TIAA Trust National Association Decreases Position in AMETEK, Inc. $AME

TIAA Trust National Association decreased its stake in AMETEK, Inc. (NYSE:AMEFree Report) by 22.6% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 20,540 shares of the technology company’s stock after selling 5,990 shares during the quarter. TIAA Trust National Association’s holdings in AMETEK were worth $3,717,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of AME. Mutual Advisors LLC boosted its position in shares of AMETEK by 2.6% in the first quarter. Mutual Advisors LLC now owns 4,061 shares of the technology company’s stock worth $677,000 after buying an additional 104 shares during the period. Roffman Miller Associates Inc. PA lifted its stake in shares of AMETEK by 2.9% in the first quarter. Roffman Miller Associates Inc. PA now owns 139,217 shares of the technology company’s stock worth $23,965,000 after acquiring an additional 3,970 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of AMETEK by 2.4% in the first quarter. Envestnet Asset Management Inc. now owns 279,473 shares of the technology company’s stock worth $48,108,000 after acquiring an additional 6,658 shares in the last quarter. TD Private Client Wealth LLC lifted its stake in shares of AMETEK by 23.4% in the first quarter. TD Private Client Wealth LLC now owns 950 shares of the technology company’s stock worth $164,000 after acquiring an additional 180 shares in the last quarter. Finally, Fullcircle Wealth LLC lifted its stake in shares of AMETEK by 16.5% in the first quarter. Fullcircle Wealth LLC now owns 1,301 shares of the technology company’s stock worth $216,000 after acquiring an additional 184 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on AME shares. Morgan Stanley boosted their price target on AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a research note on Friday, August 8th. Robert W. Baird boosted their price target on AMETEK from $198.00 to $204.00 and gave the stock a “neutral” rating in a research note on Monday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a report on Wednesday, October 8th. Mizuho increased their target price on AMETEK from $212.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Finally, KeyCorp increased their target price on AMETEK from $205.00 to $220.00 and gave the stock an “overweight” rating in a report on Friday. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $211.00.

Read Our Latest Stock Analysis on AME

Insider Activity

In related news, insider Ronald J. Oscher sold 26,290 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $200.05, for a total value of $5,259,314.50. Following the sale, the insider owned 40,226 shares of the company’s stock, valued at approximately $8,047,211.30. This trade represents a 39.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.57% of the company’s stock.

AMETEK Trading Down 1.8%

Shares of NYSE AME opened at $198.50 on Tuesday. The company has a market cap of $45.85 billion, a price-to-earnings ratio of 31.97, a price-to-earnings-growth ratio of 2.64 and a beta of 1.11. AMETEK, Inc. has a 12-month low of $145.02 and a 12-month high of $204.15. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15. The stock’s 50 day simple moving average is $186.99 and its 200 day simple moving average is $181.18.

AMETEK (NYSE:AMEGet Free Report) last announced its quarterly 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 business had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.81 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The business’s revenue was up 10.8% on a year-over-year basis. During the same quarter last year, the business posted $1.66 EPS. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.320-7.370 EPS. Equities research analysts expect 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 Tuesday, September 30th. Investors of record on Monday, September 15th were issued a $0.31 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is 19.56%.

AMETEK Profile

(Free Report)

AMETEK, Inc manufactures and sells electronic instruments and electromechanical devices in the North America, Europe, Asia, and South America, and internationally. The company's EIG segment offers advanced instruments for the process, aerospace, power, and industrial markets; process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries; instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets; power quality monitoring and c devices, uninterruptible power supplies, programmable power and electromagnetic compatibility test equipment, and sensors for gas turbines and dashboard instruments; heavy trucks, instrumentation, and controls for the food and beverage industries; and aircraft and engine sensors, power supplies, embedded computing, monitoring, fuel and fluid measurement, and data acquisition systems for aerospace and defense industry.

See Also

Want to see what other hedge funds are holding AME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMETEK, Inc. (NYSE:AMEFree Report).

Institutional Ownership by Quarter for AMETEK (NYSE:AME)

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