AMETEK, Inc. (NYSE:AME) Stock Rated “Moderate Buy” by Wall Street Analysts

AMETEK, Inc. (NYSE:AME) has received an average rating of “Moderate Buy” from the nineteen analysts that are currently covering the company, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation, thirteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $274.41.

A number of research analysts have weighed in on AME shares. Royal Bank Of Canada lifted their target price on AMETEK from $260.00 to $291.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. TD Cowen restated a “buy” rating on shares of AMETEK in a research report on Thursday, August 6th. Vertical Research started coverage on shares of AMETEK in a research note on Tuesday, September 8th. They set a “buy” rating and a $255.00 price objective for the company. KeyCorp upped their target price on shares of AMETEK from $260.00 to $295.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Finally, Zacks Research upgraded shares of AMETEK from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 6th.

AMETEK Stock Down 0.3%

AME stock opened at $247.46 on Tuesday. The stock has a fifty day moving average of $244.44 and a 200-day moving average of $237.17. AMETEK has a fifty-two week low of $182.87 and a fifty-two week high of $261.16. The company has a market capitalization of $56.72 billion, a price-to-earnings ratio of 36.18, a PEG ratio of 2.35 and a beta of 0.96. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21.

AMETEK (NYSE:AME) last posted its earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, topping the consensus estimate of $1.99 by $0.10. The firm had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The company’s revenue was up 15.0% on a year-over-year basis. During the same quarter last year, the company earned $1.78 earnings per share. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. As a group, equities research analysts predict that AMETEK will post 8.41 earnings per share for the current year.

AMETEK Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a $0.34 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.5%. AMETEK’s dividend payout ratio (DPR) is presently 19.88%.

Insider Activity

In other news, insider David Hermance sold 6,608 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $254.00, for a total transaction of $1,678,432.00. Following the completion of the transaction, the insider owned 42,509 shares of the company’s stock, valued at approximately $10,797,286. The trade was a 13.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On AMETEK

Institutional investors and hedge funds have recently bought and sold shares of the stock. National Pension Service boosted its position in shares of AMETEK by 1.6% during the 2nd quarter. National Pension Service now owns 338,990 shares of the technology company’s stock worth $82,015,000 after acquiring an additional 5,382 shares in the last quarter. Fifth Third Bancorp boosted its holdings in shares of AMETEK by 1,060.3% in the 1st quarter. Fifth Third Bancorp now owns 82,948 shares of the technology company’s stock valued at $17,781,000 after buying an additional 75,799 shares in the last quarter. Groupe la Francaise raised its stake in AMETEK by 15.6% during the 2nd quarter. Groupe la Francaise now owns 154,326 shares of the technology company’s stock worth $37,361,000 after acquiring an additional 20,780 shares in the last quarter. QRG Capital Management Inc. boosted its stake in AMETEK by 1,002.4% in the second quarter. QRG Capital Management Inc. now owns 132,612 shares of the technology company’s stock valued at $32,084,000 after acquiring an additional 120,583 shares in the last quarter. Finally, Jennison Associates LLC grew its holdings in shares of AMETEK by 93.0% during the first quarter. Jennison Associates LLC now owns 256,693 shares of the technology company’s stock worth $55,025,000 after purchasing an additional 123,719 shares during the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

About AMETEK

AMETEK, Inc is a global manufacturer of industrial technology solutions. The company develops and produces advanced analytical, monitoring, testing, and measurement instruments, as well as engineered electromechanical products used in industrial, aerospace, defense, energy, medical, and other specialized markets.

AMETEK operates through two primary business groups: Electronic Instruments and Electromechanical. Its products include process and power monitoring systems, analytical instruments, automation and control technologies, aerospace and defense equipment, precision motion-control systems, motors, thermal-management solutions, engineered materials, and specialty metal products.

The company traces its roots to 1930 and has expanded through the development and acquisition of specialized technology businesses.