Voleon Capital Management LP Purchases 3,360 Shares of AMETEK, Inc. $AME

Key Points

• Voleon Capital Management LP increased its stake in AMETEK, Inc. by 40.4% during the first quarter, now holding shares valued at $2.01 million.
• AMETEK reported earnings of $1.78 per share for the last quarter, surpassing expectations and demonstrating a 2.5% increase in revenue year-over-year.
• The company recently announced a quarterly dividend of $0.31 per share, reflecting a dividend yield of 0.7% and a payout ratio of 19.97%.

Voleon Capital Management LP raised its holdings in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 40.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,671 shares of the technology company's stock after purchasing an additional 3,360 shares during the period. Voleon Capital Management LP's holdings in AMETEK were worth $2,009,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bares Capital Management Inc. bought a new position in shares of AMETEK during the first quarter valued at approximately $26,000. Olde Wealth Management LLC bought a new position in shares of AMETEK during the first quarter valued at approximately $29,000. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of AMETEK by 57.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company's stock valued at $33,000 after purchasing an additional 71 shares in the last quarter. Minot DeBlois Advisors LLC bought a new position in shares of AMETEK during the fourth quarter valued at approximately $43,000. Finally, Zions Bancorporation National Association UT bought a new position in shares of AMETEK during the first quarter valued at approximately $42,000. Institutional investors own 87.43% of the company's stock.

AMETEK Price Performance

AMETEK stock traded down $2.08 during mid-day trading on Friday, hitting $189.95. The stock had a trading volume of 813,138 shares, compared to its average volume of 1,349,196. The firm has a market capitalization of $43.87 billion, a P/E ratio of 30.59, a P/E/G ratio of 2.69 and a beta of 1.10. 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 firm's 50 day moving average is $183.14 and its 200 day moving average is $177.19. AMETEK, Inc. has a one year low of $145.02 and a one year high of $198.33.

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. The business 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 quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.66 EPS. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. On average, sell-side analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Monday, September 15th. AMETEK's dividend payout ratio is currently 19.97%.

Analyst Ratings Changes

Several brokerages recently weighed in on AME. Melius downgraded shares of AMETEK from a "buy" rating to a "hold" rating and set a $192.00 price target for the company. in a research report on Monday, July 14th. KeyCorp raised 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. Barclays began coverage on shares of AMETEK in a research report on Wednesday. They set an "equal weight" rating and a $200.00 price target for the company. Mizuho raised their price target 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. Finally, TD Cowen raised shares of AMETEK from a "sell" rating to a "hold" rating and raised their price target for the company from $158.00 to $180.00 in a research report on Tuesday, September 2nd. Seven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus 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.