Korea Investment CORP Decreases Stake in AMETEK, Inc. $AME

Korea Investment CORP lessened its holdings in shares of AMETEK, Inc. (NYSE:AME) by 7.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 179,009 shares of the technology company’s stock after selling 15,095 shares during the quarter. Korea Investment CORP owned approximately 0.08% of AMETEK worth $32,393,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Avantax Advisory Services Inc. boosted its position in AMETEK by 6.6% during the first quarter. Avantax Advisory Services Inc. now owns 5,300 shares of the technology company’s stock worth $912,000 after acquiring an additional 329 shares during the last quarter. Cetera Investment Advisers lifted its stake in AMETEK by 26.2% in the 1st quarter. Cetera Investment Advisers now owns 42,483 shares of the technology company’s stock worth $7,313,000 after purchasing an additional 8,818 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of AMETEK by 4.7% during the 1st quarter. LPL Financial LLC now owns 121,725 shares of the technology company’s stock worth $20,954,000 after purchasing an additional 5,420 shares during the last quarter. Mackenzie Financial Corp grew its position in shares of AMETEK by 17.1% in the first quarter. Mackenzie Financial Corp now owns 23,612 shares of the technology company’s stock valued at $4,065,000 after purchasing an additional 3,449 shares in the last quarter. Finally, N.E.W. Advisory Services LLC acquired a new stake in shares of AMETEK in the first quarter valued at approximately $48,000. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Barclays upped their target price on AMETEK from $200.00 to $205.00 and gave the company an “equal weight” rating in a report on Friday, October 31st. Truist Financial upped their price objective on shares of AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. Mizuho lifted their target price on shares of AMETEK from $212.00 to $225.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Royal Bank Of Canada boosted their target price on shares of AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $211.00.

Insiders Place Their Bets

In other AMETEK news, insider Ronald J. Oscher sold 26,290 shares of AMETEK stock in a transaction dated 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 completion of the transaction, the insider directly owned 40,226 shares of the company’s stock, valued at $8,047,211.30. The trade was a 39.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO David A. Zapico sold 88,000 shares of the stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $196.39, for a total transaction of $17,282,320.00. Following the sale, the chief executive officer directly owned 348,955 shares in the company, valued at $68,531,272.45. This represents a 20.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.57% of the company’s stock.

AMETEK Trading Up 0.8%

Shares of AME stock opened at $197.89 on Friday. AMETEK, Inc. has a 1-year low of $145.02 and a 1-year high of $204.15. The firm has a market cap of $45.56 billion, a PE ratio of 31.87, a price-to-earnings-growth ratio of 2.64 and a beta of 1.12. The company has a 50-day moving average of $190.02 and a two-hundred day moving average of $184.70. 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 (NYSE:AME) last released its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.13. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The business had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the previous year, the firm earned $1.66 EPS. The business’s 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, analysts predict that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Dividend Announcement

The company also recently declared 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 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, December 5th. AMETEK’s dividend payout ratio (DPR) is currently 19.56%.

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.