Thomas Marecic Sells 14,310 Shares of AMETEK (NYSE:AME) Stock

AMETEK, Inc. (NYSE:AME) insider Thomas Marecic sold 14,310 shares of the company’s stock in a transaction 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 transaction, the insider owned 42,589 shares of the company’s stock, valued at approximately $8,607,662.79. The trade was a 25.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

AMETEK Price Performance

Shares of NYSE:AME opened at $199.77 on Thursday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.16 and a quick ratio of 0.72. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $204.43. The firm has a market capitalization of $45.99 billion, a P/E ratio of 31.51, a P/E/G ratio of 2.87 and a beta of 1.04. The company’s fifty day moving average price is $193.70 and its 200 day moving average price is $186.56.

AMETEK (NYSE:AME) last issued its quarterly earnings data 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 for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter last year, the company posted $1.66 earnings per share. The business’s quarterly revenue 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, sell-side analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in AMETEK by 0.7% in the third quarter. Vanguard Group Inc. now owns 27,173,705 shares of the technology company’s stock valued at $5,108,657,000 after purchasing an additional 176,040 shares during the period. Price T Rowe Associates Inc. MD raised its stake in shares of AMETEK by 21.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company’s stock worth $1,888,385,000 after buying an additional 1,908,742 shares in the last quarter. State Street Corp lifted its holdings in shares of AMETEK by 1.3% in the 3rd quarter. State Street Corp now owns 9,763,684 shares of the technology company’s stock valued at $1,835,573,000 after buying an additional 126,381 shares during the period. Geode Capital Management LLC lifted its holdings in shares of AMETEK by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 5,794,236 shares of the technology company’s stock valued at $1,044,009,000 after buying an additional 104,139 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of AMETEK by 4.9% in the third quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock valued at $839,141,000 after buying an additional 209,043 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, October 8th. Barclays raised their price objective 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. Robert W. Baird upped their target price on shares of AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. DA Davidson raised their price target on AMETEK from $235.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, December 8th. Finally, Truist Financial boosted their price target on AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. Seven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $212.00.

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.