Vaughan Nelson Investment Management L.P. Sells 5,870 Shares of AMETEK, Inc. $AME

Vaughan Nelson Investment Management L.P. reduced its stake in shares of AMETEK, Inc. (NYSE:AME) by 4.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 140,001 shares of the technology company’s stock after selling 5,870 shares during the quarter. Vaughan Nelson Investment Management L.P. owned about 0.06% of AMETEK worth $26,320,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Spirepoint Private Client LLC increased its holdings in AMETEK by 4.8% in the 3rd quarter. Spirepoint Private Client LLC now owns 5,086 shares of the technology company’s stock valued at $956,000 after acquiring an additional 234 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its position in shares of AMETEK by 58.4% during the third quarter. Robeco Institutional Asset Management B.V. now owns 55,845 shares of the technology company’s stock valued at $10,499,000 after purchasing an additional 20,597 shares in the last quarter. Biltmore Wealth Management LLC increased its holdings in shares of AMETEK by 1.1% in the third quarter. Biltmore Wealth Management LLC now owns 4,771 shares of the technology company’s stock worth $897,000 after purchasing an additional 54 shares during the last quarter. Harvey Investment Co. LLC boosted its stake in AMETEK by 0.4% during the third quarter. Harvey Investment Co. LLC now owns 40,872 shares of the technology company’s stock valued at $7,684,000 after buying an additional 150 shares during the last quarter. Finally, Stanley Laman Group Ltd. purchased a new position in AMETEK during the 3rd quarter valued at approximately $505,000. Institutional investors own 87.43% of the company’s stock.

AMETEK Trading Up 1.4%

AME stock opened at $214.24 on Wednesday. The firm’s fifty day simple moving average is $199.91 and its two-hundred day simple moving average is $189.55. The stock has a market capitalization of $49.32 billion, a price-to-earnings ratio of 33.79, a price-to-earnings-growth ratio of 2.78 and a beta of 1.04. The company has a quick ratio of 0.72, a current ratio of 1.16 and a debt-to-equity ratio of 0.14. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $214.60.

AMETEK (NYSE:AME) last released its earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 20.50% and a return on equity of 16.66%. The business’s revenue 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. As a group, analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders 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 dividend yield of 0.6%. AMETEK’s dividend payout ratio is currently 19.56%.

Analyst Ratings Changes

AME has been the topic of several recent research reports. Robert W. Baird upped their price objective on AMETEK from $198.00 to $204.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. Mizuho upped their price target on shares of AMETEK from $225.00 to $230.00 and gave the company an “outperform” rating in a research note on Monday. DA Davidson increased their price objective on shares of AMETEK from $235.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, December 8th. Truist Financial boosted their target price on shares of AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Finally, Cowen upgraded shares of AMETEK from a “sell” rating to a “buy” rating in a research report on Tuesday, December 23rd. One investment 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 company. According to MarketBeat.com, AMETEK currently has an average rating of “Moderate Buy” and a consensus target price of $223.75.

Insiders Place Their Bets

In other news, CEO David A. Zapico sold 28,390 shares of AMETEK stock in a transaction 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Thomas C. Marecic sold 14,310 shares of the business’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 sale, the insider directly owned 42,589 shares of the company’s stock, valued at $8,607,662.79. This represents a 25.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 163,378 shares of company stock valued at $32,471,654. Corporate insiders own 0.57% of the company’s stock.

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.