AMETEK, Inc. $AME Position Lowered by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. reduced its position in AMETEK, Inc. (NYSE:AME) by 7.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 683,155 shares of the technology company’s stock after selling 57,319 shares during the quarter. Balyasny Asset Management L.P. owned approximately 0.30% of AMETEK worth $123,624,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SouthState Corp grew its position in shares of AMETEK by 47.4% in the 2nd quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after acquiring an additional 65 shares in the last quarter. Signature Estate & Investment Advisors LLC boosted its holdings in AMETEK by 3.9% in the first quarter. Signature Estate & Investment Advisors LLC now owns 1,784 shares of the technology company’s stock worth $307,000 after purchasing an additional 67 shares during the period. First Horizon Advisors Inc. increased its stake in AMETEK by 3.0% during the second quarter. First Horizon Advisors Inc. now owns 2,335 shares of the technology company’s stock valued at $423,000 after purchasing an additional 69 shares during the last quarter. Summit Financial LLC raised its holdings in shares of AMETEK by 2.6% during the first quarter. Summit Financial LLC now owns 3,451 shares of the technology company’s stock worth $594,000 after purchasing an additional 89 shares during the period. Finally, Leavell Investment Management Inc. lifted its position in shares of AMETEK by 2.2% in the 2nd quarter. Leavell Investment Management Inc. now owns 4,468 shares of the technology company’s stock worth $809,000 after buying an additional 96 shares during the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Insider Buying and Selling

In other news, CEO David A. Zapico sold 28,390 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $201.76, for a total value of $5,727,966.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ronald J. Oscher sold 26,290 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $200.05, for a total value of $5,259,314.50. Following the sale, the insider directly owned 40,226 shares in the company, valued at approximately $8,047,211.30. The trade was a 39.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 142,680 shares of company stock valued at $28,269,601. Company insiders own 0.57% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Royal Bank Of Canada increased their price objective on shares of AMETEK from $212.00 to $229.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. Wall Street Zen raised AMETEK from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. Robert W. Baird upped their price objective on AMETEK from $198.00 to $204.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Finally, DA Davidson raised their target price on AMETEK from $235.00 to $240.00 and gave the company a “buy” rating in a research note on Monday. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, AMETEK has a consensus rating of “Moderate Buy” and an average target price of $213.08.

AMETEK Stock Down 1.1%

AME opened at $201.62 on Friday. The stock’s 50 day moving average price is $192.57 and its 200 day moving average price is $186.06. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.16 and a quick ratio of 0.72. The stock has a market cap of $46.41 billion, a P/E ratio of 31.80, a P/E/G ratio of 2.90 and a beta of 1.04. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $204.43.

AMETEK (NYSE:AME) last released its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.13. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.The company had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the prior year, the business posted $1.66 earnings per share. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. As a group, research analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 5th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, December 5th. AMETEK’s payout ratio is 19.56%.

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.