AMETEK (NYSE:AME) Announces Earnings Results, Beats Expectations By $0.07 EPS

AMETEK (NYSE:AME) released its earnings results on Thursday. The technology company reported $1.97 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.07, Zacks reports. The company had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.91 billion. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.AMETEK’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.75 EPS. AMETEK updated its FY 2026 guidance to 7.940-8.140 EPS and its Q2 2026 guidance to 1.960-2.000 EPS.

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

• AMETEK delivered an excellent Q1 — sales $1.93B (+11%), diluted EPS $1.97 (+13%), record EBITDA $620M, core operating margins up 160 bps, and free cash flow conversion of 107%.
• Orders were a standout with a record $2.2B (organic +22%) and a record backlog of $3.87 billion, driven broadly by defense, aerospace, automation, process, power, and semiconductor end markets.
• Management raised full‑year guidance: sales now expected up high single‑digits with organic mid‑single‑digit growth, and diluted EPS increased to $7.94–$8.14 (Q2 EPS guide $1.96–$2.00).
• AMETEK remains acquisition‑focused, signing to buy First Aviation Services (~$80M revenue) to expand defense MRO capabilities and asserting capacity to deploy over $5 billion while keeping an investment‑grade rating.
• Management flagged geopolitical uncertainty from the Middle East — direct exposure is small (~2% of sales) but there were some shipment disruptions and potential macro/energy spillover risks being monitored.

AMETEK Trading Up 3.6%

NYSE AME traded up $8.24 on Thursday, hitting $236.11. The company’s stock had a trading volume of 3,362,261 shares, compared to its average volume of 974,690. AMETEK has a 52-week low of $163.20 and a 52-week high of $242.05. 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 company’s 50-day simple moving average is $225.56 and its 200 day simple moving average is $212.81. The firm has a market cap of $54.09 billion, a P/E ratio of 36.89, a PEG ratio of 3.27 and a beta of 1.04.

AMETEK Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were issued a $0.34 dividend. This is an increase from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date was Monday, March 16th. This represents a $1.36 annualized dividend and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is 21.25%.

Insiders Place Their Bets

In other AMETEK news, Director Thomas A. Amato sold 530 shares of the stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total value of $114,893.40. Following the completion of the sale, the director owned 4,480 shares in the company, valued at approximately $971,174.40. This trade represents a 10.58% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On AMETEK

Several institutional investors and hedge funds have recently bought and sold shares of the business. Brooklyn Investment Group lifted its holdings in AMETEK by 3.2% in the 3rd quarter. Brooklyn Investment Group now owns 1,735 shares of the technology company’s stock worth $326,000 after buying an additional 54 shares during the period. Cim LLC lifted its holdings in AMETEK by 0.7% in the 3rd quarter. Cim LLC now owns 7,645 shares of the technology company’s stock worth $1,437,000 after buying an additional 56 shares during the period. Hohimer Wealth Management LLC lifted its holdings in AMETEK by 1.5% in the 4th quarter. Hohimer Wealth Management LLC now owns 4,327 shares of the technology company’s stock worth $888,000 after buying an additional 64 shares during the period. Transamerica Financial Advisors LLC lifted its holdings in AMETEK by 73.9% in the 4th quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock worth $31,000 after buying an additional 65 shares during the period. Finally, Sumitomo Life Insurance Co. lifted its holdings in AMETEK by 0.6% in the 4th quarter. Sumitomo Life Insurance Co. now owns 10,224 shares of the technology company’s stock worth $2,099,000 after buying an additional 66 shares during the period. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Key Stories Impacting AMETEK

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: Q1 results beat expectations: AMETEK reported $1.97 EPS vs. consensus ~ $1.90–$1.91 and revenue of $1.93B (up ~11% YoY), with strong margins and ROE — investors view this as confirmation of durable end‑market demand and execution. Ametek (AME) Q1 Earnings and Revenues Top Estimates
• Positive Sentiment: Company announced acquisition of First Aviation Services — a specialist in defense/aviation MRO and proprietary components — which broadens AMETEK’s mission‑critical services exposure and can add higher-margin recurring revenue. AMETEK Announces Agreement to Acquire First Aviation Services
• Positive Sentiment: Company press release calls the quarter “record” and says it raised full‑year guidance — a positive signal about management’s outlook and cash‑flow/earnings trajectory. AMETEK Announces Record First Quarter 2026 Results and Raises Full Year Guidance
• Neutral Sentiment: Management issued Q2 EPS guidance of $1.96–$2.00 and FY 2026 EPS guidance of $7.94–$8.14; the range broadly brackets analyst estimates but contains some dispersion — worth watching how guidance compares to upcoming analyst revisions.
• Neutral Sentiment: Analyst/industry commentary highlights AMETEK as a beneficiary of resilient demand for electronics-testing and industrial instruments, a tailwind that supports medium‑term growth expectations. 2 Electronics-Testing Stocks to Watch
• Neutral Sentiment: Seeking Alpha transcript and presentation from the earnings call are available for details on segment-level performance and margin drivers — useful for investors modeling forward earnings. Q1 2026 Earnings Call Transcript Q1 Presentation
• Negative Sentiment: Some media reports indicate AMETEK is in talks for larger, multibillion-dollar acquisitions; while strategic, large deals can pressure short‑term leverage or dilute near‑term returns and may introduce execution risk. Main Line company explores multibillion-dollar acquisition

Analyst Ratings Changes

A number of research firms recently weighed in on AME. DA Davidson restated a “buy” rating and issued a $240.00 target price on shares of AMETEK in a research report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft started coverage on AMETEK in a research report on Wednesday, January 21st. They issued a “buy” rating and a $271.00 target price for the company. Truist Financial set a $265.00 target price on AMETEK in a report on Wednesday, February 4th. Melius Research set a $235.00 target price on AMETEK in a report on Monday, January 5th. Finally, KeyCorp increased their target price on AMETEK from $235.00 to $260.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $244.67.

About AMETEK

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.