's stock after acquiring an additional 2,595 shares during the period. UMB Bank n.a.'s holdings in AMETEK were worth $569,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Bank Pictet & Cie Europe AG increased its position in shares of AMETEK by 23.5% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 183,024 shares of the technology company's stock worth $32,992,000 after purchasing an additional 34,866 shares during the last quarter. Vise Technologies Inc. boosted its stake in AMETEK by 79.8% during the fourth quarter. Vise Technologies Inc. now owns 3,843 shares of the technology company's stock worth $693,000 after buying an additional 1,706 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in shares of AMETEK during the fourth quarter valued at about $14,479,000. Mackenzie Financial Corp raised its stake in shares of AMETEK by 0.9% in the 4th quarter. Mackenzie Financial Corp now owns 20,163 shares of the technology company's stock valued at $3,635,000 after acquiring an additional 176 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of AMETEK in the 4th quarter worth approximately $49,493,000. Hedge funds and other institutional investors own 87.43% of the company's stock.

AMETEK Stock Up 0.3%

Shares of NYSE:AME opened at $188.48 on Tuesday. The firm has a 50 day simple moving average of $184.09 and a 200-day simple moving average of $177.18. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $198.33. 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 company has a market capitalization of $43.53 billion, a PE ratio of 30.35, a P/E/G ratio of 2.70 and a beta of 1.10.

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. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The firm had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same period last year, the business earned $1.66 EPS. AMETEK's revenue for the quarter 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, equities analysts predict that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

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 paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Monday, September 15th. AMETEK's dividend payout ratio (DPR) is currently 19.97%.

Analysts Set New Price Targets

Several analysts recently weighed in on AME shares. Melius Research upgraded shares of AMETEK to a "hold" rating in a report on Monday, July 14th. DA Davidson lifted their price objective on AMETEK from $210.00 to $215.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Barclays began coverage on AMETEK in a research note on Wednesday, September 10th. They set an "equal weight" rating and a $200.00 target price on the stock. Morgan Stanley lifted their target price on 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 cut shares of AMETEK from a "buy" rating to a "hold" rating and set a $192.00 price target on the stock. in a research report on Monday, July 14th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, AMETEK has a consensus rating of "Moderate Buy" and an average price target of $205.00.

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.

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