Invesco Ltd. Buys 775,078 Shares of AMETEK, Inc. $AME

Invesco Ltd. grew its stake in AMETEK, Inc. (NYSE:AME) by 22.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,254,475 shares of the technology company’s stock after acquiring an additional 775,078 shares during the period. Invesco Ltd. owned 1.84% of AMETEK worth $769,890,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Federated Hermes Inc. grew its stake in AMETEK by 8.3% in the first quarter. Federated Hermes Inc. now owns 1,017 shares of the technology company’s stock worth $175,000 after purchasing an additional 78 shares in the last quarter. Jefferies Financial Group Inc. bought a new stake in AMETEK during the 1st quarter valued at $386,000. Costello Asset Management INC purchased a new stake in shares of AMETEK in the 1st quarter worth $43,000. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of AMETEK by 57.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company’s stock worth $33,000 after buying an additional 71 shares in the last quarter. Finally, Intrust Bank NA increased its stake in shares of AMETEK by 1.6% during the first quarter. Intrust Bank NA now owns 14,223 shares of the technology company’s stock valued at $2,448,000 after buying an additional 224 shares during the period. Institutional investors own 87.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. KeyCorp upped their price objective on shares of AMETEK from $205.00 to $220.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Wall Street Zen upgraded shares of AMETEK from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. TD Cowen upgraded shares of AMETEK from a “sell” rating to a “hold” rating and increased their price objective for the company from $158.00 to $180.00 in a research note on Tuesday, September 2nd. Robert W. Baird lifted their price objective on shares of AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. Finally, Truist Financial upped their target price on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $211.00.

Insider Transactions at AMETEK

In other AMETEK news, insider Ronald J. Oscher sold 26,290 shares of the firm’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $200.05, for a total value of $5,259,314.50. Following the completion of the sale, the insider owned 40,226 shares of the company’s stock, valued at approximately $8,047,211.30. This trade represents a 39.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David A. Zapico sold 88,000 shares of the business’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $196.39, for a total value of $17,282,320.00. Following the sale, the chief executive officer owned 348,955 shares in the company, valued at $68,531,272.45. The trade was a 20.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.57% of the company’s stock.

AMETEK Trading Up 0.9%

NYSE:AME opened at $199.09 on Thursday. The stock has a market capitalization of $45.83 billion, a price-to-earnings ratio of 31.40, a PEG ratio of 2.78 and a beta of 1.04. AMETEK, Inc. has a 52 week low of $145.02 and a 52 week high of $204.15. The company has a quick ratio of 0.72, a current ratio of 1.16 and a debt-to-equity ratio of 0.14. The firm has a 50 day moving average of $190.64 and a 200 day moving average of $185.08.

AMETEK (NYSE:AME) last released its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.13. AMETEK had a net margin of 20.50% and a return on equity of 16.66%. The business had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period in the previous year, the company earned $1.66 earnings per share. The business’s revenue for the quarter was up 10.8% on a year-over-year basis. 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, sell-side analysts anticipate that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Friday, December 5th will be given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, December 5th. AMETEK’s dividend payout ratio is currently 19.56%.

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.