PDS Planning Inc Cuts Stake in AMETEK, Inc. $AME

PDS Planning Inc decreased its holdings in AMETEK, Inc. (NYSE:AME) by 8.5% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,407 shares of the technology company’s stock after selling 130 shares during the period. PDS Planning Inc’s holdings in AMETEK were worth $255,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. DAVENPORT & Co LLC boosted its position in AMETEK by 0.8% during the 1st quarter. DAVENPORT & Co LLC now owns 7,125 shares of the technology company’s stock valued at $1,226,000 after buying an additional 60 shares during the period. Alps Advisors Inc. boosted its position in AMETEK by 1.0% during the 1st quarter. Alps Advisors Inc. now owns 6,260 shares of the technology company’s stock valued at $1,078,000 after buying an additional 60 shares during the period. EWA LLC boosted its position in AMETEK by 4.9% during the 1st quarter. EWA LLC now owns 1,382 shares of the technology company’s stock valued at $238,000 after buying an additional 65 shares during the period. Buckhead Capital Management LLC boosted its position in AMETEK by 0.3% during the 1st quarter. Buckhead Capital Management LLC now owns 22,830 shares of the technology company’s stock valued at $3,930,000 after buying an additional 65 shares during the period. Finally, Signaturefd LLC boosted its position in AMETEK by 1.5% during the 1st quarter. Signaturefd LLC now owns 4,625 shares of the technology company’s stock valued at $796,000 after buying an additional 67 shares during the period. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Truist Financial increased their price target on shares of AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research report on Wednesday. TD Cowen upgraded shares of AMETEK from a “sell” rating to a “hold” rating and upped their price objective for the stock from $158.00 to $180.00 in a report on Tuesday, September 2nd. KeyCorp upped their price objective on shares of AMETEK from $195.00 to $205.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Robert W. Baird upped their price objective on shares of AMETEK from $190.00 to $198.00 and gave the stock a “neutral” rating in a report on Monday, August 4th. Finally, Barclays started coverage on shares of AMETEK in a report on Wednesday, September 10th. They issued an “equal weight” rating and a $200.00 price objective for the company. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $207.42.

AMETEK Stock Down 2.2%

Shares of AMETEK stock opened at $179.28 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. The company has a 50-day moving average of $185.60 and a 200 day moving average of $177.93. The firm has a market cap of $41.40 billion, a price-to-earnings ratio of 28.87, a PEG ratio of 2.57 and a beta of 1.11. AMETEK, Inc. has a 1 year low of $145.02 and a 1 year high of $198.33.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.09. The company had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.74 billion. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. AMETEK’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period last year, the business earned $1.66 EPS. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. As a group, sell-side analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

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

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.