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

Teacher Retirement System of Texas boosted its position in AMETEK, Inc. (NYSE:AME) by 46.4% in the 3rd quarter, Holdings Channel reports. The institutional investor 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’ holdings in AMETEK were worth $36,358,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in AME. iA Global Asset Management Inc. purchased a new stake in shares of AMETEK in the 3rd quarter valued at $2,034,000. Rakuten Investment Management Inc. bought a new stake in AMETEK in the third quarter worth $2,098,000. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in AMETEK by 10.6% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 307,889 shares of the technology company’s stock valued at $57,883,000 after buying an additional 29,465 shares during the period. Chicago Partners Investment Group LLC grew its stake in shares of AMETEK by 9.0% during the third quarter. Chicago Partners Investment Group LLC now owns 2,745 shares of the technology company’s stock valued at $508,000 after buying an additional 226 shares during the last quarter. Finally, Grey Fox Wealth Advisors LLC bought a new position in shares of AMETEK during the third quarter valued at about $39,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Price Performance

AME 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. The stock has a market capitalization of $50.84 billion, a PE ratio of 34.84, a price-to-earnings-growth ratio of 3.02 and a beta of 1.04. The stock’s 50 day moving average price is $204.60 and its 200-day moving average price is $192.44. AMETEK, Inc. has a 52-week low of $145.02 and a 52-week high of $224.37.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, topping 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 quarter last year, the firm posted $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. On average, equities research analysts predict that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors 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 dividend yield of 0.6%. AMETEK’s payout ratio is currently 19.56%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on AME shares. KeyCorp increased their target price on AMETEK from $220.00 to $235.00 and gave the company an “overweight” rating in a report on Tuesday, January 6th. DA Davidson boosted their price objective on AMETEK from $235.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, December 8th. Deutsche Bank Aktiengesellschaft initiated coverage on AMETEK in a research note on Wednesday. They set a “buy” rating and a $271.00 price objective for the company. Robert W. Baird lifted their target price on shares of AMETEK from $198.00 to $204.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Finally, Royal Bank Of Canada increased their price target on shares of AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, AMETEK presently has an average rating of “Moderate Buy” and an average price target of $229.82.

Insider Activity at AMETEK

In other AMETEK news, CEO David A. Zapico sold 88,000 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $196.39, for a total value of $17,282,320.00. Following the completion of the sale, the chief executive officer directly owned 348,955 shares in the company, valued at $68,531,272.45. This trade represents a 20.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Thomas M. Montgomery sold 6,388 shares of AMETEK stock in a transaction that occurred 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 sale, the vice president directly owned 22,116 shares in the company, valued at approximately $4,534,885.80. The trade was a 22.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 163,378 shares of company stock valued at $32,471,654 in the last three months. 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.