Mirabella Financial Services LLP Has $1.21 Million Stake in AMETEK, Inc. $AME

Mirabella Financial Services LLP lowered its holdings in AMETEK, Inc. (NYSE:AME) by 79.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,648 shares of the technology company’s stock after selling 26,148 shares during the quarter. Mirabella Financial Services LLP’s holdings in AMETEK were worth $1,208,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AME. Bares Capital Management Inc. acquired a new position in AMETEK during the 1st quarter worth about $26,000. ST Germain D J Co. Inc. lifted its position in shares of AMETEK by 628.6% during the second quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock worth $28,000 after purchasing an additional 132 shares in the last quarter. NewSquare Capital LLC grew its stake in shares of AMETEK by 129.7% during the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock valued at $31,000 after purchasing an additional 96 shares during the last quarter. SouthState Corp increased its holdings in shares of AMETEK by 47.4% in the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock valued at $37,000 after purchasing an additional 65 shares in the last quarter. Finally, AdvisorShares Investments LLC bought a new position in AMETEK in the 2nd quarter worth approximately $39,000. 87.43% of the stock is currently owned by institutional investors and hedge funds.

AMETEK Stock Up 0.0%

NYSE:AME opened at $199.27 on Friday. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $204.15. The stock has a 50-day moving average price of $190.94 and a two-hundred day moving average price of $185.18. The stock has a market cap of $45.87 billion, a price-to-earnings ratio of 31.43, a PEG ratio of 2.83 and a beta of 1.04. 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 (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, beating the consensus estimate of $1.76 by $0.13. The business had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.81 billion. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.AMETEK’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.66 EPS. 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, equities analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Announces Dividend

The company also recently declared 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 of this dividend is Friday, December 5th. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 19.56%.

Insider Transactions at AMETEK

In other news, CEO David A. Zapico sold 88,000 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 348,955 shares of the company’s stock, valued at $68,531,272.45. This represents a 20.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Ronald J. Oscher sold 26,290 shares of AMETEK stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $200.05, for a total value of $5,259,314.50. Following the completion of the sale, the insider directly owned 40,226 shares in the company, valued at approximately $8,047,211.30. This represents a 39.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.57% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Royal Bank Of Canada lifted their target price on AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. Truist Financial raised their target price on shares of AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. Robert W. Baird lifted their target price on shares of AMETEK from $198.00 to $204.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. Finally, Morgan Stanley increased their price target on AMETEK from $185.00 to $198.00 and gave the company an “equal weight” rating in a research note on Friday, August 8th. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, AMETEK presently has a consensus rating of “Moderate Buy” and an average price target of $211.00.

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.