AMETEK, Inc. $AME Shares Sold by JARISLOWSKY FRASER Ltd

JARISLOWSKY FRASER Ltd trimmed its position in AMETEK, Inc. (NYSE:AME) by 1.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 614,702 shares of the technology company’s stock after selling 9,712 shares during the quarter. JARISLOWSKY FRASER Ltd’s holdings in AMETEK were worth $115,564,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Darwin Wealth Management LLC bought a new position in shares of AMETEK during the 2nd quarter worth about $25,000. ST Germain D J Co. Inc. grew its stake in shares of AMETEK by 628.6% in the 2nd quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock valued at $28,000 after purchasing an additional 132 shares during the period. NewSquare Capital LLC lifted its position 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 buying an additional 96 shares during the period. TruNorth Capital Management LLC acquired a new stake in AMETEK in the 3rd quarter valued at $31,000. Finally, SouthState Corp raised its stake in AMETEK by 47.4% during the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after acquiring an additional 65 shares in the last quarter. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Ronald J. Oscher sold 26,290 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $200.05, for a total transaction of $5,259,314.50. Following 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David A. Zapico sold 88,000 shares of the company’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $196.39, for a total transaction of $17,282,320.00. Following the completion of the transaction, the chief executive officer owned 348,955 shares in the company, valued at approximately $68,531,272.45. This represents a 20.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 163,378 shares of company stock valued at $32,471,654. 0.57% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. DA Davidson upped their price objective on AMETEK from $235.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, December 8th. Robert W. Baird lifted 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. Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. Royal Bank Of Canada upped their price target on shares of AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Finally, Wall Street Zen raised AMETEK from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $216.55.

AMETEK Price Performance

NYSE:AME opened at $209.08 on Friday. The stock has a market capitalization of $48.13 billion, a PE ratio of 32.98, a P/E/G ratio of 2.70 and a beta of 1.04. AMETEK, Inc. has a 1-year low of $145.02 and a 1-year high of $210.14. The firm has a fifty day simple moving average of $198.84 and a 200 day simple moving average of $188.87. 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 (NYSE:AME) last announced its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.13. The firm 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%. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter 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. On average, research analysts expect that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

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

AMETEK 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.