Wealth Enhancement Advisory Services LLC Buys 84,224 Shares of AMETEK, Inc. $AME

Wealth Enhancement Advisory Services LLC boosted its stake in AMETEK, Inc. (NYSE:AME) by 168.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 134,363 shares of the technology company’s stock after purchasing an additional 84,224 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in AMETEK were worth $24,376,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Biltmore Wealth Management LLC raised its holdings in AMETEK by 1.1% during the 3rd quarter. Biltmore Wealth Management LLC now owns 4,771 shares of the technology company’s stock valued at $897,000 after buying an additional 54 shares during the last quarter. Baker Tilly Wealth Management LLC increased its position in shares of AMETEK by 3.9% in the third quarter. Baker Tilly Wealth Management LLC now owns 1,663 shares of the technology company’s stock valued at $313,000 after acquiring an additional 63 shares during the period. SouthState Corp boosted its holdings in shares of AMETEK by 47.4% during the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after purchasing an additional 65 shares during the period. CX Institutional grew its stake in shares of AMETEK by 3.7% in the third quarter. CX Institutional now owns 1,869 shares of the technology company’s stock worth $351,000 after purchasing an additional 66 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its holdings in AMETEK by 3.0% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,335 shares of the technology company’s stock valued at $423,000 after purchasing an additional 69 shares during the period. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Trading Up 3.5%

Shares of NYSE AME opened at $220.69 on Thursday. AMETEK, Inc. has a 52-week low of $145.02 and a 52-week high of $221.35. The company has a market cap of $50.80 billion, a PE ratio of 34.81, a P/E/G ratio of 2.79 and a beta of 1.04. The firm’s 50 day moving average price is $203.49 and its 200-day moving average price is $191.96. 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 results on Thursday, October 30th. The technology company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.13. The firm had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.81 billion. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.The company’s revenue was up 10.8% on a year-over-year basis. During the same quarter in the previous 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. On average, equities research analysts expect that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were issued a $0.31 dividend. The ex-dividend date was Friday, December 5th. This represents a $1.24 annualized dividend and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 19.56%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on AME shares. Royal Bank Of Canada raised their target price on shares of AMETEK from $212.00 to $229.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. Truist Financial upped their target price on shares of AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. DA Davidson increased their price target on shares of AMETEK from $235.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, December 8th. Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Finally, TD Cowen upgraded shares of AMETEK from a “sell” rating to a “buy” rating in a report on Tuesday, December 23rd. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $229.82.

Insider Activity at AMETEK

In related news, insider Thomas C. Marecic sold 14,310 shares of AMETEK stock in a transaction on Monday, December 15th. The stock was sold at an average price of $202.11, for a total value of $2,892,194.10. Following the completion of the sale, the insider owned 42,589 shares of the company’s stock, valued at $8,607,662.79. The trade was a 25.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Ronald J. Oscher sold 26,290 shares of the stock in a transaction dated Friday, October 31st. The shares were 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 in the company, valued at approximately $8,047,211.30. This represents a 39.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 163,378 shares of company stock worth $32,471,654. Company insiders own 0.57% of the company’s stock.

About AMETEK

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.