Lazard Asset Management LLC Raises Stock Holdings in AMETEK, Inc. $AME

Lazard Asset Management LLC boosted its holdings in AMETEK, Inc. (NYSE:AME) by 17.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,950,558 shares of the technology company’s stock after purchasing an additional 287,304 shares during the period. Lazard Asset Management LLC’s holdings in AMETEK were worth $352,972,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Public Sector Pension Investment Board boosted its holdings in shares of AMETEK by 8.8% in the 1st quarter. Public Sector Pension Investment Board now owns 31,491 shares of the technology company’s stock worth $5,421,000 after buying an additional 2,541 shares during the last quarter. HighTower Advisors LLC boosted its stake in AMETEK by 4.8% in the first quarter. HighTower Advisors LLC now owns 52,822 shares of the technology company’s stock valued at $9,093,000 after acquiring an additional 2,410 shares during the last quarter. Russell Investments Group Ltd. grew its position in shares of AMETEK by 24.9% during the 1st quarter. Russell Investments Group Ltd. now owns 172,429 shares of the technology company’s stock valued at $29,647,000 after acquiring an additional 34,391 shares during the period. National Pension Service increased its stake in shares of AMETEK by 11.1% during the 1st quarter. National Pension Service now owns 303,672 shares of the technology company’s stock worth $52,274,000 after purchasing an additional 30,303 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of AMETEK in the 1st quarter worth approximately $59,000. Institutional investors own 87.43% of the company’s stock.

AMETEK Stock Down 1.1%

AME stock opened at $201.62 on Friday. The stock has a 50-day simple moving average of $192.57 and a two-hundred day simple moving average of $186.06. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $204.43. The firm has a market capitalization of $46.41 billion, a PE ratio of 31.80, a PEG ratio of 2.90 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 announced its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) 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 firm 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 firm posted $1.66 earnings per share. The company’s revenue for the quarter 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. On average, equities analysts predict that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Friday, December 5th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, December 5th. AMETEK’s payout ratio is 19.56%.

Analyst Upgrades and Downgrades

AME has been the subject of a number of recent research reports. Truist Financial raised their target price on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. TD Cowen raised AMETEK from a “sell” rating to a “hold” rating and lifted their price objective 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 report on Wednesday, October 8th. Wall Street Zen upgraded shares of AMETEK from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Finally, DA Davidson boosted their price target on shares of AMETEK from $235.00 to $240.00 and gave the company a “buy” rating in a research report on Monday. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, AMETEK presently has an average rating of “Moderate Buy” and a consensus price target of $213.08.

Insider Buying and Selling at AMETEK

In other AMETEK news, insider Ronald J. Oscher sold 26,290 shares of the company’s stock in a transaction dated 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 transaction, the insider directly owned 40,226 shares in the company, valued at $8,047,211.30. This represents a 39.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO David A. Zapico sold 88,000 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer directly owned 348,955 shares in the company, valued at approximately $68,531,272.45. The trade was a 20.14% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 142,680 shares of company stock worth $28,269,601. 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.