Meeder Asset Management Inc. Has $24.35 Million Stake in AMETEK, Inc. $AME

Meeder Asset Management Inc. grew its stake in AMETEK, Inc. (NYSE:AMEFree Report) by 64.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 129,496 shares of the technology company’s stock after purchasing an additional 50,916 shares during the period. AMETEK comprises approximately 1.4% of Meeder Asset Management Inc.’s investment portfolio, making the stock its 18th largest position. Meeder Asset Management Inc. owned 0.06% of AMETEK worth $24,345,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Focus Partners Wealth grew its stake in shares of AMETEK by 12.8% during the first quarter. Focus Partners Wealth now owns 10,002 shares of the technology company’s stock worth $1,722,000 after buying an additional 1,137 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of AMETEK by 171.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 632 shares of the technology company’s stock valued at $109,000 after acquiring an additional 399 shares in the last quarter. Swedbank AB grew its position in AMETEK by 8.0% during the 1st quarter. Swedbank AB now owns 76,129 shares of the technology company’s stock worth $13,105,000 after acquiring an additional 5,612 shares during the last quarter. AG2R LA Mondiale Gestion D Actifs bought a new stake in AMETEK during the 1st quarter worth $1,658,000. Finally, RDA Financial Network increased its holdings in AMETEK by 81.1% in the 2nd quarter. RDA Financial Network now owns 2,390 shares of the technology company’s stock worth $433,000 after purchasing an additional 1,070 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

AMETEK Trading Up 0.3%

NYSE:AME opened at $210.59 on Monday. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $214.60. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.72 and a current ratio of 1.16. The firm’s fifty day moving average is $200.86 and its 200-day moving average is $190.23. The firm has a market cap of $48.48 billion, a P/E ratio of 33.22, a P/E/G ratio of 2.77 and a beta of 1.04.

AMETEK (NYSE:AMEGet Free Report) last released its earnings results 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 for the quarter, compared to analyst estimates of $1.81 billion. AMETEK had a net margin of 20.50% and a return on equity of 16.66%. AMETEK’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.66 earnings per share. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. Equities analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was 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. Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. Cowen upgraded shares of AMETEK from a “sell” rating to a “buy” rating in a research report on Tuesday, December 23rd. KeyCorp boosted their target price on shares of AMETEK from $220.00 to $235.00 and gave the stock an “overweight” rating in a report on Tuesday, January 6th. TD Cowen raised shares of AMETEK from a “hold” rating to a “buy” rating and raised their price target for the company from $180.00 to $230.00 in a research note on Tuesday, December 23rd. Finally, Melius raised shares of AMETEK from a “hold” rating to a “buy” rating and set a $235.00 price objective on the stock in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $223.75.

View Our Latest Stock Report on AME

Insiders Place Their Bets

In other AMETEK news, CEO David A. Zapico sold 88,000 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 348,955 shares in the company, valued at approximately $68,531,272.45. This represents a 20.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ronald J. Oscher sold 26,290 shares of AMETEK 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 owned 40,226 shares of the company’s stock, valued at $8,047,211.30. This represents a 39.52% 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 in the last ninety days. 0.57% of the stock is owned by corporate insiders.

AMETEK Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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