AMETEK, Inc. $AME Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System lessened its holdings in shares of AMETEK, Inc. (NYSE:AME) by 3.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 160,236 shares of the technology company’s stock after selling 5,249 shares during the period. New York State Teachers Retirement System owned 0.07% of AMETEK worth $30,124,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of AMETEK by 1.9% in the second quarter. Vanguard Group Inc. now owns 26,997,665 shares of the technology company’s stock valued at $4,885,497,000 after purchasing an additional 513,402 shares in the last quarter. State Street Corp boosted its stake in AMETEK by 1.3% during the second quarter. State Street Corp now owns 9,637,303 shares of the technology company’s stock worth $1,743,966,000 after buying an additional 126,105 shares during the last quarter. Geode Capital Management LLC grew its holdings in AMETEK by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 5,794,236 shares of the technology company’s stock valued at $1,044,009,000 after buying an additional 104,139 shares in the last quarter. Invesco Ltd. increased its stake in shares of AMETEK by 22.3% in the 2nd quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock worth $769,890,000 after acquiring an additional 775,078 shares during the last quarter. Finally, Flossbach Von Storch SE raised its holdings in shares of AMETEK by 0.4% during the 2nd quarter. Flossbach Von Storch SE now owns 3,785,676 shares of the technology company’s stock worth $685,056,000 after acquiring an additional 15,610 shares during the period. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Trading Down 0.4%

Shares of NYSE AME opened at $209.71 on Tuesday. The company has a current ratio of 1.16, a quick ratio of 0.72 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $48.28 billion, a PE ratio of 33.08, a PEG ratio of 2.77 and a beta of 1.04. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $214.60. The stock has a fifty day simple moving average of $201.09 and a 200-day simple moving average of $190.44.

AMETEK (NYSE:AME) last posted its 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. The firm had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.81 billion. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.AMETEK’s revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.66 EPS. 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 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 issued a $0.31 dividend. The ex-dividend date was Friday, December 5th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s payout ratio is 19.56%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on AME. Barclays upped their price objective on shares of AMETEK from $205.00 to $210.00 and gave the company an “equal weight” rating in a report on Wednesday, January 7th. Melius upgraded shares of AMETEK from a “hold” rating to a “buy” rating and set a $235.00 price target for the company in a report on Monday, January 5th. Morgan Stanley upped their price objective on AMETEK from $198.00 to $215.00 and gave the company an “equal weight” rating in a report on Monday. Truist Financial raised their target price on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. Finally, Robert W. Baird upped their price target on AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, AMETEK currently has an average rating of “Moderate Buy” and a consensus target price of $225.17.

Insider Buying and Selling at AMETEK

In other AMETEK news, VP Thomas M. Montgomery sold 6,388 shares of the stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the sale, the vice president directly owned 22,116 shares in the company, valued at $4,534,885.80. This represents a 22.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO David A. Zapico sold 28,390 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $201.76, for a total transaction of $5,727,966.40. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 163,378 shares of company stock valued at $32,471,654 in the last 90 days. Corporate 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.