Robert W. Baird Issues Positive Forecast for AMETEK (NYSE:AME) Stock Price

AMETEK (NYSE:AME – Free Report) had its price target hoisted by Robert W. Baird from $275.00 to $280.00 in a research note issued to investors on Monday,Benzinga reports. Robert W. Baird currently has a neutral rating on the technology company’s stock.

Other equities research analysts have also recently issued reports about the company. DA Davidson increased their target price on AMETEK from $265.00 to $285.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Royal Bank Of Canada boosted their price objective on AMETEK from $260.00 to $291.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Rothschild & Co Redburn set a $265.00 price objective on AMETEK in a research note on Thursday, June 18th. BNP Paribas Exane raised their target price on shares of AMETEK from $280.00 to $290.00 and gave the stock an “outperform” rating in a report on Friday, September 11th. Finally, Citigroup lifted their target price on shares of AMETEK from $257.00 to $261.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, AMETEK has a consensus rating of “Moderate Buy” and a consensus target price of $267.00.

Read Our Latest Analysis on AMETEK

AMETEK Stock Performance

AMETEK stock opened at $252.53 on Monday. The firm has a fifty day simple moving average of $244.05 and a two-hundred day simple moving average of $234.58. The company has a quick ratio of 0.76, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. AMETEK has a twelve month low of $179.24 and a twelve month high of $261.16. The company has a market capitalization of $57.88 billion, a PE ratio of 36.92, a P/E/G ratio of 2.38 and a beta of 0.96.

AMETEK (NYSE:AME – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.99 by $0.10. The firm had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The company’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same period last year, the firm 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. Research analysts expect that AMETEK will post 8.42 EPS for the current year.

AMETEK Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given 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 is currently 19.88%.

Insider Activity at AMETEK

In other news, insider David Hermance sold 6,608 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $254.00, for a total value of $1,678,432.00. Following the completion of the transaction, the insider owned 42,509 shares in the company, valued at $10,797,286. This trade represents a 13.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.54% of the stock is currently owned by insiders.

Institutional Investors Weigh In On AMETEK

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AME. Neville Rodie & Shaw Inc. lifted its position in AMETEK by 9.6% during the third quarter. Neville Rodie & Shaw Inc. now owns 18,210 shares of the technology company’s stock valued at $4,696,000 after buying an additional 1,600 shares during the period. Baker Tilly Wealth Management LLC boosted its holdings in shares of AMETEK by 152.7% during the 3rd quarter. Baker Tilly Wealth Management LLC now owns 4,050 shares of the technology company’s stock valued at $1,003,000 after buying an additional 2,447 shares in the last quarter. Ferguson Wellman Capital Management Inc. grew its position in shares of AMETEK by 139.8% in the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 29,934 shares of the technology company’s stock worth $7,416,000 after buying an additional 17,452 shares during the period. MassMutual Private Wealth & Trust FSB grew its position in shares of AMETEK by 450.1% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 6,612 shares of the technology company’s stock worth $1,638,000 after buying an additional 5,410 shares during the period. Finally, Miller Global Investments LLC bought a new position in shares of AMETEK in the 3rd quarter worth about $92,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Company Profile

(Get Free Report)

AMETEK, Inc (NYSE: AME) is a global manufacturer of industrial technology products. The company develops and produces electronic instruments and electromechanical devices used in process, industrial, aerospace, power, energy, and other specialized markets.

AMETEK’s Electronic Instruments segment supplies products such as process and analytical instruments, measurement and testing equipment, power-quality monitoring systems, automation and control solutions, and equipment for aerospace and defense applications.

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Analyst Recommendations for AMETEK (NYSE:AME)

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