ZWJ Investment Counsel Inc. Has $20.68 Million Position in AMETEK, Inc. $AME

ZWJ Investment Counsel Inc. boosted its holdings in shares of AMETEK, Inc. (NYSE:AME) by 5.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 110,015 shares of the technology company’s stock after buying an additional 5,685 shares during the period. ZWJ Investment Counsel Inc.’s holdings in AMETEK were worth $20,683,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Baker Tilly Wealth Management LLC lifted its position in AMETEK by 3.9% in the 3rd quarter. Baker Tilly Wealth Management LLC now owns 1,663 shares of the technology company’s stock valued at $313,000 after acquiring an additional 63 shares in the last quarter. SouthState Corp raised its stake in shares of AMETEK by 47.4% in the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after purchasing an additional 65 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its holdings in shares of AMETEK by 3.9% in the first quarter. Signature Estate & Investment Advisors LLC now owns 1,784 shares of the technology company’s stock valued at $307,000 after purchasing an additional 67 shares in the last quarter. First Horizon Advisors Inc. boosted its position in shares of AMETEK by 3.0% during the second quarter. First Horizon Advisors Inc. now owns 2,335 shares of the technology company’s stock valued at $423,000 after buying an additional 69 shares during the last quarter. Finally, Leavell Investment Management Inc. grew its holdings in AMETEK by 2.2% during the second quarter. Leavell Investment Management Inc. now owns 4,468 shares of the technology company’s stock worth $809,000 after buying an additional 96 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on AME shares. KeyCorp lifted their price objective on shares of AMETEK from $205.00 to $220.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Royal Bank Of Canada increased their target price on shares of AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. TD Cowen raised shares of AMETEK from a “hold” rating to a “buy” rating and lifted their price target for the stock from $180.00 to $230.00 in a report on Tuesday. Robert W. Baird increased their price objective on AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. Finally, Barclays raised their target price on AMETEK from $200.00 to $205.00 and gave the stock an “equal weight” rating in a research report on Friday, October 31st. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $216.55.

AMETEK Stock Down 0.1%

AMETEK stock opened at $208.28 on Thursday. The firm has a 50 day simple moving average of $195.95 and a 200 day simple moving average of $187.55. 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 1-year low of $145.02 and a 1-year high of $210.14. The firm has a market capitalization of $47.95 billion, a price-to-earnings ratio of 32.85, a P/E/G ratio of 2.97 and a beta of 1.04.

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

AMETEK Announces Dividend

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

Insider Activity

In related news, insider Thomas C. Marecic sold 14,310 shares of the company’s stock in a transaction that occurred 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 sale, the insider owned 42,589 shares of the company’s stock, valued at approximately $8,607,662.79. This represents a 25.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Ronald J. Oscher sold 26,290 shares of the firm’s 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 transaction, the insider directly owned 40,226 shares of the company’s stock, valued at approximately $8,047,211.30. The trade was a 39.52% 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 163,378 shares of company stock valued at $32,471,654 over the last ninety days. 0.57% of the stock is owned by insiders.

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.