FORA Capital LLC Purchases 7,648 Shares of AMETEK, Inc. $AME

FORA Capital LLC raised its holdings in shares of AMETEK, Inc. (NYSE:AME) by 143.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,962 shares of the technology company’s stock after buying an additional 7,648 shares during the period. FORA Capital LLC’s holdings in AMETEK were worth $2,346,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. KBC Group NV raised its stake in shares of AMETEK by 3.2% during the 2nd quarter. KBC Group NV now owns 289,634 shares of the technology company’s stock worth $52,412,000 after acquiring an additional 9,063 shares in the last quarter. Jump Financial LLC grew its holdings in AMETEK by 462.4% in the first quarter. Jump Financial LLC now owns 70,256 shares of the technology company’s stock worth $12,094,000 after purchasing an additional 57,763 shares during the last quarter. BNP Paribas Financial Markets increased its position in shares of AMETEK by 5.8% during the first quarter. BNP Paribas Financial Markets now owns 559,782 shares of the technology company’s stock worth $96,361,000 after purchasing an additional 30,717 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of AMETEK by 77.6% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 13,660 shares of the technology company’s stock valued at $2,351,000 after purchasing an additional 5,967 shares during the last quarter. Finally, Compound Planning Inc. acquired a new stake in shares of AMETEK in the 1st quarter worth $238,000. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

AMETEK Price Performance

Shares of NYSE AME opened at $201.62 on Friday. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $204.43. The business’s 50 day moving average price is $192.57 and its 200 day moving average price is $186.09. The company has a quick ratio of 0.72, a current ratio of 1.16 and a debt-to-equity ratio of 0.14. The firm has a market cap of $46.41 billion, a P/E ratio of 31.80, a P/E/G ratio of 2.87 and a beta of 1.04.

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

AMETEK Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on AME. Truist Financial upped their target price on AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. TD Cowen upgraded shares of AMETEK from a “sell” rating to a “hold” rating and upped their price objective for the company from $158.00 to $180.00 in a report on Tuesday, September 2nd. Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. DA Davidson boosted their target price on shares of AMETEK from $235.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $213.08.

Insider Transactions at AMETEK

In related news, insider Ronald J. Oscher sold 26,290 shares of the firm’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $200.05, for a total transaction of $5,259,314.50. Following the sale, the insider directly owned 40,226 shares of the company’s stock, valued at $8,047,211.30. This trade represents a 39.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO David A. Zapico sold 88,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $196.39, for a total value of $17,282,320.00. Following the completion of the transaction, the chief executive officer directly owned 348,955 shares of the company’s stock, valued at $68,531,272.45. The trade was a 20.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 142,680 shares of company stock valued at $28,269,601 in the last quarter. Company insiders own 0.57% of the company’s stock.

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.