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

TIAA Trust National Association decreased its stake in shares of AMETEK, Inc. (NYSE:AME) by 22.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,540 shares of the technology company’s stock after selling 5,990 shares during the period. TIAA Trust National Association’s holdings in AMETEK were worth $3,717,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Alps Advisors Inc. increased its position in AMETEK by 1.0% during the first quarter. Alps Advisors Inc. now owns 6,260 shares of the technology company’s stock worth $1,078,000 after buying an additional 60 shares in the last quarter. Buckhead Capital Management LLC increased its position in AMETEK by 0.3% during the first quarter. Buckhead Capital Management LLC now owns 22,830 shares of the technology company’s stock worth $3,930,000 after buying an additional 65 shares in the last quarter. Signaturefd LLC increased its position in AMETEK by 1.5% during the first quarter. Signaturefd LLC now owns 4,625 shares of the technology company’s stock worth $796,000 after buying an additional 67 shares in the last quarter. Signature Estate & Investment Advisors LLC increased its position in AMETEK by 3.9% during the first quarter. Signature Estate & Investment Advisors LLC now owns 1,784 shares of the technology company’s stock worth $307,000 after buying an additional 67 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC grew its position in shares of AMETEK by 57.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 194 shares of the technology company’s stock valued at $33,000 after purchasing an additional 71 shares during the period. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Insider Transactions at AMETEK

In other AMETEK news, insider Ronald J. Oscher sold 26,290 shares of the business’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $200.05, for a total transaction of $5,259,314.50. Following the completion of the sale, the insider owned 40,226 shares of the company’s stock, valued at approximately $8,047,211.30. The trade was a 39.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.57% of the company’s stock.

AMETEK Price Performance

AME stock opened at $198.50 on Tuesday. The stock has a 50-day moving average price of $186.99 and a two-hundred day moving average price of $181.18. 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 company has a market cap of $45.85 billion, a PE ratio of 31.97, a price-to-earnings-growth ratio of 2.64 and a beta of 1.11.

AMETEK (NYSE:AME) last posted its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.13. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The firm had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the previous year, the business earned $1.66 earnings per share. The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.320-7.370 EPS. As a group, research analysts predict that AMETEK, Inc. will post 7.15 EPS for the current year.

AMETEK Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Monday, September 15th. AMETEK’s payout ratio is 19.56%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on AME shares. Truist Financial upped their target price on AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Barclays upped their target price on AMETEK from $200.00 to $205.00 and gave the company an “equal weight” rating in a research note on Friday. Royal Bank Of Canada upped their target price on AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research note on Friday. KeyCorp upped their target price on AMETEK from $205.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of AMETEK in a research note on Wednesday, October 8th. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, AMETEK currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.00.

About AMETEK

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.