AMETEK, Inc. $AME Shares Acquired by AG2R LA Mondiale Gestion D Actifs

AG2R LA Mondiale Gestion D Actifs lifted its stake in shares of AMETEK, Inc. (NYSE:AME) by 3.0% during the second quarter, HoldingsChannel.com reports. The firm owned 9,560 shares of the technology company’s stock after purchasing an additional 282 shares during the period. AG2R LA Mondiale Gestion D Actifs’ holdings in AMETEK were worth $1,730,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in AME. Invesco Ltd. grew its stake in shares of AMETEK by 127.2% during the 1st quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company’s stock worth $598,943,000 after purchasing an additional 1,947,831 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of AMETEK by 21.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company’s stock worth $1,888,385,000 after purchasing an additional 1,908,742 shares during the period. Nuveen LLC acquired a new position in shares of AMETEK during the 1st quarter worth $94,051,000. Goldman Sachs Group Inc. grew its stake in shares of AMETEK by 28.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,178,233 shares of the technology company’s stock worth $374,961,000 after purchasing an additional 484,803 shares during the period. Finally, Jacobs Levy Equity Management Inc. acquired a new position in shares of AMETEK during the 1st quarter worth $72,872,000. 87.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on AME shares. Barclays started coverage on shares of AMETEK in a research report on Wednesday, September 10th. They issued an “equal weight” rating and a $200.00 price objective on the stock. Mizuho boosted their price objective on shares of AMETEK from $212.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Melius Research upgraded shares of AMETEK to a “hold” rating in a research report on Monday, July 14th. Truist Financial boosted their price objective 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. Finally, Royal Bank Of Canada boosted their price objective on shares of AMETEK from $209.00 to $212.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $207.42.

AMETEK Price Performance

NYSE:AME opened at $186.96 on Friday. The firm has a market cap of $43.18 billion, a price-to-earnings ratio of 30.11, a price-to-earnings-growth ratio of 2.69 and a beta of 1.11. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15. The company’s 50-day moving average is $186.02 and its two-hundred day moving average is $179.50. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $198.33.

AMETEK (NYSE:AME) last released its earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.09. The company had revenue of $1.78 billion for 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%. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the firm 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. Research analysts expect that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were issued a $0.31 dividend. 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 is 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.