Ronald Oscher Sells 26,290 Shares of AMETEK (NYSE:AME) Stock

AMETEK, Inc. (NYSE:AMEGet Free Report) insider Ronald Oscher sold 26,290 shares of the firm’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $200.05, for a total value of $5,259,314.50. Following the transaction, the insider owned 40,226 shares in the company, valued at approximately $8,047,211.30. This trade represents a 39.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

AMETEK Price Performance

AMETEK stock opened at $197.94 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. AMETEK, Inc. has a one year low of $145.02 and a one year high of $204.15. The firm has a market cap of $45.72 billion, a PE ratio of 31.87, a price-to-earnings-growth ratio of 2.64 and a beta of 1.11. The stock’s fifty day moving average price is $187.21 and its two-hundred day moving average price is $181.46.

AMETEK (NYSE:AMEGet Free Report) last issued its earnings results on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.76 by $0.13. The company had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.81 billion. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The business’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.66 EPS. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.320-7.370 EPS. As a group, research analysts expect that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a $0.31 dividend. The ex-dividend date was Monday, September 15th. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is presently 19.56%.

Institutional Investors Weigh In On AMETEK

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in shares of AMETEK by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 26,997,665 shares of the technology company’s stock valued at $4,885,497,000 after buying an additional 513,402 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of AMETEK by 21.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company’s stock valued at $1,888,385,000 after buying an additional 1,908,742 shares during the last quarter. State Street Corp grew its position in shares of AMETEK by 1.3% in the 2nd quarter. State Street Corp now owns 9,637,303 shares of the technology company’s stock valued at $1,743,966,000 after buying an additional 126,105 shares during the last quarter. Geode Capital Management LLC grew its position in shares of AMETEK by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 5,794,236 shares of the technology company’s stock valued at $1,044,009,000 after buying an additional 104,139 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of AMETEK by 2.8% in the 1st quarter. JPMorgan Chase & Co. now owns 5,747,368 shares of the technology company’s stock valued at $989,352,000 after buying an additional 154,682 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on AME. KeyCorp lifted their price target on AMETEK from $205.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Robert W. Baird lifted their price target on AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a research note on Monday. Barclays lifted their price target on AMETEK from $200.00 to $205.00 and gave the company an “equal weight” rating in a research note on Friday. Truist Financial lifted their price target on AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Finally, Mizuho lifted their price target on AMETEK from $212.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Eight 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, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $211.00.

View Our Latest Stock Analysis on AMETEK

AMETEK Company Profile

(Get Free Report)

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.

Further Reading

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