AMETEK, Inc. (NYSE:AME) Given Consensus Rating of “Moderate Buy” by Brokerages
by Danessa Lincoln · The Markets DailyShares of AMETEK, Inc. (NYSE:AME – Get Free Report) have earned a consensus rating of “Moderate Buy” from the sixteen research firms that are covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $266.80.
Several equities research analysts have recently issued reports on AME shares. Barclays boosted their price target on AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. KeyCorp lifted their target price on shares of AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Morgan Stanley increased their price target on shares of AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Friday, July 10th. Finally, Weiss Ratings upgraded shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 11th.
View Our Latest Analysis on AMETEK
Insider Buying and Selling at AMETEK
In other news, insider David F. Hermance sold 6,608 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $254.00, for a total transaction of $1,678,432.00. Following the completion of the sale, the insider owned 42,509 shares in the company, valued at approximately $10,797,286. This represents a 13.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.54% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On AMETEK
Institutional investors have recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of AMETEK by 6.2% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 487,238 shares of the technology company’s stock worth $101,901,000 after acquiring an additional 28,621 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new position in shares of AMETEK during the fourth quarter valued at $1,027,000. Wescott Financial Advisory Group LLC bought a new position in AMETEK during the 4th quarter valued at about $1,122,000. Fifth Third Bancorp boosted its holdings in shares of AMETEK by 1,060.3% in the 1st quarter. Fifth Third Bancorp now owns 82,948 shares of the technology company’s stock worth $17,781,000 after acquiring an additional 75,799 shares in the last quarter. Finally, Investment Management Corp VA ADV acquired a new position in AMETEK in the fourth quarter worth $496,000. Institutional investors own 87.43% of the company’s stock.
AMETEK Trading Up 0.2%
AMETEK stock opened at $236.66 on Monday. AMETEK has a 12 month low of $179.24 and a 12 month high of $261.16. 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 cap of $54.24 billion, a P/E ratio of 34.60, a P/E/G ratio of 3.02 and a beta of 0.98. The company’s fifty day simple moving average is $241.73 and its 200-day simple moving average is $232.42.
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, topping the consensus estimate of $1.99 by $0.10. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The business had revenue of $2.04 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same period last year, the company earned $1.78 earnings per share. AMETEK’s quarterly revenue was up 15.0% compared to the same quarter last year. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. As a group, sell-side analysts forecast 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. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, September 15th. AMETEK’s dividend payout ratio (DPR) is 19.88%.
AMETEK Company Profile
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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