AMETEK, Inc. $AME Shares Sold by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. lowered its holdings in shares of AMETEK, Inc. (NYSE:AME) by 72.5% in the third quarter, HoldingsChannel.com reports. The fund owned 2,254 shares of the technology company’s stock after selling 5,956 shares during the quarter. Lecap Asset Management Ltd.’s holdings in AMETEK were worth $424,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of AME. Norges Bank purchased a new position in shares of AMETEK during the 2nd quarter worth approximately $650,613,000. Amundi grew its holdings in AMETEK by 266.1% during the 2nd quarter. Amundi now owns 1,512,966 shares of the technology company’s stock valued at $275,345,000 after buying an additional 1,099,748 shares during the last quarter. Invesco Ltd. increased its position in AMETEK by 22.3% during the second quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock worth $769,890,000 after buying an additional 775,078 shares in the last quarter. EdgePoint Investment Group Inc. raised its holdings in shares of AMETEK by 24.4% in the second quarter. EdgePoint Investment Group Inc. now owns 2,926,530 shares of the technology company’s stock worth $529,585,000 after acquiring an additional 573,191 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of AMETEK by 1.9% in the second quarter. Vanguard Group Inc. now owns 26,997,665 shares of the technology company’s stock valued at $4,885,497,000 after acquiring an additional 513,402 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

AMETEK Stock Performance

Shares of AME stock opened at $210.59 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.72 and a current ratio of 1.16. The firm has a market capitalization of $48.48 billion, a price-to-earnings ratio of 33.22, a price-to-earnings-growth ratio of 2.76 and a beta of 1.04. AMETEK, Inc. has a one year low of $145.02 and a one year high of $214.60. The company has a 50 day moving average price of $200.86 and a 200 day moving average price of $190.07.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.13. The company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.81 billion. AMETEK had a net margin of 20.50% and a return on equity of 16.66%. AMETEK’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter last year, the business earned $1.66 EPS. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. Sell-side analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Announces Dividend

The company also recently declared 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. 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%.

Insider Transactions at AMETEK

In related news, insider Thomas C. Marecic sold 14,310 shares of the firm’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 value of $2,892,194.10. Following the transaction, the insider owned 42,589 shares in the company, valued at approximately $8,607,662.79. This trade represents a 25.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Thomas M. Montgomery sold 6,388 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the sale, the vice president owned 22,116 shares of the company’s stock, valued at approximately $4,534,885.80. This represents a 22.41% decrease in their ownership of the stock. 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. 0.57% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on AME shares. Robert W. Baird boosted their target price on shares of AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Cowen raised shares of AMETEK from a “sell” rating to a “buy” rating in a research report on Tuesday, December 23rd. Royal Bank Of Canada upped their price objective on shares of AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. KeyCorp lifted their target price on shares of AMETEK from $220.00 to $235.00 and gave the stock an “overweight” rating in a research note on Tuesday. Finally, Wall Street Zen upgraded AMETEK from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $223.75.

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.