Marks Group Wealth Management Inc Grows Stake in AMETEK, Inc. $AME

Marks Group Wealth Management Inc boosted its position in AMETEK, Inc. (NYSE:AME) by 0.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,550 shares of the technology company’s stock after purchasing an additional 68 shares during the period. Marks Group Wealth Management Inc’s holdings in AMETEK were worth $8,786,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of AME. NBC Securities Inc. increased its stake in AMETEK by 101,500.0% in the 1st quarter. NBC Securities Inc. now owns 1,016 shares of the technology company’s stock valued at $174,000 after purchasing an additional 1,015 shares in the last quarter. Merit Financial Group LLC increased its stake in AMETEK by 310.1% in the 1st quarter. Merit Financial Group LLC now owns 5,877 shares of the technology company’s stock valued at $1,012,000 after purchasing an additional 4,444 shares in the last quarter. Procyon Advisors LLC increased its stake in AMETEK by 6.4% in the 1st quarter. Procyon Advisors LLC now owns 2,283 shares of the technology company’s stock valued at $393,000 after purchasing an additional 137 shares in the last quarter. Congress Asset Management Co. increased its stake in AMETEK by 0.9% in the 1st quarter. Congress Asset Management Co. now owns 78,625 shares of the technology company’s stock valued at $13,534,000 after purchasing an additional 682 shares in the last quarter. Finally, Gateway Investment Advisers LLC increased its stake in AMETEK by 3.5% in the 1st quarter. Gateway Investment Advisers LLC now owns 8,656 shares of the technology company’s stock valued at $1,490,000 after purchasing an additional 296 shares in the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on AME shares. Melius downgraded AMETEK from a “buy” rating to a “hold” rating and set a $192.00 price objective for the company. in a research note on Monday, July 14th. Royal Bank Of Canada raised their price target on AMETEK from $209.00 to $212.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Barclays assumed coverage on AMETEK in a research report on Wednesday, September 10th. They set an “equal weight” rating and a $200.00 price target for the company. Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a research report on Saturday, September 27th. Finally, Morgan Stanley raised their price target on AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a research report on Friday, August 8th. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, AMETEK presently has an average rating of “Moderate Buy” and a consensus target price of $205.00.

AMETEK Price Performance

Shares of NYSE:AME opened at $183.76 on Monday. The company has a market cap of $42.44 billion, a P/E ratio of 29.59, a P/E/G ratio of 2.64 and a beta of 1.11. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $198.33. The business has a fifty day simple moving average of $185.41 and a 200-day simple moving average of $177.76.

AMETEK (NYSE:AME) last announced its quarterly earnings data on Thursday, July 31st. The technology company reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.09. The business had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.74 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The business’s revenue for the quarter was up 2.5% 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 Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. Equities research analysts forecast that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were given a $0.31 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.7%. AMETEK’s payout ratio is currently 19.97%.

AMETEK 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.