Ameritas Advisory Services LLC Makes New Investment in AMETEK, Inc. $AME

Ameritas Advisory Services LLC bought a new position in AMETEK, Inc. (NYSE:AME) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 405 shares of the technology company’s stock, valued at approximately $73,000.

Several other institutional investors have also bought and sold shares of AME. GAMMA Investing LLC raised its stake in shares of AMETEK by 7.3% in the first quarter. GAMMA Investing LLC now owns 5,654 shares of the technology company’s stock valued at $973,000 after acquiring an additional 384 shares during the period. Simon Quick Advisors LLC bought a new position in shares of AMETEK in the first quarter worth about $325,000. Fifth Third Bancorp grew its holdings in shares of 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. NorthCrest Asset Manangement LLC grew its holdings in shares of AMETEK by 3.1% in the first quarter. NorthCrest Asset Manangement LLC now owns 4,046 shares of the technology company’s stock worth $697,000 after purchasing an additional 120 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of 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. Institutional investors own 87.43% of the company’s stock.

AMETEK Trading Down 2.2%

Shares of AME stock opened at $179.28 on Friday. The company’s 50-day moving average price is $185.60 and its 200-day moving average price is $177.92. 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 stock has a market cap of $41.40 billion, a price-to-earnings ratio of 28.87, a PEG ratio of 2.57 and a beta of 1.11. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $198.33.

AMETEK (NYSE:AME) last issued its quarterly earnings data on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.09. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The firm had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same period in the previous year, the firm earned $1.66 EPS. AMETEK’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 analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, September 15th. AMETEK’s dividend payout ratio is presently 19.97%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. TD Cowen raised shares of AMETEK from a “sell” rating to a “hold” rating and raised their target price for the company from $158.00 to $180.00 in a research report on Tuesday, September 2nd. Truist Financial raised their target price on shares of AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research report on Wednesday. DA Davidson raised their price target on shares of AMETEK from $210.00 to $215.00 and gave the company a “buy” rating in a report on Friday, August 1st. Robert W. Baird raised their price target on shares of AMETEK from $190.00 to $198.00 and gave the company a “neutral” rating in a report on Monday, August 4th. Finally, Barclays initiated coverage on shares of AMETEK in a report on Wednesday, September 10th. They issued an “equal weight” rating and a $200.00 price target on the stock. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $207.42.

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.