Mutual of America Capital Management LLC Grows Position in AMETEK, Inc. $AME

Mutual of America Capital Management LLC boosted its stake in shares of AMETEK, Inc. (NYSE:AME) by 6.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 67,301 shares of the technology company’s stock after buying an additional 3,788 shares during the quarter. Mutual of America Capital Management LLC’s holdings in AMETEK were worth $12,653,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the business. First Citizens Bank & Trust Co. raised its position in shares of AMETEK by 12.3% in the third quarter. First Citizens Bank & Trust Co. now owns 3,996 shares of the technology company’s stock valued at $751,000 after buying an additional 438 shares during the last quarter. CIBC Asset Management Inc raised its position in shares of AMETEK by 3.3% in the 3rd quarter. CIBC Asset Management Inc now owns 61,868 shares of the technology company’s stock worth $11,631,000 after buying an additional 1,986 shares during the period. GHP Investment Advisors Inc. grew its position in AMETEK by 6.7% during the third quarter. GHP Investment Advisors Inc. now owns 79,344 shares of the technology company’s stock valued at $14,917,000 after acquiring an additional 5,017 shares during the period. Mn Services Vermogensbeheer B.V. lifted its stake in shares of AMETEK by 1.2% in the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 87,300 shares of the technology company’s stock valued at $16,412,000 after purchasing an additional 1,000 shares in the last quarter. Finally, UniSuper Management Pty Ltd increased its position in AMETEK by 17.1% during the 3rd quarter. UniSuper Management Pty Ltd now owns 22,735 shares of the technology company’s stock worth $4,274,000 after purchasing an additional 3,327 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Insider Buying and Selling

In other AMETEK news, insider Thomas C. Marecic sold 14,310 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $202.11, for a total value of $2,892,194.10. Following the sale, the insider directly owned 42,589 shares of the company’s stock, valued at $8,607,662.79. This trade represents a 25.15% decrease in their ownership of the stock. 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 company’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $200.05, for a total transaction of $5,259,314.50. Following the transaction, the insider owned 40,226 shares of the company’s stock, valued at $8,047,211.30. This represents a 39.52% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 163,378 shares of company stock valued at $32,471,654. 0.57% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Mizuho raised their target price 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. Truist Financial upped their target price on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a report on Wednesday, January 21st. Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Finally, Royal Bank Of Canada boosted their price objective on shares of AMETEK from $212.00 to $229.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $229.82.

AMETEK Price Performance

AME opened at $219.81 on Tuesday. 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 1-year low of $145.02 and a 1-year high of $224.37. The company has a 50-day moving average of $205.18 and a 200-day moving average of $192.86. The company has a market capitalization of $50.60 billion, a P/E ratio of 34.67, a PEG ratio of 3.00 and a beta of 1.04.

AMETEK (NYSE:AME) last announced its quarterly earnings data on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the prior year, the firm posted $1.66 earnings per share. AMETEK’s revenue for the quarter 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 analysts expect that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were paid 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 dividend payout ratio is 19.56%.

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.