AMETEK (NYSE:AME) Reaches New 52-Week High on Analyst Upgrade

AMETEK, Inc. (NYSE:AME)’s share price hit a new 52-week high during mid-day trading on Thursday after Truist Financial raised their price target on the stock from $303.00 to $316.00. Truist Financial currently has a buy rating on the stock. AMETEK traded as high as $257.95 and last traded at $254.6860, with a volume of 1274888 shares traded. The stock had previously closed at $254.05.

AME has been the subject of several other research reports. TD Cowen reiterated a “buy” rating on shares of AMETEK in a research note on Thursday. DA Davidson boosted their price target on AMETEK from $265.00 to $285.00 and gave the company a “buy” rating in a research report on Wednesday. BNP Paribas Exane increased their price objective on AMETEK from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Wednesday. Barclays lifted their target price on AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Finally, KeyCorp boosted their target price on AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $266.80.

AMETEK News Roundup

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: Quarterly results exceeded expectations. AMETEK reported adjusted earnings of $2.09 per share versus the $1.99 consensus estimate, while revenue increased 15% year over year to $2.04 billion. Earnings rose 17%, supported by stronger demand in its Electronic Instruments Group and Electromechanical Group. AMETEK Q2 Earnings Surpass Expectations, Revenues Rise Year Over Year
• Positive Sentiment: Management raised its 2026 outlook. The company guided to third-quarter earnings of $2.08–$2.10 per share and full-year earnings of $8.20–$8.30, reflecting confidence in broad-based demand, operating execution and contributions from strategic acquisitions. AMETEK Inc. Earnings Call Signals Broad-Based Strength
• Positive Sentiment: Analysts became more bullish. DA Davidson raised its price target to $285 and maintained a Buy rating, while BNP Paribas Exane lifted its target to $280 and assigned an Outperform rating. These revisions followed the earnings beat and improved guidance. Analysts Offer Insights on Industrial Goods Companies
• Neutral Sentiment: AMETEK introduced the Grabner Vision Pro Series, a fuel-analysis product intended to improve testing performance. The launch adds to the company’s product pipeline, although its near-term financial impact is unclear. AMETEK Introduces Grabner Vision Pro Series
• Negative Sentiment: At roughly 36.7 times earnings and a PEG ratio above 3, AMETEK trades at a demanding valuation near its 12-month high. That leaves the shares vulnerable to profit-taking or a muted reaction if future growth does not exceed the upgraded expectations.

Hedge Funds Weigh In On AMETEK

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in 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 valued at $101,901,000 after purchasing an additional 28,621 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in shares of AMETEK during the 4th quarter worth about $1,027,000. Massachusetts Financial Services Co. MA grew its holdings in shares of AMETEK by 10.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 959,937 shares of the technology company’s stock worth $197,085,000 after buying an additional 94,544 shares in the last quarter. Factory Mutual Insurance Co. raised its position in shares of AMETEK by 6.6% in the fourth quarter. Factory Mutual Insurance Co. now owns 215,100 shares of the technology company’s stock valued at $44,162,000 after buying an additional 13,300 shares during the last quarter. Finally, Investment Management Corp VA ADV acquired a new position in shares of AMETEK in the fourth quarter valued at approximately $496,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

AMETEK Stock Down 1.3%

The firm’s 50 day moving average is $235.53 and its 200-day moving average is $229.72. The firm has a market cap of $57.60 billion, a PE ratio of 36.74, a P/E/G ratio of 3.43 and a beta of 0.98. The company has a quick ratio of 0.72, a current ratio of 1.21 and a debt-to-equity ratio of 0.09.

AMETEK (NYSE:AME) last released its earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, topping the consensus estimate of $1.99 by $0.10. The firm had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. AMETEK’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same period in the previous year, the company 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. As a group, equities research analysts expect that AMETEK, Inc. will post 8.29 earnings per share for the current fiscal year.

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.