AMETEK (NYSE:AME) Given New $235.00 Price Target at Morgan Stanley

AMETEK (NYSE:AME) had its price objective raised by investment analysts at Morgan Stanley from $215.00 to $235.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the technology company’s stock. Morgan Stanley’s price target would suggest a potential upside of 8.62% from the stock’s current price.

Other research analysts also recently issued research reports about the company. Melius Research set a $235.00 target price on AMETEK in a report on Monday, January 5th. Barclays upped their price target on AMETEK from $210.00 to $220.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a report on Wednesday, January 21st. Oppenheimer lowered shares of AMETEK from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 27th. Finally, Truist Financial set a $265.00 price target on shares of AMETEK in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $244.82.

AMETEK Stock Down 3.5%

NYSE AME traded down $7.96 on Thursday, reaching $216.34. The company had a trading volume of 581,844 shares, compared to its average volume of 1,408,177. AMETEK has a 1 year low of $145.02 and a 1 year high of $242.05. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 0.67. The firm has a market capitalization of $49.54 billion, a PE ratio of 33.82, a P/E/G ratio of 3.23 and a beta of 1.02. The firm has a 50-day moving average of $224.46 and a 200-day moving average of $203.71.

AMETEK (NYSE:AME) last released its earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.07. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The company had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the previous year, the firm earned $1.87 EPS. The company’s revenue was up 13.4% on a year-over-year basis. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. On average, equities research analysts anticipate that AMETEK will post 7.15 EPS for the current fiscal year.

Insider Buying and Selling at AMETEK

In other news, VP Thomas M. Montgomery sold 6,388 shares of the business’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $205.05, for a total value of $1,309,859.40. Following the sale, the vice president owned 22,116 shares of the company’s stock, valued at approximately $4,534,885.80. The trade was a 22.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Thomas C. Marecic sold 14,310 shares of the firm’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $202.11, for a total value of $2,892,194.10. Following the transaction, the insider directly owned 42,589 shares of the company’s stock, valued at $8,607,662.79. This represents a 25.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 49,088 shares of company stock valued at $9,930,020. 0.57% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On AMETEK

Hedge funds have recently modified their holdings of the stock. CoreCap Advisors LLC lifted its holdings in shares of AMETEK by 84.3% during the fourth quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock valued at $26,000 after purchasing an additional 59 shares during the last quarter. MV Capital Management Inc. acquired a new stake in AMETEK during the 4th quarter valued at $28,000. Darwin Wealth Management LLC purchased a new stake in shares of AMETEK in the second quarter valued at $25,000. BOKF NA lifted its holdings in shares of AMETEK by 137.7% in the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after purchasing an additional 84 shares in the last quarter. Finally, Transamerica Financial Advisors LLC grew its holdings in shares of AMETEK by 73.9% during the fourth quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock valued at $31,000 after buying an additional 65 shares in the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

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.