AMETEK, Inc. (NYSE:AME) Receives $252.33 Consensus Target Price from Brokerages

AMETEK, Inc. (NYSE:AME) has been assigned a consensus rating of “Moderate Buy” from the fourteen brokerages that are covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $252.3333.

A number of analysts have commented on AME shares. Royal Bank Of Canada upped their price objective on shares of AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft started coverage on shares of AMETEK in a research note on Wednesday, January 21st. They set a “buy” rating and a $271.00 price objective for the company. Wall Street Zen lowered shares of AMETEK from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Truist Financial reaffirmed a “buy” rating and set a $275.00 price objective (up from $265.00) on shares of AMETEK in a research note on Monday, May 4th. Finally, Robert W. Baird set a $244.00 price objective on shares of AMETEK in a research note on Friday, May 1st.

Insider Activity

In other news, Director Thomas A. Amato sold 530 shares of the stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total value of $114,893.40. Following the completion of the sale, the director directly owned 4,480 shares of the company’s stock, valued at $971,174.40. This represents a 10.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.54% of the stock is owned by company insiders.

Institutional Trading of AMETEK

A number of hedge funds have recently made changes to their positions in the stock. Florida Financial Advisors LLC lifted its position in shares of AMETEK by 2.2% in the fourth quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company’s stock worth $406,000 after purchasing an additional 43 shares in the last quarter. Plato Investment Management Ltd lifted its position in shares of AMETEK by 0.4% in the fourth quarter. Plato Investment Management Ltd now owns 10,751 shares of the technology company’s stock worth $2,218,000 after purchasing an additional 47 shares in the last quarter. Allegiance Financial Group Advisory Services LLC lifted its position in shares of AMETEK by 4.0% in the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 1,254 shares of the technology company’s stock worth $257,000 after purchasing an additional 48 shares in the last quarter. Washington Trust Advisors Inc. lifted its position in shares of AMETEK by 6.3% in the fourth quarter. Washington Trust Advisors Inc. now owns 850 shares of the technology company’s stock worth $175,000 after purchasing an additional 50 shares in the last quarter. Finally, Root Financial Partners LLC lifted its position in shares of AMETEK by 18.3% in the first quarter. Root Financial Partners LLC now owns 323 shares of the technology company’s stock worth $69,000 after purchasing an additional 50 shares in the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Price Performance

AME stock opened at $225.84 on Friday. 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 has a one year low of $174.43 and a one year high of $243.18. The firm has a market capitalization of $51.76 billion, a PE ratio of 34.11, a P/E/G ratio of 3.20 and a beta of 1.03. The firm has a 50-day moving average of $225.06 and a two-hundred day moving average of $216.44.

AMETEK (NYSE:AME) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The company had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.91 billion. During the same period in the prior year, the firm earned $1.75 earnings per share. The business’s quarterly revenue was up 11.3% on a year-over-year basis. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. On average, analysts forecast that AMETEK will post 8.13 earnings per share for the current year.

AMETEK Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, June 15th. AMETEK’s dividend payout ratio is 20.54%.

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.