State of New Jersey Common Pension Fund D Acquires 3,927 Shares of AMETEK, Inc. $AME

State of New Jersey Common Pension Fund D grew its holdings in AMETEK, Inc. (NYSE:AME) by 5.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 80,775 shares of the technology company’s stock after purchasing an additional 3,927 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in AMETEK were worth $15,186,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. HighTower Advisors LLC grew its holdings in AMETEK by 1.7% during the 3rd quarter. HighTower Advisors LLC now owns 54,244 shares of the technology company’s stock worth $10,198,000 after acquiring an additional 900 shares during the last quarter. Aberdeen Group plc grew its stake in shares of AMETEK by 4.6% during the third quarter. Aberdeen Group plc now owns 231,553 shares of the technology company’s stock valued at $43,270,000 after purchasing an additional 10,120 shares during the last quarter. Ameritas Advisory Services LLC increased its holdings in shares of AMETEK by 80.7% in the third quarter. Ameritas Advisory Services LLC now owns 732 shares of the technology company’s stock valued at $138,000 after purchasing an additional 327 shares in the last quarter. Public Sector Pension Investment Board raised its position in AMETEK by 14.2% in the 3rd quarter. Public Sector Pension Investment Board now owns 20,096 shares of the technology company’s stock worth $3,778,000 after purchasing an additional 2,497 shares during the last quarter. Finally, ICW Investment Advisors LLC lifted its holdings in AMETEK by 5.4% during the 3rd quarter. ICW Investment Advisors LLC now owns 7,780 shares of the technology company’s stock worth $1,463,000 after buying an additional 396 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AME has been the subject of several research reports. Robert W. Baird set a $245.00 target price on AMETEK in a research note on Thursday, February 5th. Truist Financial set a $265.00 price objective on AMETEK in a research report on Wednesday, February 4th. Wall Street Zen lowered shares of AMETEK from a “buy” rating to a “hold” rating in a research note on Saturday. Mizuho set a $235.00 price target on shares of AMETEK in a research note on Wednesday, February 4th. Finally, Morgan Stanley increased their price objective on shares of AMETEK from $198.00 to $215.00 and gave the company an “equal weight” rating in a report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued 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 $243.00.

Insider Buying and Selling

In other AMETEK news, VP Thomas M. Montgomery sold 6,388 shares of the business’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $205.05, for a total value of $1,309,859.40. Following the completion of the transaction, the vice president directly owned 22,116 shares of the company’s stock, valued at approximately $4,534,885.80. The trade was a 22.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Thomas C. Marecic sold 14,310 shares of the stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $202.11, for a total value of $2,892,194.10. Following the completion of the sale, the insider owned 42,589 shares of the company’s stock, valued at $8,607,662.79. This trade represents a 25.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 137,088 shares of company stock valued at $27,212,340. 0.57% of the stock is owned by company insiders.

AMETEK Stock Performance

Shares of AME stock opened at $229.76 on Tuesday. The stock has a market cap of $52.89 billion, a PE ratio of 35.90, a price-to-earnings-growth ratio of 3.28 and a beta of 1.03. The stock has a 50-day moving average of $215.00 and a 200-day moving average of $198.08. 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 one year low of $145.02 and a one year high of $239.94.

AMETEK (NYSE:AME) last issued its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.94 by $0.07. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The firm had revenue of $2 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same quarter in the previous year, the company earned $1.87 earnings per share. The business’s revenue for the quarter was up 13.4% on a year-over-year basis. 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 expect that AMETEK, Inc. will post 7.15 earnings per share for the current year.

AMETEK Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be given a $0.34 dividend. The ex-dividend date is Monday, March 16th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. This is an increase from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s dividend payout ratio is currently 19.38%.

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.