Insider Selling: AMETEK (NYSE:AME) Insider Sells 14,310 Shares of Stock

by · The Cerbat Gem

AMETEK, Inc. (NYSE:AME – Get Free Report) insider Thomas 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 transaction of $2,892,194.10. Following the completion of the transaction, the insider directly owned 42,589 shares in the company, valued at $8,607,662.79. This represents a 25.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

AMETEK Stock Performance

AME traded down $1.48 during trading on Tuesday, reaching $201.71. The company’s stock had a trading volume of 1,533,595 shares, compared to its average volume of 1,352,443. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.72 and a current ratio of 1.16. The company’s fifty day moving average price is $192.97 and its 200-day moving average price is $186.31. AMETEK, Inc. has a 52-week low of $145.02 and a 52-week high of $204.43. The company has a market capitalization of $46.43 billion, a price-to-earnings ratio of 31.82, a price-to-earnings-growth ratio of 2.87 and a beta of 1.04.

AMETEK (NYSE:AME – Get Free Report) last announced its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter last year, the firm posted $1.66 EPS. The business’s 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. On average, equities analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Friday, December 5th will be given a $0.31 dividend. The ex-dividend date is Friday, December 5th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 19.56%.

Institutional Investors Weigh In On AMETEK

Hedge funds and other institutional investors have recently made changes to their positions in the business. Darwin Wealth Management LLC purchased a new position in AMETEK during the second quarter worth about $25,000. Bares Capital Management Inc. acquired a new position in shares of AMETEK during the 1st quarter valued at about $26,000. ST Germain D J Co. Inc. lifted its holdings in shares of AMETEK by 628.6% during the 2nd quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock worth $28,000 after acquiring an additional 132 shares during the period. TruNorth Capital Management LLC acquired a new stake in shares of AMETEK in the third quarter worth approximately $31,000. Finally, NewSquare Capital LLC grew its holdings in AMETEK by 129.7% in the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock valued at $31,000 after purchasing an additional 96 shares during the period. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on AME. Robert W. Baird lifted their price target on AMETEK from $198.00 to $204.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. TD Cowen upgraded shares of AMETEK from a “sell” rating to a “hold” rating and lifted their target price for the stock from $158.00 to $180.00 in a research report on Tuesday, September 2nd. Royal Bank Of Canada upped their price target on shares of AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a report on Friday, October 31st. KeyCorp raised 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. Finally, Truist Financial upped their target price on AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Seven equities 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 presently has an average rating of “Moderate Buy” and an average target price of $212.00.

View Our Latest Stock Analysis on AME

AMETEK Company Profile

(Get Free Report)

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.

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