AMETEK (NYSE:AME) Insider Thomas Marecic Sells 14,310 Shares

AMETEK, Inc. (NYSE:AMEGet Free Report) insider Thomas Marecic sold 14,310 shares of the stock in a transaction on Monday, December 15th. The shares were sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the transaction, the insider owned 42,589 shares of the company’s stock, valued at $8,607,662.79. This trade represents a 25.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

AMETEK Stock Down 0.7%

Shares of NYSE AME opened at $201.71 on Wednesday. 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, Inc. has a 12-month low of $145.02 and a 12-month high of $204.43. The firm’s 50-day moving average price is $193.37 and its 200-day moving average price is $186.47. The stock has a market capitalization of $46.43 billion, a price-to-earnings ratio of 31.82, a P/E/G ratio of 2.89 and a beta of 1.04.

AMETEK (NYSE:AMEGet Free Report) last released its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.76 by $0.13. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.The company had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same quarter last year, the business posted $1.66 earnings per share. The firm’s 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. On average, equities research analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

The business also recently announced 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. 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 payout ratio is currently 19.56%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on AME. TD Cowen upgraded AMETEK from a “sell” rating to a “hold” rating and raised their price target for the stock from $158.00 to $180.00 in a research report on Tuesday, September 2nd. Royal Bank Of Canada raised their target price on shares of AMETEK from $212.00 to $229.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. DA Davidson lifted their price target on shares of AMETEK from $235.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, December 8th. Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Finally, Robert W. Baird raised 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. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $212.00.

View Our Latest Report on AMETEK

Institutional Investors Weigh In On AMETEK

Several large investors have recently added to or reduced their stakes in AME. Darwin Wealth Management LLC bought a new stake in shares of AMETEK during the second quarter valued at approximately $25,000. Bares Capital Management Inc. purchased a new position in AMETEK during the 1st quarter worth $26,000. ST Germain D J Co. Inc. raised its position in AMETEK by 628.6% during the 2nd quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock valued at $28,000 after purchasing an additional 132 shares in the last quarter. TruNorth Capital Management LLC purchased a new stake in shares of AMETEK in the 3rd quarter worth $31,000. Finally, NewSquare Capital LLC grew its position in shares of AMETEK by 129.7% during the 2nd quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock worth $31,000 after buying an additional 96 shares in the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for AMETEK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMETEK and related companies with MarketBeat.com's FREE daily email newsletter.