AMETEK (NYSE:AME) Reaches New 1-Year High – Here’s What Happened

AMETEK, Inc. (NYSE:AME) reached a new 52-week high during trading on Monday . The stock traded as high as $205.09 and last traded at $205.4750, with a volume of 134749 shares traded. The stock had previously closed at $203.29.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on AME shares. Royal Bank Of Canada raised their price target on AMETEK from $212.00 to $229.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. Truist Financial boosted their price target on AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Robert W. Baird increased 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. TD Cowen upgraded shares of AMETEK from a “sell” rating to a “hold” rating and boosted their target price for the company from $158.00 to $180.00 in a research report on Tuesday, September 2nd. Finally, KeyCorp increased their price target on shares of AMETEK from $205.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $212.00.

AMETEK Price Performance

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 firm’s fifty day moving average price is $194.55 and its 200 day moving average price is $186.99. The stock has a market cap of $47.24 billion, a PE ratio of 32.36, a P/E/G ratio of 2.89 and a beta of 1.04.

AMETEK (NYSE:AME) last posted its earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.13. The company had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.81 billion. AMETEK had a net margin of 20.50% and a return on equity of 16.66%. AMETEK’s quarterly revenue was up 10.8% on a year-over-year basis. During the same period last year, the company posted $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. As a group, equities analysts expect that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Announces Dividend

The company also recently declared 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 dividend on an annualized basis and a yield of 0.6%. AMETEK’s dividend payout ratio is presently 19.56%.

Insiders Place Their Bets

In other news, CEO David A. Zapico sold 28,390 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $201.76, for a total transaction of $5,727,966.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Thomas C. Marecic sold 14,310 shares of the firm’s 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 completion of the transaction, the insider directly 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 156,990 shares of company stock valued at $31,161,795 in the last quarter. 0.57% of the stock is currently owned by insiders.

Institutional Trading of AMETEK

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Summit Financial LLC grew its stake in shares of AMETEK by 2.6% during the first quarter. Summit Financial LLC now owns 3,451 shares of the technology company’s stock valued at $594,000 after buying an additional 89 shares during the last quarter. CW Advisors LLC boosted its holdings in AMETEK by 0.8% during the 1st quarter. CW Advisors LLC now owns 12,506 shares of the technology company’s stock valued at $2,153,000 after acquiring an additional 105 shares during the period. Compound Planning Inc. bought a new position in AMETEK in the 1st quarter valued at $238,000. Allstate Corp increased its stake in AMETEK by 13.5% in the first quarter. Allstate Corp now owns 7,827 shares of the technology company’s stock worth $1,347,000 after purchasing an additional 929 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of AMETEK by 77.6% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 13,660 shares of the technology company’s stock worth $2,351,000 after purchasing an additional 5,967 shares during the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

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.