Mar Vista Investment Partners LLC Sells 8,524 Shares of AMETEK, Inc. $AME

Mar Vista Investment Partners LLC cut its position in shares of AMETEK, Inc. (NYSE:AMEFree Report) by 4.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 183,732 shares of the technology company’s stock after selling 8,524 shares during the quarter. AMETEK comprises about 2.5% of Mar Vista Investment Partners LLC’s holdings, making the stock its 19th largest position. Mar Vista Investment Partners LLC owned 0.08% of AMETEK worth $33,248,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of AME. Vanguard Group Inc. increased its stake in AMETEK by 1.3% in the first quarter. Vanguard Group Inc. now owns 26,484,263 shares of the technology company’s stock valued at $4,559,001,000 after purchasing an additional 336,491 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in AMETEK by 21.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company’s stock worth $1,888,385,000 after buying an additional 1,908,742 shares during the period. Geode Capital Management LLC boosted its holdings in AMETEK by 1.8% in the second quarter. Geode Capital Management LLC now owns 5,794,236 shares of the technology company’s stock worth $1,044,009,000 after acquiring an additional 104,139 shares in the last quarter. JPMorgan Chase & Co. grew its stake in AMETEK by 2.8% in the first quarter. JPMorgan Chase & Co. now owns 5,747,368 shares of the technology company’s stock valued at $989,352,000 after acquiring an additional 154,682 shares during the period. Finally, Flossbach Von Storch SE increased its holdings in shares of AMETEK by 0.4% during the second quarter. Flossbach Von Storch SE now owns 3,785,676 shares of the technology company’s stock valued at $685,056,000 after acquiring an additional 15,610 shares in the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Insider Activity at AMETEK

In related news, insider Ronald J. Oscher sold 26,290 shares of the company’s stock in a transaction that occurred 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 represents a 39.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.57% of the company’s stock.

AMETEK Price Performance

AMETEK stock opened at $193.10 on Friday. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $204.15. The company’s 50 day moving average price is $188.92 and its two-hundred day moving average price is $183.17. The stock has a market cap of $44.45 billion, a P/E ratio of 31.10, a P/E/G ratio of 2.64 and a beta of 1.12. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15.

AMETEK (NYSE:AMEGet Free Report) last released its earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.13. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The company had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period in the prior year, the company posted $1.66 earnings per share. AMETEK’s quarterly revenue was up 10.8% on a year-over-year basis. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.320-7.370 EPS. On average, equities analysts predict that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Friday, December 5th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, December 5th. AMETEK’s dividend payout ratio is currently 19.56%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on AME. Robert W. Baird increased their target price on AMETEK from $198.00 to $204.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. DA Davidson boosted their target price on shares of AMETEK from $210.00 to $215.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Truist Financial raised their price target on shares of AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. TD Cowen upgraded AMETEK from a “sell” rating to a “hold” rating and lifted their price target for the company from $158.00 to $180.00 in a research note on Tuesday, September 2nd. Finally, Morgan Stanley increased their price objective on AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a research note on Friday, August 8th. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, AMETEK has a consensus rating of “Moderate Buy” and a consensus target price of $211.00.

Check Out Our Latest Stock Analysis on AME

About AMETEK

(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

Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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