Parallel Advisors LLC Sells 250 Shares of AMETEK, Inc. $AME

Parallel Advisors LLC lowered its position in AMETEK, Inc. (NYSE:AME) by 8.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,713 shares of the technology company’s stock after selling 250 shares during the quarter. Parallel Advisors LLC’s holdings in AMETEK were worth $491,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in AME. Bank Pictet & Cie Europe AG boosted its position in AMETEK by 23.5% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 183,024 shares of the technology company’s stock valued at $32,992,000 after buying an additional 34,866 shares during the period. Tidal Investments LLC boosted its position in AMETEK by 3.9% during the fourth quarter. Tidal Investments LLC now owns 12,398 shares of the technology company’s stock valued at $2,235,000 after buying an additional 460 shares during the period. Vident Advisory LLC boosted its position in AMETEK by 11.8% during the fourth quarter. Vident Advisory LLC now owns 6,887 shares of the technology company’s stock valued at $1,242,000 after buying an additional 728 shares during the period. Woodline Partners LP boosted its position in AMETEK by 890.7% during the fourth quarter. Woodline Partners LP now owns 34,357 shares of the technology company’s stock valued at $6,193,000 after buying an additional 30,889 shares during the period. Finally, Focus Partners Advisor Solutions LLC boosted its holdings in shares of AMETEK by 2.9% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 8,767 shares of the technology company’s stock worth $1,580,000 after purchasing an additional 249 shares during the period. Institutional investors own 87.43% of the company’s stock.

AMETEK Price Performance

Shares of AME opened at $187.81 on Friday. The company has a market capitalization of $43.37 billion, a P/E ratio of 30.24, a price-to-earnings-growth ratio of 2.71 and a beta of 1.10. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. The firm has a 50 day moving average of $183.88 and a 200 day moving average of $177.25. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $198.33.

AMETEK (NYSE:AME) last posted its 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. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The business had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.74 billion. During the same quarter in the previous year, the firm posted $1.66 EPS. The firm’s revenue was up 2.5% on a year-over-year basis. 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 research analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Monday, September 15th. AMETEK’s payout ratio is 19.97%.

Wall Street Analyst Weigh In

AME has been the subject of a number of analyst reports. Royal Bank Of Canada increased their target price on shares of AMETEK from $209.00 to $212.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. DA Davidson increased their target price on shares of AMETEK from $210.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Morgan Stanley increased their target price on shares of AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a report on Friday, August 8th. Robert W. Baird increased their target price on shares of AMETEK from $190.00 to $198.00 and gave the stock a “neutral” rating in a report on Monday, August 4th. Finally, Melius Research upgraded shares of AMETEK to a “hold” rating in a report on Monday, July 14th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $205.00.

AMETEK 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.