AMETEK (NYSE:AME) Posts Quarterly Earnings Results

AMETEK (NYSE:AME) announced its quarterly earnings results on Tuesday. The technology company reported $2.09 EPS for the quarter, beating the consensus estimate of $1.99 by $0.10, Zacks reports. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The firm had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same quarter last year, the firm posted $1.78 earnings per share. The business’s revenue for the quarter was up 15.0% on a year-over-year basis. AMETEK updated its Q3 2026 guidance to 2.080-2.100 EPS and its FY 2026 guidance to 8.200-8.300 EPS.

Here are the key takeaways from AMETEK’s conference call:

• AMETEK raised its 2026 outlook, now expecting sales to grow approximately 10% and adjusted diluted EPS of $8.20–$8.30, up 10%–12% year over year. Third-quarter EPS guidance is $2.08–$2.10.
• Second-quarter performance was strong, with record sales of $2.04 billion, up 15%, organic sales growth of 10%, and adjusted EPS of $2.09, ahead of guidance. Organic orders rose 25%, producing a record $4.11 billion backlog and a 1.12 book-to-bill ratio.
• Core operating margins expanded 110 basis points to 27.1%, led by a 290-basis-point improvement in the Electromechanical Group, while free cash flow increased 37% to $452 million with 111% conversion. Management cited productivity, positive pricing, and strong operating execution as key contributors.
• Management sees durable, broad-based demand from semiconductor and AI infrastructure, power-grid expansion, aerospace and defense modernization, med tech, and automation. AMETEK also expects to close its approximately $5 billion Indicor Instrumentation acquisition in the second half of 2026 and identified additional cost-synergy opportunities.

AMETEK Trading Up 0.3%

AME stock opened at $254.69 on Thursday. The firm has a market cap of $58.37 billion, a P/E ratio of 37.23, a PEG ratio of 3.50 and a beta of 0.98. The company’s 50-day simple moving average is $235.01 and its 200-day simple moving average is $229.47. AMETEK has a 52-week low of $179.24 and a 52-week high of $257.95. The company has a quick ratio of 0.72, a current ratio of 1.21 and a debt-to-equity ratio of 0.09.

Analysts Set New Price Targets

AME has been the subject of several research reports. Royal Bank Of Canada upped their price target on shares of AMETEK from $260.00 to $291.00 and gave the stock an “outperform” rating in a research report on Wednesday. BNP Paribas Exane increased their target price on AMETEK from $270.00 to $280.00 and gave the company an “outperform” rating in a research report on Wednesday. Seaport Research Partners reissued a “buy” rating and issued a $290.00 price target on shares of AMETEK in a research report on Wednesday. Wall Street Zen downgraded AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Finally, Weiss Ratings downgraded shares of AMETEK from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $265.93.

More AMETEK News

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: Quarterly results exceeded expectations: AMETEK reported second-quarter EPS of $2.09, up from $1.78 a year ago and above the $1.99 consensus estimate. Revenue increased 15% year over year to $2.04 billion, surpassing the $1.95 billion forecast, supported by stronger sales in its Electronic Instruments Group and Electromechanical Group. AMETEK Q2 Earnings Surpass Expectations, Revenues Rise Year Over Year
• Positive Sentiment: Guidance was raised above consensus: Management set third-quarter 2026 EPS guidance at $2.08-$2.10, compared with the $2.04 analyst estimate, and full-year guidance at $8.20-$8.30 versus $8.14 consensus. The improved outlook reinforces expectations for continued earnings growth. AMETEK Earnings Report
• Positive Sentiment: Analysts increased their price targets: DA Davidson raised its target from $265 to $285 and assigned a “buy” rating, while BNP Paribas Exane lifted its target from $270 to $280 and upgraded the stock to “outperform.” The revisions indicate stronger confidence in AMETEK’s growth prospects and helped support the move to a new 12-month high. AMETEK Reaches New 12-Month High Following Analyst Upgrade
• Neutral Sentiment: AMETEK also introduced the Grabner Vision Pro Series, a next-generation fuel-analysis product. The launch expands the company’s instrumentation portfolio, although its near-term financial impact is not yet clear. AMETEK Introduces Grabner Vision Pro Series

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Sivia Capital Partners LLC acquired a new stake in AMETEK during the 2nd quarter worth approximately $295,000. J. Goldman & Co LP acquired a new position in AMETEK in the 4th quarter valued at $202,000. Virtus Advisers LLC purchased a new stake in shares of AMETEK in the fourth quarter valued at about $210,000. Intesa Sanpaolo Wealth Management acquired a new stake in AMETEK in the fourth quarter valued at about $212,000. Finally, Zions Bancorporation National Association UT increased its position in AMETEK by 113.7% during the 4th quarter. Zions Bancorporation National Association UT now owns 934 shares of the technology company’s stock worth $192,000 after purchasing an additional 497 shares during the period. Institutional investors and hedge funds 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.