AMETEK, Inc. $AME Shares Bought by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its holdings in shares of AMETEK, Inc. (NYSE:AME) by 240.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 4,249 shares of the technology company’s stock after purchasing an additional 3,000 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in AMETEK were worth $804,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of AME. Darwin Wealth Management LLC purchased a new stake in AMETEK during the 2nd quarter valued at about $25,000. ST Germain D J Co. Inc. boosted its holdings in shares of AMETEK by 628.6% during the 2nd 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 during the last quarter. NewSquare Capital LLC boosted its holdings 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 purchasing an additional 96 shares during the last quarter. TruNorth Capital Management LLC purchased a new stake in shares of AMETEK in the third quarter valued at approximately $31,000. Finally, 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 during the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at AMETEK

In other AMETEK news, insider Ronald J. Oscher sold 26,290 shares of the firm’s 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 transaction, the insider owned 40,226 shares of the company’s stock, valued at $8,047,211.30. This trade represents a 39.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Thomas C. Marecic sold 14,310 shares of the business’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the completion of the transaction, the insider owned 42,589 shares of the company’s stock, valued at approximately $8,607,662.79. This trade represents a 25.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 163,378 shares of company stock worth $32,471,654. 0.57% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on AME shares. Melius Research set a $235.00 target price on AMETEK in a report on Monday, January 5th. Cowen raised shares of AMETEK from a “sell” rating to a “buy” rating in a report on Tuesday, December 23rd. DA Davidson raised their price objective on shares of AMETEK from $235.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. Morgan Stanley boosted their target price on shares of AMETEK from $198.00 to $215.00 and gave the company an “equal weight” rating in a report on Monday. Finally, Barclays raised their price target on shares of AMETEK from $205.00 to $210.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $225.17.

AMETEK Trading Down 0.4%

AME opened at $209.71 on Tuesday. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $214.60. The company has a quick ratio of 0.72, a current ratio of 1.16 and a debt-to-equity ratio of 0.14. The business has a fifty day simple moving average of $201.09 and a 200-day simple moving average of $190.44. The firm has a market cap of $48.28 billion, a P/E ratio of 33.08, a P/E/G ratio of 2.77 and a beta of 1.04.

AMETEK (NYSE:AME) last posted 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. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.The firm had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the previous year, the business earned $1.66 EPS. The company’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, equities analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Announces Dividend

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

AMETEK Company Profile

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.