AMETEK, Inc. (NYSE:AME – Get Free Report) has earned an average recommendation of “Moderate Buy” from the seventeen brokerages that are presently covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $266.6875.
A number of equities research analysts recently issued reports on AME shares. Royal Bank Of Canada lifted their price target on shares of AMETEK from $260.00 to $291.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Weiss Ratings upgraded shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. Vertical Research assumed coverage on shares of AMETEK in a research note on Tuesday, September 8th. They set a “buy” rating and a $255.00 target price for the company. Seaport Research Partners reaffirmed a “buy” rating and issued a $290.00 price target on shares of AMETEK in a research note on Wednesday, August 5th. Finally, Morgan Stanley boosted their price objective on AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Friday, July 10th.
Check Out Our Latest Stock Analysis on AME
AMETEK Stock Up 1.9%
AMETEK (NYSE:AME – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $1.99 by $0.10. The firm had revenue of $2.04 billion during the quarter, compared to analyst estimates of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.AMETEK’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same quarter in the previous 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. On average, research analysts expect that AMETEK will post 8.32 earnings per share for the current year.
AMETEK Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 15th. 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 dated Friday, August 7th. The shares were sold at an average price of $254.00, for a total value of $1,678,432.00. Following the transaction, the insider directly owned 42,509 shares of the company’s stock, valued at approximately $10,797,286. This trade represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.54% of the stock is owned by company insiders.
Institutional Investors Weigh In On AMETEK
A number of large investors have recently made changes to their positions in AME. BlackRock Inc. acquired a new position in shares of AMETEK during the 2nd quarter valued at about $4,725,928,000. Geode Capital Management LLC increased its holdings in shares of AMETEK by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 5,891,236 shares of the technology company’s stock worth $1,204,722,000 after buying an additional 37,651 shares during the last quarter. Norges Bank purchased a new stake in shares of AMETEK during the 4th quarter valued at approximately $831,372,000. Wellington Management Group LLP lifted its holdings in AMETEK by 7.0% in the second quarter. Wellington Management Group LLP now owns 2,994,077 shares of the technology company’s stock valued at $724,387,000 after acquiring an additional 196,986 shares during the last quarter. Finally, Flossbach Von Storch SE purchased a new position in AMETEK in the second quarter worth approximately $662,352,000. 87.43% of the stock is currently owned by hedge funds and other institutional investors.
About AMETEK
AMETEK, Inc (NYSE: AME) is a diversified manufacturer of industrial technology products and solutions. The company develops equipment used to monitor, measure, test, control and analyze processes across a range of industrial and commercial applications.
AMETEK operates through two primary business groups: Electronic Instruments, which provides analytical, monitoring, testing and measurement equipment; and Electromechanical, which supplies automation systems, motors, power systems, aerospace and defense products, engineered materials and other specialized components.
Recommended Stories
- Five stocks we like better than AMETEK
- Meta’s Muse Highlights Arm’s Growing Role in AI Infrastructure
- Oura’s $15.6 Billion IPO Is Betting Investors See More Than a Smart Ring
- AMD Chips Away at NVIDIA’s AI Throne
- Is the Fed Playing Chess With Rates—Or Just Behind the Curve Again?
Receive News & Ratings for AMETEK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMETEK and related companies with MarketBeat.com's FREE daily email newsletter.
