First Citizens Bank & Trust Co. Has $644,000 Position in AMETEK, Inc. $AME

First Citizens Bank & Trust Co. grew its holdings in shares of AMETEK, Inc. (NYSE:AME) by 3.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,558 shares of the technology company’s stock after acquiring an additional 110 shares during the period. First Citizens Bank & Trust Co.’s holdings in AMETEK were worth $644,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Schaper Benz & Wise Investment Counsel Inc. WI grew its holdings in AMETEK by 4.5% during the 2nd quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 108,122 shares of the technology company’s stock worth $19,566,000 after acquiring an additional 4,617 shares during the period. Bleakley Financial Group LLC boosted its position in shares of AMETEK by 5.1% during the 2nd quarter. Bleakley Financial Group LLC now owns 13,599 shares of the technology company’s stock worth $2,461,000 after purchasing an additional 662 shares in the last quarter. Forum Financial Management LP boosted its position in shares of AMETEK by 15.6% during the 2nd quarter. Forum Financial Management LP now owns 2,697 shares of the technology company’s stock worth $488,000 after purchasing an additional 363 shares in the last quarter. Ethic Inc. boosted its position in shares of AMETEK by 3.2% during the 2nd quarter. Ethic Inc. now owns 21,492 shares of the technology company’s stock worth $3,880,000 after purchasing an additional 671 shares in the last quarter. Finally, Cullen Frost Bankers Inc. boosted its position in shares of AMETEK by 11.8% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 3,314 shares of the technology company’s stock worth $600,000 after purchasing an additional 349 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

AMETEK Price Performance

Shares of NYSE AME opened at $186.96 on Friday. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $198.33. The stock has a market cap of $43.18 billion, a price-to-earnings ratio of 30.11, a PEG ratio of 2.69 and a beta of 1.11. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.63. The firm’s 50-day simple moving average is $186.02 and its 200 day simple moving average is $179.50.

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

AMETEK Dividend Announcement

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

Wall Street Analyst Weigh In

AME has been the topic of a number of research analyst reports. Melius cut shares of AMETEK from a “buy” rating to a “hold” rating and set a $192.00 price objective on the stock. in a research report on Monday, July 14th. TD Cowen raised shares of AMETEK from a “sell” rating to a “hold” rating and increased their price objective for the stock from $158.00 to $180.00 in a research report on Tuesday, September 2nd. Robert W. Baird increased their price objective on shares of AMETEK from $190.00 to $198.00 and gave the stock a “neutral” rating in a research report on Monday, August 4th. Royal Bank Of Canada increased their price objective on shares of AMETEK from $209.00 to $212.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Finally, Morgan Stanley raised their price target on shares of AMETEK from $185.00 to $198.00 and gave the company an “equal weight” rating in a research report on Friday, August 8th. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, AMETEK currently has a consensus rating of “Moderate Buy” and an average target price of $207.42.

AMETEK Company 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.