Voya Investment Management LLC Trims Stake in AMETEK, Inc. $AME

Voya Investment Management LLC cut its stake in AMETEK, Inc. (NYSE:AME) by 15.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 126,070 shares of the technology company’s stock after selling 22,980 shares during the quarter. Voya Investment Management LLC’s holdings in AMETEK were worth $23,701,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Darwin Wealth Management LLC acquired a new position in shares of AMETEK in the 2nd quarter valued at $25,000. Bares Capital Management Inc. acquired a new position in shares of AMETEK in the first quarter worth about $26,000. ST Germain D J Co. Inc. boosted its stake in shares of AMETEK by 628.6% during the 2nd quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock worth $28,000 after acquiring an additional 132 shares in the last quarter. NewSquare Capital LLC grew its position in shares of AMETEK by 129.7% during the 2nd quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock valued at $31,000 after acquiring an additional 96 shares during the period. Finally, SouthState Corp increased its stake in shares of AMETEK by 47.4% in the 2nd 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. Institutional investors and hedge funds own 87.43% of the company’s stock.

AMETEK Trading Up 0.6%

Shares of AME opened at $203.25 on Monday. AMETEK, Inc. has a 52-week low of $145.02 and a 52-week high of $204.43. The stock has a market cap of $46.79 billion, a PE ratio of 32.06, a price-to-earnings-growth ratio of 2.89 and a beta of 1.04. The firm’s fifty day moving average is $194.55 and its two-hundred day moving average is $186.99. The company has a quick ratio of 0.72, a current ratio of 1.16 and a debt-to-equity ratio of 0.14.

AMETEK (NYSE:AME) last issued its earnings results on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.13. The business had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.81 billion. AMETEK had a net margin of 20.50% and a return on equity of 16.66%. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.66 earnings per share. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. Research analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 5th were issued 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 was Friday, December 5th. AMETEK’s payout ratio is currently 19.56%.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Robert W. Baird raised their price objective on AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. DA Davidson increased their target price on AMETEK from $235.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, December 8th. KeyCorp boosted their price target on shares of AMETEK from $205.00 to $220.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. TD Cowen raised shares of AMETEK from a “sell” rating to a “hold” rating and increased their price objective for the company from $158.00 to $180.00 in a report on Tuesday, September 2nd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, October 8th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, AMETEK currently has a consensus rating of “Moderate Buy” and an average price target of $212.00.

Insider Activity

In related news, CEO David A. Zapico sold 28,390 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $201.76, for a total value of $5,727,966.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ronald J. Oscher sold 26,290 shares of the business’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 directly owned 40,226 shares in the company, valued at $8,047,211.30. This trade represents a 39.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 156,990 shares of company stock worth $31,161,795 over the last ninety days. Corporate insiders own 0.57% of the company’s stock.

AMETEK Company Profile

AMETEK, Inc is a global manufacturer of electronic instruments and electromechanical devices that serves a broad range of industries. Headquartered in Berwyn, Pennsylvania, the company designs and produces precision instruments, electronic measurement devices, specialty sensors, and electric motors and motion control systems. Its product portfolio includes analytical and monitoring instruments, calibration equipment, power supplies, embedded electronics, and industrial motors and drives used for critical applications.

The company operates through two primary business platforms — an electronic instruments group focused on analytical, test and measurement and sensor products, and an electromechanical group that supplies motors, actuators, and related power and motion solutions.