AMETEK, Inc. $AME Stock Position Lifted by TD Private Client Wealth LLC

TD Private Client Wealth LLC increased its stake in AMETEK, Inc. (NYSE:AME) by 29.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,226 shares of the technology company’s stock after purchasing an additional 276 shares during the period. TD Private Client Wealth LLC’s holdings in AMETEK were worth $222,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of AME. Bares Capital Management Inc. acquired a new stake in shares of AMETEK in the first quarter worth $26,000. Olde Wealth Management LLC bought a new position in AMETEK during the first quarter valued at about $29,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in 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. Zions Bancorporation National Association UT acquired a new stake in AMETEK during the first quarter valued at approximately $42,000. Finally, Costello Asset Management INC acquired a new position in shares of AMETEK in the 1st quarter worth approximately $43,000. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have commented on the stock. Barclays initiated coverage on shares of AMETEK in a research report on Wednesday, September 10th. They set an “equal weight” rating and a $200.00 target price for the company. Royal Bank Of Canada increased their price target on shares of AMETEK from $209.00 to $212.00 and gave the company an “outperform” rating in a report on Friday, August 1st. DA Davidson raised 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 raised their target price on shares of AMETEK from $185.00 to $198.00 and gave the company an “equal weight” rating in a research report on Friday, August 8th. Finally, Mizuho lifted their price target on shares of AMETEK from $212.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, AMETEK has an average rating of “Moderate Buy” and an average target price of $205.00.

AMETEK Stock Up 1.2%

Shares of AME opened at $186.58 on Monday. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $198.33. The firm has a fifty day moving average price of $184.73 and a 200-day moving average price of $177.42. The firm has a market capitalization of $43.09 billion, a P/E ratio of 30.04, a P/E/G ratio of 2.68 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.

AMETEK (NYSE:AME) last released its quarterly earnings data on Thursday, July 31st. The technology company reported $1.78 earnings per share 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 company had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same period in the prior year, the firm earned $1.66 earnings per share. The firm’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. Equities research analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be 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 is Monday, September 15th. AMETEK’s payout ratio is 19.97%.

About AMETEK

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.