NORTHSTAR ASSET MANAGEMENT Co Sells 160 Shares of AMETEK, Inc. $AME

NORTHSTAR ASSET MANAGEMENT Co lowered its stake in shares of AMETEK, Inc. (NYSE:AME) by 0.4% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 37,520 shares of the technology company’s stock after selling 160 shares during the period. AMETEK makes up approximately 1.6% of NORTHSTAR ASSET MANAGEMENT Co’s holdings, making the stock its 14th biggest position. NORTHSTAR ASSET MANAGEMENT Co’s holdings in AMETEK were worth $6,790,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Banco Santander S.A. grew its position in AMETEK by 20.8% in the 1st quarter. Banco Santander S.A. now owns 45,365 shares of the technology company’s stock worth $7,809,000 after purchasing an additional 7,799 shares during the period. M.D. Sass LLC boosted its stake in shares of AMETEK by 2.1% in the 1st quarter. M.D. Sass LLC now owns 366,994 shares of the technology company’s stock worth $63,174,000 after buying an additional 7,666 shares during the last quarter. DAVENPORT & Co LLC grew its holdings in shares of AMETEK by 0.8% in the first quarter. DAVENPORT & Co LLC now owns 7,125 shares of the technology company’s stock worth $1,226,000 after acquiring an additional 60 shares during the period. Raiffeisen Bank International AG increased its position in AMETEK by 16.5% during the first quarter. Raiffeisen Bank International AG now owns 44,647 shares of the technology company’s stock valued at $7,607,000 after acquiring an additional 6,318 shares during the last quarter. Finally, FORA Capital LLC lifted its holdings in AMETEK by 103.5% in the first quarter. FORA Capital LLC now owns 5,314 shares of the technology company’s stock valued at $915,000 after acquiring an additional 2,703 shares during the period. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Trading Down 1.2%

Shares of AME opened at $186.96 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. The company has a 50 day simple moving average of $186.02 and a two-hundred day simple moving average of $179.31. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $198.33. The firm has a market cap of $43.18 billion, a P/E ratio of 30.11, a price-to-earnings-growth ratio of 2.72 and a beta of 1.11.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.69 by $0.09. The business had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.74 billion. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.66 EPS. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. On average, equities analysts expect that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were issued a $0.31 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.7%. AMETEK’s dividend payout ratio (DPR) is 19.97%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Barclays assumed coverage on shares of AMETEK in a research report on Wednesday, September 10th. They set an “equal weight” rating and a $200.00 price target for the company. TD Cowen raised shares of AMETEK from a “sell” rating to a “hold” rating and upped their price target for the company from $158.00 to $180.00 in a research report on Tuesday, September 2nd. Morgan Stanley lifted their price target on shares of AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a research note on Friday, August 8th. Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a research note on Friday. Finally, KeyCorp lifted their target price on AMETEK from $195.00 to $205.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, AMETEK currently has an average rating of “Moderate Buy” and an average target price of $207.42.

AMETEK Profile

AMETEK, Inc manufactures and sells electronic instruments and electromechanical devices in the North America, Europe, Asia, and South America, and internationally. The company's EIG segment offers advanced instruments for the process, aerospace, power, and industrial markets; process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries; instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets; power quality monitoring and c devices, uninterruptible power supplies, programmable power and electromagnetic compatibility test equipment, and sensors for gas turbines and dashboard instruments; heavy trucks, instrumentation, and controls for the food and beverage industries; and aircraft and engine sensors, power supplies, embedded computing, monitoring, fuel and fluid measurement, and data acquisition systems for aerospace and defense industry.