Shares of AMETEK, Inc. (NYSE:AME – Get Free Report) have been assigned a consensus 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 rating, thirteen have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $274.41.
Several brokerages recently weighed in on AME. Truist Financial raised their price target on shares of AMETEK from $303.00 to $316.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. DA Davidson set a $285.00 price objective on shares of AMETEK in a report on Wednesday, October 7th. Weiss Ratings raised AMETEK from a “buy (b)” rating to a “buy (b+)” rating in a research report on Thursday, October 8th. Robert W. Baird upped their price objective on AMETEK from $275.00 to $280.00 and gave the company a “neutral” rating in a research report on Monday, October 5th. Finally, TD Cowen reiterated a “buy” rating on shares of AMETEK in a research note on Thursday, August 6th.
Get Our Latest Stock Analysis on AME
AMETEK Stock Performance
Shares of AME stock opened at $248.91 on Tuesday. AMETEK has a one year low of $182.87 and a one year high of $261.16. The company’s 50-day moving average is $244.67 and its 200 day moving average is $236.66. The company has a market capitalization of $57.05 billion, a price-to-earnings ratio of 36.39, a price-to-earnings-growth ratio of 2.34 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 – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.99 by $0.10. The business had revenue of $2.04 billion during 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%. AMETEK’s revenue was up 15.0% compared to the same quarter last year. During the same period last year, the business 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. Sell-side analysts expect that AMETEK will post 8.41 EPS for the current fiscal year.
AMETEK Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were given a dividend of $0.34 per share. 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 19.88%.
Insiders Place Their Bets
In other AMETEK 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 value 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.54% of the company’s stock.
Institutional Trading of AMETEK
A number of institutional investors have recently made changes to their positions in AME. Frazier Financial Advisors LLC purchased a new stake in AMETEK during the 2nd quarter valued at $25,000. Fiduciary Financial Advisors purchased a new position in shares of AMETEK in the 2nd quarter worth $27,000. MV Capital Management Inc. purchased a new position in shares of AMETEK in the 4th quarter worth $28,000. Brown Lisle Cummings Inc. grew its holdings in shares of AMETEK by 878.6% in the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after acquiring an additional 123 shares during the period. Finally, SJS Investment Consulting Inc. increased its position in AMETEK by 393.1% during the first quarter. SJS Investment Consulting Inc. now owns 143 shares of the technology company’s stock valued at $31,000 after acquiring an additional 114 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.
About AMETEK
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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