Mitsubishi UFJ Trust & Banking Corp Trims Stake in AMETEK, Inc. $AME

Mitsubishi UFJ Trust & Banking Corp lessened its holdings in shares of AMETEK, Inc. (NYSE:AME) by 4.9% during the 3rd quarter, HoldingsChannel reports. The fund owned 94,277 shares of the technology company’s stock after selling 4,850 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in AMETEK were worth $17,724,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. UniSuper Management Pty Ltd lifted its position in AMETEK by 17.1% during the third quarter. UniSuper Management Pty Ltd now owns 22,735 shares of the technology company’s stock valued at $4,274,000 after purchasing an additional 3,327 shares in the last quarter. Teacher Retirement System of Texas lifted its position in shares of AMETEK by 46.4% during the 3rd quarter. Teacher Retirement System of Texas now owns 193,395 shares of the technology company’s stock valued at $36,358,000 after buying an additional 61,267 shares in the last quarter. iA Global Asset Management Inc. bought a new position in shares of AMETEK during the 3rd quarter valued at approximately $2,034,000. Rakuten Investment Management Inc. purchased a new stake in AMETEK in the 3rd quarter worth approximately $2,098,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its stake in AMETEK by 10.6% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 307,889 shares of the technology company’s stock worth $57,883,000 after acquiring an additional 29,465 shares during the period. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on AME shares. Royal Bank Of Canada upped their price target on shares of AMETEK from $212.00 to $229.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. KeyCorp upped their target price on shares of AMETEK from $220.00 to $235.00 and gave the stock an “overweight” rating in a report on Tuesday, January 6th. Morgan Stanley raised their price target on AMETEK from $198.00 to $215.00 and gave the company an “equal weight” rating in a report on Monday, January 12th. Melius Research set a $235.00 price objective on AMETEK in a research report on Monday, January 5th. Finally, Wall Street Zen upgraded AMETEK from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $229.82.

AMETEK Trading Down 0.4%

Shares of AMETEK stock opened at $219.81 on Tuesday. AMETEK, Inc. has a twelve month low of $145.02 and a twelve month high of $224.37. The company has a quick ratio of 0.72, a current ratio of 1.16 and a debt-to-equity ratio of 0.14. The business has a 50-day moving average price of $205.18 and a 200-day moving average price of $192.86. The firm has a market cap of $50.60 billion, a price-to-earnings ratio of 34.67, a PEG ratio of 3.00 and a beta of 1.04.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.13. The company had revenue of $1.89 billion during 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%.The firm’s revenue was up 10.8% on a year-over-year basis. During the same period in the prior year, the company earned $1.66 earnings per share. 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 anticipate that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Dividend Announcement

The firm also recently announced 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 of this dividend was 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 19.56%.

Insider Buying and Selling at AMETEK

In other news, insider Thomas C. Marecic sold 14,310 shares of the company’s stock in a transaction dated 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 sale, the insider directly owned 42,589 shares in the company, valued at approximately $8,607,662.79. This represents a 25.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David A. Zapico sold 28,390 shares of AMETEK stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $201.76, for a total value 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 worth $32,471,654 in the last ninety days. Company insiders own 0.57% of the company’s stock.

AMETEK Profile

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.