AMETEK, Inc. $AME is Mountain Pacific Investment Advisers LLC’s 2nd Largest Position

Mountain Pacific Investment Advisers LLC decreased its position in AMETEK, Inc. (NYSE:AMEFree Report) by 46.1% during the third quarter, Holdings Channel reports. The fund owned 191,686 shares of the technology company’s stock after selling 164,024 shares during the period. AMETEK comprises approximately 5.6% of Mountain Pacific Investment Advisers LLC’s investment portfolio, making the stock its 2nd biggest position. Mountain Pacific Investment Advisers LLC’s holdings in AMETEK were worth $36,037,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Darwin Wealth Management LLC purchased a new stake in shares of AMETEK during the 2nd quarter valued at about $25,000. ST Germain D J Co. Inc. grew its position in AMETEK by 628.6% during the second quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock valued at $28,000 after buying an additional 132 shares during the period. TruNorth Capital Management LLC purchased a new stake in AMETEK during the third quarter valued at approximately $31,000. NewSquare Capital LLC increased its holdings in AMETEK by 129.7% during the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock valued at $31,000 after buying an additional 96 shares during the last quarter. Finally, SouthState Corp raised its position in AMETEK by 47.4% in the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after acquiring an additional 65 shares during the period. 87.43% of the stock is currently owned by institutional investors.

Insider Activity at AMETEK

In other AMETEK news, insider Thomas C. Marecic sold 14,310 shares of the business’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $202.11, for a total value of $2,892,194.10. Following the sale, the insider owned 42,589 shares in the company, valued at $8,607,662.79. The trade was a 25.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO David A. Zapico sold 88,000 shares of the stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $196.39, for a total transaction of $17,282,320.00. Following the transaction, the chief executive officer directly owned 348,955 shares of the company’s stock, valued at $68,531,272.45. This trade represents a 20.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 163,378 shares of company stock worth $32,471,654 over the last ninety days. 0.57% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

AME has been the subject of a number of recent research reports. Morgan Stanley boosted their price objective on shares of AMETEK from $198.00 to $215.00 and gave the company an “equal weight” rating in a research report on Monday, January 12th. Royal Bank Of Canada lifted 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. Mizuho upped their price target on AMETEK from $225.00 to $230.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. KeyCorp lifted their price objective on AMETEK from $220.00 to $235.00 and gave the company an “overweight” rating in a research report on Tuesday, January 6th. Finally, Melius Research set a $235.00 price objective on AMETEK in a research note on Monday, January 5th. One 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, AMETEK has an average rating of “Moderate Buy” and an average target price of $229.82.

View Our Latest Report on AMETEK

AMETEK Price Performance

NYSE:AME opened at $220.69 on Thursday. The business’s 50-day simple moving average is $203.49 and its two-hundred day simple moving average is $191.96. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $221.35. The stock 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 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:AMEGet Free Report) last released its quarterly earnings data on Thursday, October 30th. The technology company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.13. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.The firm had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the prior year, the company posted $1.66 earnings per share. The business’s quarterly revenue was up 10.8% compared to the same quarter last year. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. As a group, analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

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

AMETEK Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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