Free Trial

Vanguard Personalized Indexing Management LLC Boosts Stock Holdings in AMETEK, Inc. $AME

AMETEK logo with Computer and Technology background

Key Points

  • Vanguard Personalized Indexing Management LLC increased its stake in AMETEK, Inc. by 9.2%, owning 25,271 shares valued at approximately $4.58 million after purchasing an additional 2,119 shares.
  • Analysts have raised their price targets for AMETEK, with eight giving a Buy rating and six a Hold rating, resulting in a consensus target price of $207.42.
  • AMETEK announced a quarterly dividend of $0.31 per share, representing an annualized yield of 0.7%, with a dividend payout ratio of 19.97%.
  • Interested in AMETEK? Here are five stocks we like better.

Vanguard Personalized Indexing Management LLC increased its stake in AMETEK, Inc. (NYSE:AME - Free Report) by 9.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,271 shares of the technology company's stock after purchasing an additional 2,119 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in AMETEK were worth $4,576,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AME. GAMMA Investing LLC boosted its holdings in AMETEK by 7.3% in the first quarter. GAMMA Investing LLC now owns 5,654 shares of the technology company's stock worth $973,000 after purchasing an additional 384 shares during the last quarter. Fifth Third Bancorp boosted its holdings in AMETEK by 5.2% in the first quarter. Fifth Third Bancorp now owns 7,570 shares of the technology company's stock worth $1,303,000 after purchasing an additional 373 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in AMETEK by 10.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 115,194 shares of the technology company's stock worth $19,829,000 after purchasing an additional 10,685 shares during the last quarter. Exchange Traded Concepts LLC boosted its holdings in AMETEK by 3,078.7% in the first quarter. Exchange Traded Concepts LLC now owns 25,970 shares of the technology company's stock worth $4,470,000 after purchasing an additional 25,153 shares during the last quarter. Finally, Sowell Financial Services LLC purchased a new stake in AMETEK in the first quarter worth approximately $293,000. Hedge funds and other institutional investors own 87.43% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on AME shares. Robert W. Baird increased their price target on shares of AMETEK from $190.00 to $198.00 and gave the stock a "neutral" rating in a research report on Monday, August 4th. Morgan Stanley increased their price target on shares of AMETEK from $185.00 to $198.00 and gave the stock an "equal weight" rating in a research report on Friday, August 8th. Weiss Ratings reiterated a "buy (b)" rating on shares of AMETEK in a research report on Wednesday, October 8th. Melius Research upgraded shares of AMETEK to a "hold" rating in a research report on Monday, July 14th. Finally, DA Davidson increased their price target on shares of AMETEK from $210.00 to $215.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, AMETEK has a consensus rating of "Moderate Buy" and a consensus price target of $207.42.

Read Our Latest Report on AME

AMETEK Stock Up 1.6%

Shares of AME stock opened at $182.12 on Tuesday. The company has a market capitalization of $42.06 billion, a price-to-earnings ratio of 29.33, a PEG ratio of 2.57 and a beta of 1.11. AMETEK, Inc. has a one year low of $145.02 and a one year high of $198.33. The company's fifty day moving average price is $185.55 and its 200-day moving average price is $178.02. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04.

AMETEK (NYSE:AME - Get Free Report) last posted its earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.09. The company had revenue of $1.78 billion during 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%. AMETEK's quarterly revenue was up 2.5% on a year-over-year basis. During the same period last 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. Sell-side analysts expect that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Monday, September 15th. AMETEK's dividend payout ratio (DPR) is presently 19.97%.

AMETEK Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for AMETEK (NYSE:AME)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in AMETEK Right Now?

Before you consider AMETEK, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AMETEK wasn't on the list.

While AMETEK currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.