Cerity Partners LLC Acquires 15,283 Shares of AMETEK, Inc. $AME

Cerity Partners LLC grew its stake in shares of AMETEK, Inc. (NYSE:AME) by 16.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 109,945 shares of the technology company’s stock after buying an additional 15,283 shares during the period. Cerity Partners LLC’s holdings in AMETEK were worth $20,670,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Norges Bank bought a new stake in AMETEK in the 2nd quarter valued at $650,613,000. Amundi increased its holdings in shares of AMETEK by 266.1% in the second quarter. Amundi now owns 1,512,966 shares of the technology company’s stock worth $275,345,000 after purchasing an additional 1,099,748 shares during the last quarter. Invesco Ltd. lifted its position in shares of AMETEK by 22.3% in the second quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock worth $769,890,000 after buying an additional 775,078 shares in the last quarter. EdgePoint Investment Group Inc. boosted its stake in AMETEK by 24.4% during the second quarter. EdgePoint Investment Group Inc. now owns 2,926,530 shares of the technology company’s stock valued at $529,585,000 after buying an additional 573,191 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in AMETEK by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 26,997,665 shares of the technology company’s stock valued at $4,885,497,000 after buying an additional 513,402 shares in the last quarter. Institutional investors own 87.43% of the company’s stock.

Insider Activity at AMETEK

In other news, insider Ronald J. Oscher sold 26,290 shares of the business’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $200.05, for a total transaction of $5,259,314.50. Following the completion of the sale, the insider directly owned 40,226 shares of the company’s stock, valued at approximately $8,047,211.30. The trade was a 39.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Thomas M. Montgomery sold 6,388 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the vice president directly owned 22,116 shares in the company, valued at $4,534,885.80. This represents a 22.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 163,378 shares of company stock valued at $32,471,654 over the last ninety days. Company insiders own 0.57% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on AME shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. Melius Research set a $235.00 price target on shares of AMETEK in a research note on Monday. Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. TD Cowen upgraded shares of AMETEK from a “hold” rating to a “buy” rating and upped their target price for the company from $180.00 to $230.00 in a research report on Tuesday, December 23rd. Finally, DA Davidson lifted their price target on AMETEK from $235.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, AMETEK presently has an average rating of “Moderate Buy” and an average price target of $223.75.

AMETEK Stock Performance

AMETEK stock opened at $210.59 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. The firm has a market capitalization of $48.48 billion, a P/E ratio of 33.22, a price-to-earnings-growth ratio of 2.76 and a beta of 1.04. AMETEK, Inc. has a 1-year low of $145.02 and a 1-year high of $214.60. The company’s 50-day moving average is $200.86 and its 200 day moving average is $190.07.

AMETEK (NYSE:AME) last released its earnings results on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.13. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.The firm had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the prior year, the firm posted $1.66 earnings per share. The company’s quarterly revenue was up 10.8% on a year-over-year basis. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. Research analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 5th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Friday, December 5th. AMETEK’s dividend payout ratio (DPR) is 19.56%.

About AMETEK

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.