AMETEK (NYSE:AME) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of AMETEK (NYSE:AMEFree Report) from a hold rating to a buy rating in a research report released on Sunday.

AME has been the topic of several other research reports. Mizuho set a $235.00 target price on shares of AMETEK in a research note on Wednesday, February 4th. Oppenheimer downgraded shares of AMETEK from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 27th. DA Davidson reaffirmed a “buy” rating and issued a $240.00 target price on shares of AMETEK in a research report on Wednesday, February 4th. Morgan Stanley boosted their target price on shares of AMETEK from $198.00 to $215.00 and gave the company an “equal weight” rating in a research note on Monday, January 12th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on AMETEK in a research note on Wednesday, January 21st. They issued a “buy” rating and a $271.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, AMETEK presently has a consensus rating of “Moderate Buy” and an average target price of $243.00.

Get Our Latest Analysis on AME

AMETEK Trading Up 2.2%

NYSE AME opened at $236.59 on Friday. AMETEK has a 12 month low of $145.02 and a 12 month high of $239.94. The company has a current ratio of 1.06, a quick ratio of 0.67 and a debt-to-equity ratio of 0.10. The stock’s fifty day moving average price is $218.89 and its 200-day moving average price is $200.20. The stock has a market cap of $54.18 billion, a P/E ratio of 36.97, a P/E/G ratio of 3.31 and a beta of 1.03.

AMETEK (NYSE:AMEGet Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, topping 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 company had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same quarter in the previous year, the business posted $1.87 EPS. AMETEK’s 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, equities analysts forecast that AMETEK will post 7.15 EPS for the current fiscal year.

AMETEK Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, March 16th. This is a positive change from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s dividend payout ratio (DPR) is 19.38%.

Insiders Place Their Bets

In other AMETEK news, VP Thomas M. Montgomery sold 6,388 shares of the stock in a transaction on 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 sale, the vice president owned 22,116 shares in the company, valued at approximately $4,534,885.80. This represents a 22.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO David A. Zapico sold 28,390 shares of the business’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $201.76, for a total value of $5,727,966.40. The SEC filing for this sale provides additional information. Insiders sold a total of 49,088 shares of company stock worth $9,930,020 over the last three months. 0.57% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On AMETEK

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. DGS Capital Management LLC increased its stake in AMETEK by 5.2% during the fourth quarter. DGS Capital Management LLC now owns 2,357 shares of the technology company’s stock worth $484,000 after acquiring an additional 117 shares during the last quarter. MV Capital Management Inc. bought a new position in shares of AMETEK during the 4th quarter valued at approximately $28,000. Compound Planning Inc. increased its position in shares of AMETEK by 16.8% during the 4th quarter. Compound Planning Inc. now owns 2,236 shares of the technology company’s stock valued at $459,000 after purchasing an additional 321 shares during the last quarter. Torrey Payne Wealth Management LLC bought a new stake in AMETEK in the fourth quarter worth $220,000. Finally, First Growth Capital LLC purchased a new position in AMETEK during the fourth quarter worth $541,000. 87.43% of the stock is owned by institutional investors.

AMETEK Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for AMETEK (NYSE:AME)

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