Nomura Asset Management Co. Ltd. Increases Stock Position in AMETEK, Inc. $AME

Nomura Asset Management Co. Ltd. increased its holdings in shares of AMETEK, Inc. (NYSE:AME) by 4.8% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 76,647 shares of the technology company’s stock after purchasing an additional 3,520 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in AMETEK were worth $13,870,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of AME. Universal Beteiligungs und Servicegesellschaft mbH raised its position in shares of AMETEK by 0.9% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 278,424 shares of the technology company’s stock worth $50,384,000 after acquiring an additional 2,458 shares in the last quarter. Citizens Financial Group Inc. RI bought a new stake in AMETEK during the second quarter valued at about $406,000. Cetera Investment Advisers grew its stake in AMETEK by 0.3% in the second quarter. Cetera Investment Advisers now owns 42,590 shares of the technology company’s stock valued at $7,707,000 after purchasing an additional 107 shares during the last quarter. Creative Planning raised its holdings in AMETEK by 20.0% in the second quarter. Creative Planning now owns 35,022 shares of the technology company’s stock worth $6,338,000 after purchasing an additional 5,826 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of AMETEK by 7.0% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 56,624 shares of the technology company’s stock valued at $10,247,000 after buying an additional 3,727 shares during the last quarter. Institutional investors own 87.43% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. KeyCorp lifted their price objective on shares of AMETEK from $205.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Truist Financial lifted their price target on shares of AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. DA Davidson upped their price target on AMETEK from $210.00 to $215.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Robert W. Baird boosted their target price on AMETEK from $198.00 to $204.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Finally, Royal Bank Of Canada upped their target price on AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $211.00.

AMETEK Trading Up 0.9%

NYSE:AME opened at $191.64 on Thursday. The company has a market capitalization of $44.12 billion, a P/E ratio of 30.86, a PEG ratio of 2.64 and a beta of 1.12. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15. AMETEK, Inc. has a 12 month low of $145.02 and a 12 month high of $204.15. The firm has a fifty day simple moving average of $189.10 and a 200-day simple moving average of $183.64.

AMETEK (NYSE:AME) last issued its earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter last year, the business posted $1.66 EPS. The firm’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 research analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Announces Dividend

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

Insider Buying and Selling

In other AMETEK news, insider Ronald J. Oscher sold 26,290 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $200.05, for a total transaction of $5,259,314.50. Following the completion of the transaction, the insider directly owned 40,226 shares of the company’s stock, valued at approximately $8,047,211.30. This trade represents a 39.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.57% of the stock is currently owned by corporate insiders.

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.