David Zapico Sells 28,390 Shares of AMETEK (NYSE:AME) Stock

by · The Cerbat Gem

AMETEK, Inc. (NYSE:AME – Get Free Report) CEO David Zapico sold 28,390 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $201.76, for a total value of $5,727,966.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

AMETEK Stock Down 1.1%

NYSE AME traded down $2.22 during trading on Friday, reaching $201.62. 1,489,808 shares of the company’s stock traded hands, compared to its average volume of 1,350,552. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $204.43. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.16 and a quick ratio of 0.72. The firm has a market cap of $46.41 billion, a price-to-earnings ratio of 31.80, a price-to-earnings-growth ratio of 2.85 and a beta of 1.04. The company’s 50 day simple moving average is $192.21 and its two-hundred day simple moving average is $185.89.

AMETEK (NYSE:AME – Get Free Report) last issued its quarterly earnings data on Thursday, October 30th. The technology company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.13. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.The firm had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the prior year, the business posted $1.66 EPS. The firm’s quarterly revenue 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 forecast that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 5th will be issued a $0.31 dividend. The ex-dividend date of this dividend 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 Inflows and Outflows

A number of large investors have recently modified their holdings of AME. KBC Group NV raised its position in shares of AMETEK by 3.2% during the 2nd quarter. KBC Group NV now owns 289,634 shares of the technology company’s stock worth $52,412,000 after purchasing an additional 9,063 shares during the last quarter. FORA Capital LLC increased its stake in AMETEK by 103.5% during the 1st quarter. FORA Capital LLC now owns 5,314 shares of the technology company’s stock worth $915,000 after buying an additional 2,703 shares in the last quarter. Jump Financial LLC raised its holdings in shares of AMETEK by 462.4% during the first quarter. Jump Financial LLC now owns 70,256 shares of the technology company’s stock valued at $12,094,000 after acquiring an additional 57,763 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of AMETEK by 5.8% in the first quarter. BNP Paribas Financial Markets now owns 559,782 shares of the technology company’s stock valued at $96,361,000 after acquiring an additional 30,717 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of AMETEK by 77.6% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 13,660 shares of the technology company’s stock worth $2,351,000 after acquiring an additional 5,967 shares during the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

Wall Street Analysts Forecast Growth

AME has been the subject of a number of research reports. DA Davidson lifted their target price on AMETEK from $235.00 to $240.00 and gave the stock a “buy” rating in a report on Monday. Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a research note on Wednesday, October 8th. Robert W. Baird upped 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. Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Finally, Truist Financial boosted their target price on shares of AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $213.08.

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AMETEK Company Profile

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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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