California State Teachers Retirement System Increases Stock Holdings in AMETEK, Inc. $AME

Key Points

• California State Teachers Retirement System increased its AMETEK stake by 22,187% to 86.4 million shares, representing approximately 37.7% of the company. Institutional investors collectively own 87.43% of AMETEK.
• AMETEK reported quarterly EPS of $2.09, exceeding estimates of $1.99, while revenue rose 15% year over year to $2.04 billion. The company issued third-quarter 2026 EPS guidance of $2.08–$2.10 and full-year guidance of $8.20–$8.30.
• Analysts maintain a generally positive view, with a consensus “Moderate Buy” rating and an average price target of $266.80 versus the stock’s $237.80 opening price. AMETEK also declared a $0.34 quarterly dividend, yielding 0.6% annually.

California State Teachers Retirement System grew its stake in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 22,187.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 86,405,968 shares of the technology company's stock after purchasing an additional 86,018,272 shares during the quarter. California State Teachers Retirement System owned approximately 37.70% of AMETEK worth $20,905,060,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. BlackRock Inc. purchased a new position in shares of AMETEK during the second quarter worth about $4,725,928,000. State Street Corp raised its position in AMETEK by 2.0% in the 4th quarter. State Street Corp now owns 9,956,361 shares of the technology company's stock valued at $2,044,140,000 after purchasing an additional 192,677 shares during the last quarter. Geode Capital Management LLC raised its position in AMETEK by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 5,891,236 shares of the technology company's stock valued at $1,204,722,000 after purchasing an additional 37,651 shares during the last quarter. Invesco Ltd. boosted its stake in AMETEK by 4.9% during the 3rd quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company's stock worth $839,141,000 after purchasing an additional 209,043 shares during the period. Finally, Norges Bank purchased a new position in AMETEK during the 4th quarter worth $831,372,000. Hedge funds and other institutional investors own 87.43% of the company's stock.

Analyst Ratings Changes

A number of research firms have commented on AME. Royal Bank Of Canada lifted their price objective on shares of AMETEK from $260.00 to $291.00 and gave the company an "outperform" rating in a research note on Wednesday, August 5th. Rothschild & Co Redburn set a $265.00 price target on AMETEK in a report on Thursday, June 18th. Truist Financial boosted their price target on AMETEK from $303.00 to $316.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Weiss Ratings raised AMETEK from a "buy (b-)" rating to a "buy (b)" rating in a research note on Tuesday, August 11th. Finally, Seaport Research Partners reiterated a "buy" rating and issued a $290.00 target price on shares of AMETEK in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $266.80.

Insiders Place Their Bets

In related news, insider David Hermance sold 6,608 shares of the company's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $254.00, for a total transaction of $1,678,432.00. Following the transaction, the insider owned 42,509 shares of the company's stock, valued at $10,797,286. This represents a 13.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.54% of the stock is owned by corporate insiders.

AMETEK Stock Up 0.0%

Shares of NYSE:AME opened at $237.80 on Tuesday. AMETEK, Inc. has a fifty-two week low of $179.24 and a fifty-two week high of $261.16. The company has a quick ratio of 0.76, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. The firm's 50-day simple moving average is $241.37 and its 200-day simple moving average is $232.55. The company has a market cap of $54.50 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 3.04 and a beta of 0.99.

AMETEK (NYSE:AME - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.99 by $0.10. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The firm had revenue of $2.04 billion during the quarter, compared to analysts' expectations of $1.95 billion. During the same period in the prior year, the company posted $1.78 earnings per share. The firm's revenue for the quarter was up 15.0% on a year-over-year basis. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. As a group, equities research analysts predict that AMETEK, Inc. will post 8.32 earnings per share for the current year.

AMETEK Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $0.34 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK's payout ratio is 19.88%.

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.

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