AMETEK (NYSE:AME – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 8.200-8.300 for the period, compared to the consensus earnings per share estimate of 8.140. The company issued revenue guidance of -, compared to the consensus revenue estimate of $8.0 billion. AMETEK also updated its Q3 2026 guidance to 2.080-2.100 EPS.
AMETEK Trading Up 1.8%
Shares of AME traded up $4.49 during trading hours on Tuesday, reaching $248.26. 943,965 shares of the company traded hands, compared to its average volume of 1,274,579. The firm has a market cap of $56.90 billion, a price-to-earnings ratio of 37.51, a PEG ratio of 3.39 and a beta of 0.98. AMETEK has a 12-month low of $179.24 and a 12-month high of $257.40. The stock’s fifty day moving average price is $233.95 and its 200 day moving average price is $228.88. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10.
AMETEK (NYSE:AME – Get Free Report) last issued its earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, topping analysts’ consensus estimates of $1.99 by $0.10. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The business had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same period in the prior year, the firm earned $1.78 EPS. The company’s revenue for the quarter was up 15.0% compared to the same quarter last year. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. Sell-side analysts forecast that AMETEK will post 8.14 earnings per share for the current year.
AMETEK Announces Dividend
Analyst Ratings Changes
A number of research firms recently weighed in on AME. Citigroup assumed coverage on shares of AMETEK in a research note on Monday, June 15th. They issued a “neutral” rating and a $257.00 price objective for the company. Truist Financial increased their price objective on shares of AMETEK from $275.00 to $303.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Morgan Stanley upped their target price on AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a report on Friday, July 10th. DA Davidson reiterated a “buy” rating and issued a $265.00 price target on shares of AMETEK in a report on Monday, May 4th. Finally, Rothschild & Co Redburn set a $265.00 price objective on AMETEK in a research note on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, AMETEK has a consensus rating of “Moderate Buy” and a consensus target price of $256.29.
Read Our Latest Research Report on AME
AMETEK News Summary
Here are the key news stories impacting AMETEK this week:
- Positive Sentiment: AMETEK reported second-quarter earnings of $2.09 per share, surpassing the $1.99 consensus estimate and increasing from $1.78 a year earlier. Revenue reached $2.04 billion, above the $1.95 billion estimate and up 15% year over year. Ametek Tops Q2 Earnings and Revenue Estimates
- Positive Sentiment: The company described the quarter as a record period, with a 20.11% net margin and 16.63% return on equity, supporting the view that operating performance remains strong. AMETEK Announces Record Second Quarter 2026 Results
- Positive Sentiment: AMETEK raised its full-year 2026 EPS guidance to $8.20-$8.30, above the $8.14 consensus estimate. Third-quarter guidance of $2.08-$2.10 also exceeds the $2.04 consensus, signaling continued earnings momentum. AMETEK Raises Full Year Guidance
- Neutral Sentiment: Analyst estimates currently call for approximately $8.14 in full-year EPS, but the company’s new guidance is modestly above that forecast; investors will likely focus on whether future results continue to justify AMETEK’s premium valuation.
Hedge Funds Weigh In On AMETEK
Institutional investors have recently modified their holdings of the stock. Wellington Management Group LLP grew its stake in AMETEK by 302.9% during the 4th quarter. Wellington Management Group LLP now owns 2,807,664 shares of the technology company’s stock valued at $576,441,000 after purchasing an additional 2,110,818 shares in the last quarter. Lazard Asset Management LLC raised its position in shares of AMETEK by 35.7% in the 3rd quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock valued at $497,444,000 after purchasing an additional 695,419 shares in the last quarter. Man Group plc boosted its stake in shares of AMETEK by 411.8% during the 3rd quarter. Man Group plc now owns 785,020 shares of the technology company’s stock valued at $147,584,000 after buying an additional 631,649 shares during the last quarter. AQR Capital Management LLC grew its position in shares of AMETEK by 343.5% during the second quarter. AQR Capital Management LLC now owns 656,112 shares of the technology company’s stock worth $118,349,000 after buying an additional 508,164 shares in the last quarter. Finally, Millennium Management LLC increased its stake in shares of AMETEK by 109.3% in the third quarter. Millennium Management LLC now owns 845,346 shares of the technology company’s stock worth $158,925,000 after buying an additional 441,365 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.
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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