Brokerages Set AMETEK, Inc. (NYSE:AME) PT at $266.80

Shares of AMETEK, Inc. (NYSE:AMEGet Free Report) have received an average recommendation of “Moderate Buy” from the sixteen ratings firms that are presently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $266.80.

A number of research analysts recently issued reports on the stock. Weiss Ratings raised shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th. Citigroup upped their target price on AMETEK from $257.00 to $261.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. TD Cowen reiterated a “buy” rating on shares of AMETEK in a research note on Thursday, August 6th. Royal Bank Of Canada boosted their price target on AMETEK from $260.00 to $291.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Finally, Mizuho set a $270.00 price objective on AMETEK in a research note on Friday, May 1st.

Get Our Latest Stock Report on AMETEK

Insider Activity

In related news, insider David F. Hermance sold 6,608 shares of AMETEK stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $254.00, for a total transaction of $1,678,432.00. Following the sale, the insider directly owned 42,509 shares of the company’s stock, valued at approximately $10,797,286. The trade was a 13.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.54% of the company’s stock.

Institutional Trading of AMETEK

A number of hedge funds and other institutional investors have recently modified their holdings of AME. California State Teachers Retirement System lifted its stake in shares of AMETEK by 22,187.0% in the 2nd quarter. California State Teachers Retirement System now owns 86,405,968 shares of the technology company’s stock valued at $20,905,060,000 after acquiring an additional 86,018,272 shares during the last quarter. BlackRock Inc. acquired a new position in AMETEK in the 2nd quarter worth about $4,725,928,000. State Street Corp raised its position in AMETEK by 2.0% in the fourth quarter. State Street Corp now owns 9,956,361 shares of the technology company’s stock valued at $2,044,140,000 after purchasing an additional 192,677 shares during the last quarter. Geode Capital Management LLC raised its position in AMETEK by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 5,891,236 shares of the technology company’s stock valued at $1,204,722,000 after purchasing an additional 37,651 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in shares of AMETEK by 4.9% during the third quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock valued at $839,141,000 after purchasing an additional 209,043 shares in the last quarter. Institutional investors own 87.43% of the company’s stock.

AMETEK Trading Up 1.5%

AME opened at $245.47 on Monday. AMETEK has a twelve month low of $179.24 and a twelve month high of $261.16. The company has a 50-day simple moving average of $241.62 and a 200 day simple moving average of $232.32. The company has a quick ratio of 0.76, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $56.26 billion, a price-to-earnings ratio of 35.89, a P/E/G ratio of 3.09 and a beta of 0.98.

AMETEK (NYSE:AMEGet Free Report) last released its earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, beating the consensus estimate of $1.99 by $0.10. The firm had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The business’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same period last year, the firm earned $1.78 EPS. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. Analysts predict that AMETEK will post 8.33 EPS for the current fiscal year.

AMETEK Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a $0.34 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s dividend payout ratio is 19.88%.

AMETEK Company Profile

(Get Free Report)

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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Analyst Recommendations for AMETEK (NYSE:AME)

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