Teacher Retirement System of Texas Buys 61,267 Shares of AMETEK, Inc. $AME

Teacher Retirement System of Texas boosted its position in AMETEK, Inc. (NYSE:AME) by 46.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 193,395 shares of the technology company’s stock after purchasing an additional 61,267 shares during the period. Teacher Retirement System of Texas owned about 0.08% of AMETEK worth $36,358,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the company. Darwin Wealth Management LLC bought a new position in shares of AMETEK during the 2nd quarter worth $25,000. ST Germain D J Co. Inc. raised its stake in AMETEK by 628.6% in the 2nd quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock valued at $28,000 after acquiring an additional 132 shares during the period. NewSquare Capital LLC lifted its holdings in AMETEK by 129.7% during 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 last quarter. TruNorth Capital Management LLC bought a new position in AMETEK during the third quarter worth about $31,000. Finally, SouthState Corp increased its stake in shares of AMETEK by 47.4% in the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after purchasing an additional 65 shares in the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Trading Down 0.5%

AMETEK stock opened at $220.86 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.72 and a current ratio of 1.16. AMETEK, Inc. has a fifty-two week low of $145.02 and a fifty-two week high of $224.37. The stock has a market cap of $50.84 billion, a P/E ratio of 34.84, a PEG ratio of 3.02 and a beta of 1.04. The firm’s fifty day moving average price is $204.60 and its 200-day moving average price is $192.44.

AMETEK (NYSE:AME) last announced its earnings results 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 business had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period in the prior year, the company earned $1.66 EPS. The company’s quarterly 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. Equities research analysts forecast that AMETEK, Inc. will post 7.15 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 5th were given a dividend of $0.31 per share. The ex-dividend date was Friday, December 5th. This represents a $1.24 annualized dividend and a yield of 0.6%. AMETEK’s payout ratio is presently 19.56%.

Analyst Ratings Changes

A number of brokerages recently commented on AME. Mizuho upped their price target on shares of AMETEK from $225.00 to $230.00 and gave the company an “outperform” rating in a research note on Monday, January 5th. Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Truist Financial raised their price target on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. TD Cowen upgraded AMETEK from a “sell” rating to a “buy” rating in a research report on Tuesday, December 23rd. Finally, Melius Research set a $235.00 price objective on AMETEK in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $229.82.

Insider Activity at AMETEK

In other news, VP Thomas M. Montgomery sold 6,388 shares of the stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $205.05, for a total value of $1,309,859.40. Following the transaction, the vice president owned 22,116 shares of the company’s stock, valued at $4,534,885.80. This represents a 22.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Ronald J. Oscher sold 26,290 shares of the firm’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $200.05, for a total transaction of $5,259,314.50. Following the sale, the insider owned 40,226 shares in the company, valued at approximately $8,047,211.30. This trade represents a 39.52% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 163,378 shares of company stock valued at $32,471,654. Company insiders own 0.57% of the company’s stock.

About AMETEK

AMETEK, Inc is a global manufacturer of electronic instruments and electromechanical devices that serves a broad range of industries. Headquartered in Berwyn, Pennsylvania, the company designs and produces precision instruments, electronic measurement devices, specialty sensors, and electric motors and motion control systems. Its product portfolio includes analytical and monitoring instruments, calibration equipment, power supplies, embedded electronics, and industrial motors and drives used for critical applications.

The company operates through two primary business platforms — an electronic instruments group focused on analytical, test and measurement and sensor products, and an electromechanical group that supplies motors, actuators, and related power and motion solutions.