Teacher Retirement System of Texas Boosts Stock Holdings in AMETEK, Inc. $AME

Teacher Retirement System of Texas lifted its stake in shares of AMETEK, Inc. (NYSE:AME - Free Report) by 8.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 209,775 shares of the technology company's stock after acquiring an additional 16,380 shares during the quarter. Teacher Retirement System of Texas owned 0.09% of AMETEK worth $43,069,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Fort Washington Investment Advisors Inc. OH increased its position in shares of AMETEK by 2.9% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 1,816 shares of the technology company's stock worth $373,000 after acquiring an additional 51 shares during the period. Parallel Advisors LLC increased its position in shares of AMETEK by 2.0% during the third quarter. Parallel Advisors LLC now owns 2,766 shares of the technology company's stock worth $520,000 after acquiring an additional 53 shares during the period. Biltmore Wealth Management LLC increased its position in shares of AMETEK by 1.1% during the third quarter. Biltmore Wealth Management LLC now owns 4,771 shares of the technology company's stock worth $897,000 after acquiring an additional 54 shares during the period. Brooklyn Investment Group increased its position in shares of AMETEK by 3.2% during the third quarter. Brooklyn Investment Group now owns 1,735 shares of the technology company's stock worth $326,000 after acquiring an additional 54 shares during the period. Finally, Cim LLC increased its position in shares of AMETEK by 0.7% during the third quarter. Cim LLC now owns 7,645 shares of the technology company's stock worth $1,437,000 after acquiring an additional 56 shares during the period. Hedge funds and other institutional investors own 87.43% of the company's stock.

Insiders Place Their Bets

In other AMETEK news, Director Thomas A. Amato sold 530 shares of the business's stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total value of $114,893.40. Following the completion of the sale, the director owned 4,480 shares in the company, valued at approximately $971,174.40. The trade was a 10.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.54% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Wall Street Zen lowered AMETEK from a "buy" rating to a "hold" rating in a research report on Saturday, April 11th. Barclays lifted their price objective on shares of AMETEK from $210.00 to $220.00 and gave the stock an "equal weight" rating in a research report on Wednesday, February 4th. Melius Research set a $235.00 price objective on shares of AMETEK in a research report on Monday, January 5th. BMO Capital Markets began coverage on shares of AMETEK in a research report on Friday, March 27th. They set an "outperform" rating and a $253.00 price objective for the company. Finally, Truist Financial set a $265.00 price objective on shares of AMETEK in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, AMETEK presently has a consensus rating of "Moderate Buy" and a consensus price target of $244.67.

AMETEK Price Performance

Shares of AME opened at $235.15 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 0.67. AMETEK, Inc. has a 1-year low of $162.19 and a 1-year high of $242.05. The stock has a market cap of $53.87 billion, a PE ratio of 36.74, a price-to-earnings-growth ratio of 3.31 and a beta of 1.04. The firm has a fifty day moving average price of $225.55 and a 200 day moving average price of $211.08.

AMETEK (NYSE:AME - Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.07. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The company had revenue of $2 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same quarter last year, the company posted $1.87 earnings per share. The business's quarterly revenue was up 13.4% compared to the same quarter last year. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. As a group, sell-side analysts anticipate that AMETEK, Inc. will post 8.04 EPS for the current year.

AMETEK Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 0.6%. This is a positive change from AMETEK's previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Monday, March 16th. AMETEK's dividend payout ratio is presently 21.25%.

AMETEK Company 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.

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