Guggenheim Capital LLC Has $4.06 Million Stock Holdings in AMETEK, Inc. $AME

Guggenheim Capital LLC reduced its stake in AMETEK, Inc. (NYSE:AME) by 32.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,421 shares of the technology company’s stock after selling 10,844 shares during the period. Guggenheim Capital LLC’s holdings in AMETEK were worth $4,057,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Bares Capital Management Inc. acquired a new position in AMETEK in the 1st quarter valued at about $26,000. ST Germain D J Co. Inc. increased its holdings in shares of AMETEK by 628.6% during the second quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock worth $28,000 after purchasing an additional 132 shares during the period. NewSquare Capital LLC increased its stake in AMETEK by 129.7% during the 2nd quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock worth $31,000 after acquiring an additional 96 shares during the period. SouthState Corp raised its stake in AMETEK by 47.4% in the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock valued at $37,000 after purchasing an additional 65 shares in the last quarter. Finally, AdvisorShares Investments LLC bought a new position in AMETEK in the 2nd quarter valued at about $39,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

AMETEK Trading Up 0.2%

AMETEK stock opened at $199.70 on Monday. The firm’s fifty day moving average price is $191.20 and its 200-day moving average price is $185.39. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $204.15. The stock has a market cap of $45.97 billion, a P/E ratio of 31.50, a PEG ratio of 2.84 and a beta of 1.04. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.72 and a current ratio of 1.16.

AMETEK (NYSE:AME) last posted its quarterly earnings data on Thursday, October 30th. The technology company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.13. AMETEK had a net margin of 20.50% and a return on equity of 16.66%. The firm had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter last year, the company posted $1.66 EPS. The business’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 and its FY 2025 guidance at 7.320-7.370 EPS. Equities research analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 5th will be given a $0.31 dividend. The ex-dividend date 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 presently 19.56%.

Insider Transactions at AMETEK

In other news, CEO David A. Zapico sold 88,000 shares of AMETEK stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $196.39, for a total value of $17,282,320.00. Following the sale, the chief executive officer directly owned 348,955 shares in the company, valued at approximately $68,531,272.45. This trade represents a 20.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 transaction of $5,259,314.50. Following the completion of 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 position. The disclosure for this sale is available in the SEC filing. 0.57% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts recently weighed in on AME shares. Robert W. Baird raised their price objective on AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. TD Cowen raised shares of AMETEK from a “sell” rating to a “hold” rating and increased their target price for the company from $158.00 to $180.00 in a research report on Tuesday, September 2nd. KeyCorp boosted their price objective on AMETEK from $205.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Royal Bank Of Canada increased their target price on shares of AMETEK from $212.00 to $229.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. Finally, Truist Financial upped their target price on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a research 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 company currently has a consensus rating of “Moderate Buy” and an average target price of $211.00.

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.