AMETEK, Inc. (NYSE:AME) Receives $243.00 Average Target Price from Analysts

AMETEK, Inc. (NYSE:AMEGet Free Report) has received an average recommendation of “Moderate Buy” from the thirteen analysts that are covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $243.00.

AME has been the topic of several research reports. TD Cowen reaffirmed a “buy” rating on shares of AMETEK in a research report on Tuesday, February 3rd. Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a report on Wednesday, January 21st. DA Davidson reiterated a “buy” rating and set a $240.00 price objective on shares of AMETEK in a report on Wednesday, February 4th. Royal Bank Of Canada restated an “outperform” rating and issued a $257.00 target price on shares of AMETEK in a research note on Wednesday, February 4th. Finally, KeyCorp upped their price target on AMETEK from $235.00 to $260.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th.

Read Our Latest Stock Report on AME

Insiders Place Their Bets

In related news, insider Thomas C. Marecic sold 14,310 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the completion of the transaction, the insider directly owned 42,589 shares of the company’s stock, valued at approximately $8,607,662.79. This represents a 25.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO David A. Zapico sold 28,390 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was 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 have sold 49,088 shares of company stock valued at $9,930,020 in the last three months. 0.57% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On AMETEK

Several hedge funds and other institutional investors have recently made changes to their positions in AME. KBC Group NV increased its holdings in shares of AMETEK by 3.2% in the second quarter. KBC Group NV now owns 289,634 shares of the technology company’s stock valued at $52,412,000 after purchasing an additional 9,063 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of AMETEK by 4.9% during the 3rd quarter. Principal Financial Group Inc. now owns 2,043,029 shares of the technology company’s stock worth $384,096,000 after buying an additional 94,645 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of AMETEK by 22.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 37,853 shares of the technology company’s stock worth $7,116,000 after buying an additional 6,911 shares during the period. Nordea Investment Management AB grew its stake in AMETEK by 246.0% in the 3rd quarter. Nordea Investment Management AB now owns 92,175 shares of the technology company’s stock valued at $17,344,000 after buying an additional 65,537 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA bought a new position in AMETEK in the 3rd quarter valued at about $118,311,000. 87.43% of the stock is owned by institutional investors.

AMETEK Price Performance

Shares of NYSE:AME opened at $234.81 on Monday. The stock has a market capitalization of $53.77 billion, a P/E ratio of 36.69, a P/E/G ratio of 3.36 and a beta of 1.02. The business has a 50-day moving average of $222.74 and a two-hundred day moving average of $202.30. AMETEK has a fifty-two week low of $145.02 and a fifty-two week high of $242.05. 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 (NYSE:AMEGet Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.07. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The business had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same period last year, the business earned $1.87 EPS. The firm’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. On average, equities research analysts predict that AMETEK will post 7.15 EPS for the current fiscal year.

AMETEK Increases Dividend

The firm also recently announced 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. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. This is an increase from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Monday, March 16th. AMETEK’s payout ratio is 19.38%.

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.

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Analyst Recommendations for AMETEK (NYSE:AME)

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