Carnegie Investment Counsel Grows Position in AMETEK, Inc. $AME

Carnegie Investment Counsel lifted its stake in AMETEK, Inc. (NYSE:AME) by 12.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,541 shares of the technology company’s stock after purchasing an additional 2,747 shares during the period. Carnegie Investment Counsel’s holdings in AMETEK were worth $4,614,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its position in AMETEK by 77.6% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 13,660 shares of the technology company’s stock worth $2,351,000 after acquiring an additional 5,967 shares during the last quarter. Walleye Capital LLC boosted its holdings in shares of AMETEK by 64.4% during the first quarter. Walleye Capital LLC now owns 3,695 shares of the technology company’s stock worth $636,000 after purchasing an additional 1,447 shares during the last quarter. Ieq Capital LLC boosted its stake in AMETEK by 70.0% in the 1st quarter. Ieq Capital LLC now owns 20,114 shares of the technology company’s stock worth $3,462,000 after buying an additional 8,280 shares during the last quarter. CreativeOne Wealth LLC grew its holdings in AMETEK by 24.7% in the first quarter. CreativeOne Wealth LLC now owns 2,742 shares of the technology company’s stock valued at $472,000 after purchasing an additional 544 shares during the period. Finally, BNP Paribas Financial Markets boosted its holdings in shares of AMETEK by 5.8% in the 1st quarter. BNP Paribas Financial Markets now owns 559,782 shares of the technology company’s stock valued at $96,361,000 after purchasing an additional 30,717 shares during the last quarter. 87.43% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other AMETEK news, insider Thomas C. Marecic sold 14,310 shares of AMETEK stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $202.11, for a total value of $2,892,194.10. Following the transaction, the insider directly owned 42,589 shares of the company’s stock, valued at $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. Also, VP Thomas M. Montgomery sold 6,388 shares of the business’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the transaction, the vice president directly owned 22,116 shares in the company, valued at $4,534,885.80. This trade represents a 22.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 163,378 shares of company stock valued at $32,471,654 over the last three months. 0.57% of the stock is currently owned by insiders.

AMETEK Stock Performance

Shares of AMETEK stock opened at $208.20 on Friday. The company has a quick ratio of 0.72, a current ratio of 1.16 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 $210.14. The business has a fifty day simple moving average of $196.87 and a 200-day simple moving average of $187.96. The stock has a market cap of $47.93 billion, a PE ratio of 32.84, a price-to-earnings-growth ratio of 2.96 and a beta of 1.04.

AMETEK (NYSE:AME) last posted its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share for the quarter, topping 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 business had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the business posted $1.66 earnings per share. AMETEK’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. On average, sell-side analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 5th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was 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%.

Analysts Set New Price Targets

Several research firms have issued reports on AME. Robert W. Baird boosted their price objective on shares of AMETEK from $198.00 to $204.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Barclays increased their price target on AMETEK from $200.00 to $205.00 and gave the company an “equal weight” rating in a report on Friday, October 31st. 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. DA Davidson raised their price objective on AMETEK from $235.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, December 8th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a research note on Wednesday, October 8th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $216.55.

AMETEK Profile

AMETEK, Inc is a global manufacturer of electronic instruments and electromechanical devices that serves a broad range of industries. Headquartered in Berwyn, Pennsylvania, the company designs and produces precision instruments, electronic measurement devices, specialty sensors, and electric motors and motion control systems. Its product portfolio includes analytical and monitoring instruments, calibration equipment, power supplies, embedded electronics, and industrial motors and drives used for critical applications.

The company operates through two primary business platforms — an electronic instruments group focused on analytical, test and measurement and sensor products, and an electromechanical group that supplies motors, actuators, and related power and motion solutions.