Gamco Investors INC. ET AL Sells 2,889 Shares of AMETEK, Inc. $AME

Gamco Investors INC. ET AL cut its stake in shares of AMETEK, Inc. (NYSE:AME) by 0.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 635,319 shares of the technology company’s stock after selling 2,889 shares during the period. AMETEK comprises 1.1% of Gamco Investors INC. ET AL’s investment portfolio, making the stock its 12th largest position. Gamco Investors INC. ET AL’s holdings in AMETEK were worth $114,967,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in AMETEK by 1.9% in the second 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. Price T Rowe Associates Inc. MD lifted its stake in shares of AMETEK by 21.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company’s stock valued at $1,888,385,000 after acquiring an additional 1,908,742 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of AMETEK by 1.8% during 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 acquiring an additional 104,139 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in AMETEK by 2.8% in the 1st quarter. JPMorgan Chase & Co. now owns 5,747,368 shares of the technology company’s stock worth $989,352,000 after purchasing an additional 154,682 shares in the last quarter. Finally, Invesco Ltd. raised its position in AMETEK by 22.3% in the second quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock valued at $769,890,000 after purchasing an additional 775,078 shares during the last quarter. Institutional investors own 87.43% of the company’s stock.

AMETEK Trading Up 0.2%

AME opened at $199.70 on Friday. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $204.15. The company has a fifty day moving average of $191.20 and a 200-day moving average of $185.33. The stock has a market cap of $45.97 billion, a PE ratio of 31.50, a price-to-earnings-growth ratio of 2.84 and a beta of 1.04. 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 (NYSE:AME) last issued its quarterly 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 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 analysts’ expectations of $1.81 billion. During the same quarter in the prior year, the firm 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. On average, sell-side analysts predict that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Announces Dividend

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

Wall Street Analyst Weigh In

Several analysts have recently weighed in on AME shares. TD Cowen upgraded AMETEK from a “sell” rating to a “hold” rating and boosted their price target for the stock from $158.00 to $180.00 in a report on Tuesday, September 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. Barclays upped their price target on shares of AMETEK from $200.00 to $205.00 and gave the company an “equal weight” rating in a research report on Friday, October 31st. 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. Finally, Royal Bank Of Canada increased their price objective on AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $211.00.

Insider Buying and Selling

In other AMETEK news, insider Ronald J. Oscher sold 26,290 shares of AMETEK stock in a transaction that occurred on Friday, October 31st. The stock was 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. The trade was a 39.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO David A. Zapico sold 88,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $196.39, for a total value of $17,282,320.00. Following the completion of the transaction, the chief executive officer directly owned 348,955 shares in the company, valued at approximately $68,531,272.45. This trade represents a 20.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.57% of the company’s stock.

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.