Short Interest in AMETEK, Inc. (NYSE:AME) Increases By 19.1%

AMETEK, Inc. (NYSE:AME) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 3,197,709 shares, an increase of 19.1% from the December 15th total of 2,684,353 shares. Based on an average daily trading volume, of 1,371,334 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.4% of the company’s stock are sold short. Currently, 1.4% of the company’s stock are sold short. Based on an average daily trading volume, of 1,371,334 shares, the days-to-cover ratio is presently 2.3 days.

Insider Buying and Selling

In related news, insider Thomas C. Marecic sold 14,310 shares of the business’s stock in a transaction that occurred 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 transaction, the insider directly owned 42,589 shares of the company’s stock, valued at approximately $8,607,662.79. The trade was a 25.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Ronald J. Oscher sold 26,290 shares of the stock in a transaction that occurred 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 directly 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. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 163,378 shares of company stock valued at $32,471,654. Corporate insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On AMETEK

Hedge funds and other institutional investors have recently made changes to their positions in the business. Howard Capital Management Group LLC raised its stake in AMETEK by 3.1% during the 4th quarter. Howard Capital Management Group LLC now owns 161,260 shares of the technology company’s stock valued at $33,108,000 after acquiring an additional 4,793 shares in the last quarter. Perigon Wealth Management LLC increased its holdings in shares of AMETEK by 0.7% during the fourth quarter. Perigon Wealth Management LLC now owns 15,146 shares of the technology company’s stock valued at $3,110,000 after purchasing an additional 99 shares during the period. Earned Wealth Advisors LLC bought a new stake in shares of AMETEK during the fourth quarter valued at about $234,000. Compagnie Lombard Odier SCmA lifted its holdings in AMETEK by 11.0% in the fourth quarter. Compagnie Lombard Odier SCmA now owns 698,761 shares of the technology company’s stock worth $143,463,000 after purchasing an additional 69,445 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in AMETEK in the 4th quarter valued at about $589,000. 87.43% of the stock is currently owned by institutional investors and hedge funds.

AMETEK Stock Performance

Shares of NYSE AME traded down $2.43 during mid-day trading on Tuesday, hitting $213.22. The company had a trading volume of 422,216 shares, compared to its average volume of 1,033,521. AMETEK has a 12 month low of $145.02 and a 12 month high of $215.85. The stock has a market cap of $49.08 billion, a price-to-earnings ratio of 33.63, a PEG ratio of 2.82 and a beta of 1.04. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.16 and a quick ratio of 0.72. The firm’s 50 day simple moving average is $202.72 and its two-hundred day simple moving average is $191.55.

AMETEK (NYSE:AME) last issued its earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share 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 firm had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period last year, the company earned $1.66 earnings per share. The firm’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. As a group, equities research analysts forecast that AMETEK will post 7.15 earnings per share for the current year.

AMETEK Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 5th were paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Friday, December 5th. AMETEK’s payout ratio is presently 19.56%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Barclays raised their target price on AMETEK from $205.00 to $210.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 7th. Truist Financial lifted their price objective on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Melius Research set a $235.00 target price on AMETEK in a research note on Monday, January 5th. Cowen upgraded shares of AMETEK from a “sell” rating to a “buy” rating in a research note on Tuesday, December 23rd. Finally, Morgan Stanley increased their price objective on shares of AMETEK from $198.00 to $215.00 and gave the company an “equal weight” rating in a research note on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, AMETEK presently has an average rating of “Moderate Buy” and a consensus target price of $226.55.

About AMETEK

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.