Grant Private Wealth Management Inc Makes New Investment in AMETEK, Inc. $AME

Grant Private Wealth Management Inc purchased a new stake in shares of AMETEK, Inc. (NYSE:AME) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 2,707 shares of the technology company’s stock, valued at approximately $509,000.

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

Analyst Upgrades and Downgrades

Several analysts recently commented on AME shares. Royal Bank Of Canada lifted their price objective on AMETEK from $212.00 to $229.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. TD Cowen upgraded AMETEK from a “sell” rating to a “hold” rating and boosted their price target for the company from $158.00 to $180.00 in a research note 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. Truist Financial raised their price objective on shares of AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Finally, Barclays increased their price target on shares of AMETEK from $200.00 to $205.00 and gave the stock an “equal weight” rating in a research report on Friday, October 31st. Seven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, AMETEK has a consensus rating of “Moderate Buy” and an average price target of $212.00.

Insider Activity at AMETEK

In other AMETEK news, insider Thomas C. Marecic sold 14,310 shares of the stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the completion of the sale, the insider directly owned 42,589 shares of the company’s stock, valued at $8,607,662.79. This trade represents a 25.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Ronald J. Oscher sold 26,290 shares of the business’s stock in a transaction on 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 completion of the transaction, the insider directly owned 40,226 shares in the company, valued at $8,047,211.30. This trade represents a 39.52% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 156,990 shares of company stock valued at $31,161,795. 0.57% of the stock is owned by company insiders.

AMETEK Price Performance

NYSE AME opened at $201.71 on Wednesday. The company has a current ratio of 1.16, a quick ratio of 0.72 and a debt-to-equity ratio of 0.14. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $204.43. The stock has a market cap of $46.43 billion, a price-to-earnings ratio of 31.82, a PEG ratio of 2.89 and a beta of 1.04. The company’s 50 day moving average is $193.37 and its two-hundred day moving average is $186.47.

AMETEK (NYSE:AME) last announced its quarterly earnings data on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.13. The firm 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 company’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.66 earnings per share. 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 anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Friday, December 5th will be paid a $0.31 dividend. The ex-dividend date of this dividend is Friday, December 5th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s dividend 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.