Assenagon Asset Management S.A. Raises Position in AMETEK, Inc. $AME

Assenagon Asset Management S.A. raised its position in AMETEK, Inc. (NYSE:AME) by 3.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 213,676 shares of the technology company’s stock after acquiring an additional 6,363 shares during the quarter. Assenagon Asset Management S.A. owned 0.09% of AMETEK worth $40,171,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. SouthState Corp grew its holdings in AMETEK by 47.4% during 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 lifted its position in shares of AMETEK by 3.9% during 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 last quarter. First Horizon Advisors Inc. grew its stake in AMETEK by 3.0% in the second quarter. First Horizon Advisors Inc. now owns 2,335 shares of the technology company’s stock worth $423,000 after purchasing an additional 69 shares in the last quarter. Summit Financial LLC increased its holdings in AMETEK by 2.6% in the first 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 last quarter. Finally, Leavell Investment Management Inc. raised its stake in AMETEK by 2.2% during the second 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 in the last quarter. 87.43% of the stock is owned by institutional investors and hedge funds.

AMETEK Stock Up 1.0%

Shares of AMETEK stock opened at $201.93 on Friday. 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 1-year low of $145.02 and a 1-year high of $204.43. The business’s fifty day moving average price is $194.08 and its two-hundred day moving average price is $186.67. The company has a market capitalization of $46.49 billion, a P/E ratio of 31.85, a PEG ratio of 2.84 and a beta of 1.04.

AMETEK (NYSE:AME) last announced its earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.13. AMETEK had a net margin of 20.50% and a return on equity of 16.66%. The firm had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the prior year, the firm posted $1.66 EPS. AMETEK’s 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, research analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Announces Dividend

The company 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. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, December 5th. AMETEK’s payout ratio is currently 19.56%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on AME shares. TD Cowen raised shares of AMETEK from a “sell” rating to a “hold” rating and increased their target price for the stock from $158.00 to $180.00 in a report on Tuesday, September 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, October 8th. KeyCorp raised their target price on shares of AMETEK from $205.00 to $220.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Robert W. Baird lifted their target price on AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Finally, Truist Financial increased their price target on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, AMETEK currently has an average rating of “Moderate Buy” and an average target price of $212.00.

Insider Activity at AMETEK

In other news, CEO David A. Zapico sold 88,000 shares of the stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $196.39, for a total transaction of $17,282,320.00. Following the completion of the sale, the chief executive officer owned 348,955 shares in the company, valued at approximately $68,531,272.45. This represents a 20.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Thomas C. 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 value of $2,892,194.10. Following the sale, the insider directly owned 42,589 shares of the company’s stock, valued at approximately $8,607,662.79. This represents a 25.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 156,990 shares of company stock valued at $31,161,795 over the last 90 days. 0.57% of the stock is currently owned by corporate insiders.

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.