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Vaughan Nelson Investment Management L.P. Decreases Stock Holdings in AMETEK, Inc. $AME

AMETEK logo with Computer and Technology background

Key Points

  • Vaughan Nelson Investment Management L.P. reduced its stake in AMETEK, Inc. by 2.1%, holding 145,871 shares valued at approximately $26.4 million as of their last SEC filing.
  • Several institutional investors have increased their stakes in AMETEK, with Invesco Ltd. boosting its holdings by 127.2% in the first quarter.
  • Analysts have mixed sentiments on AMETEK stock; Royal Bank of Canada increased its price target to $212, while Melius lowered their rating to "hold" with a $192 target.
  • Five stocks to consider instead of AMETEK.

Vaughan Nelson Investment Management L.P. trimmed its holdings in AMETEK, Inc. (NYSE:AME - Free Report) by 2.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 145,871 shares of the technology company's stock after selling 3,063 shares during the quarter. Vaughan Nelson Investment Management L.P. owned about 0.06% of AMETEK worth $26,397,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of AME. Invesco Ltd. lifted its stake in AMETEK by 127.2% in the 1st 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 in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in AMETEK by 21.1% in the 1st 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 in the last quarter. Compagnie Lombard Odier SCmA purchased a new position in AMETEK in the 1st quarter worth approximately $113,317,000. Nuveen LLC purchased a new position in AMETEK in the 1st quarter worth approximately $94,051,000. Finally, Goldman Sachs Group Inc. lifted its stake in AMETEK by 28.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,178,233 shares of the technology company's stock worth $374,961,000 after purchasing an additional 484,803 shares in the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on AME shares. Royal Bank Of Canada lifted their price target 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. Melius lowered 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. Weiss Ratings reaffirmed a "buy (b)" rating on shares of AMETEK in a research report on Saturday, September 27th. Robert W. Baird lifted their price target on shares of AMETEK from $190.00 to $198.00 and gave the company a "neutral" rating in a research report on Monday, August 4th. Finally, KeyCorp lifted their price target on shares of AMETEK from $195.00 to $205.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $205.00.

Check Out Our Latest Stock Report on AME

AMETEK Stock Performance

NYSE:AME opened at $183.76 on Friday. The company has a fifty day simple moving average of $185.41 and a two-hundred day simple moving average of $177.75. The company has a market cap of $42.44 billion, a price-to-earnings ratio of 29.59, a price-to-earnings-growth ratio of 2.64 and a beta of 1.11. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. 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 the consensus estimate of $1.69 by $0.09. The business had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.74 billion. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The company's quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. 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 firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were paid a $0.31 dividend. The ex-dividend date was Monday, September 15th. This represents a $1.24 annualized dividend and a dividend yield of 0.7%. AMETEK's payout ratio is 19.97%.

AMETEK Company 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

Want to see what other hedge funds are holding AME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMETEK, Inc. (NYSE:AME - Free Report).

Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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