AMETEK (NYSE:AME) Hits New 52-Week High – Still a Buy?

AMETEK, Inc. (NYSE:AME) reached a new 52-week high on Monday . The company traded as high as $240.40 and last traded at $238.54, with a volume of 332020 shares changing hands. The stock had previously closed at $239.22.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Barclays increased their price objective on shares of AMETEK from $210.00 to $220.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft started coverage on AMETEK in a research report on Wednesday, January 21st. They issued a “buy” rating and a $271.00 price target for the company. DA Davidson restated a “buy” rating and issued a $240.00 price objective on shares of AMETEK in a research report on Wednesday, February 4th. Robert W. Baird set a $245.00 price target on shares of AMETEK in a report on Thursday, February 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, AMETEK has a consensus rating of “Moderate Buy” and a consensus target price of $243.00.

AMETEK Trading Up 0.9%

The company has a 50 day moving average of $220.97 and a 200 day moving average of $201.29. The stock has a market capitalization of $55.29 billion, a price-to-earnings ratio of 37.75, a P/E/G ratio of 3.42 and a beta of 1.02. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.67 and a current ratio of 1.06.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.07. The business had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.94 billion. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The business’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.87 earnings per share. 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, research analysts predict that AMETEK, Inc. will post 7.15 EPS for the current fiscal year.

AMETEK Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be issued a $0.34 dividend. This is a boost from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date is Monday, March 16th. This represents a $1.36 annualized dividend and a yield of 0.6%. AMETEK’s payout ratio is presently 19.38%.

Insider Activity

In related news, insider Thomas C. Marecic sold 14,310 shares of the company’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the completion of the transaction, the insider directly owned 42,589 shares in the company, valued at $8,607,662.79. This represents a 25.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO David A. Zapico sold 28,390 shares of AMETEK stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $201.76, for a total transaction of $5,727,966.40. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 49,088 shares of company stock valued at $9,930,020 in the last three months. Corporate insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On AMETEK

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AME. Florida Financial Advisors LLC increased its position in AMETEK by 2.2% in the 4th quarter. Florida Financial Advisors LLC now owns 1,974 shares of the technology company’s stock worth $406,000 after buying an additional 43 shares during the period. Plato Investment Management Ltd raised its stake in shares of AMETEK by 0.4% during the fourth quarter. Plato Investment Management Ltd now owns 10,751 shares of the technology company’s stock worth $2,218,000 after buying an additional 47 shares during the last quarter. Allegiance Financial Group Advisory Services LLC boosted its holdings in AMETEK by 4.0% during the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 1,254 shares of the technology company’s stock worth $257,000 after buying an additional 48 shares during the last quarter. Washington Trust Advisors Inc. grew its holdings in shares of AMETEK by 6.3% in the 4th quarter. Washington Trust Advisors Inc. now owns 850 shares of the technology company’s stock valued at $175,000 after buying an additional 50 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH increased its stake in AMETEK by 2.9% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 1,816 shares of the technology company’s stock worth $373,000 after purchasing an additional 51 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

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.