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

AMETEK, Inc. (NYSE:AME)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $242.51 and last traded at $242.3680, with a volume of 764461 shares traded. The stock had previously closed at $234.54.

Wall Street Analysts Forecast Growth

AME has been the subject of several research analyst reports. Mizuho set a $270.00 price target on shares of AMETEK in a research note on Friday, May 1st. Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a research note on Wednesday, January 21st. Royal Bank Of Canada lifted their target price on AMETEK from $259.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, May 1st. Truist Financial reiterated a “buy” rating and issued a $275.00 target price (up from $265.00) on shares of AMETEK in a report on Monday. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on AMETEK in a research report on Wednesday, January 21st. They set a “buy” rating and a $271.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, nine 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 an average rating of “Moderate Buy” and a consensus price target of $252.33.

AMETEK Trading Up 2.9%

The stock has a market capitalization of $55.31 billion, a P/E ratio of 36.45, a P/E/G ratio of 3.25 and a beta of 1.03. The stock’s 50 day moving average price is $225.59 and its 200-day moving average price is $213.56. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10.

AMETEK (NYSE:AME) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.07. The company had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.91 billion. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. AMETEK’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.75 earnings per share. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. As a group, equities research analysts expect that AMETEK, Inc. will post 8.07 earnings per share for the current year.

AMETEK Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were paid a dividend of $0.34 per share. This is an increase from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date was Monday, March 16th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 20.54%.

Insiders Place Their Bets

In related news, Director Thomas A. Amato sold 530 shares of the firm’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total transaction of $114,893.40. Following the sale, the director owned 4,480 shares of the company’s stock, valued at $971,174.40. This trade represents a 10.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.54% of the stock is currently owned by insiders.

Institutional Trading of AMETEK

Hedge funds have recently modified their holdings of the company. Darwin Wealth Management LLC bought a new position in shares of AMETEK during the 2nd quarter worth approximately $25,000. CoreCap Advisors LLC grew its holdings in AMETEK by 84.3% in the fourth quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after purchasing an additional 59 shares during the last quarter. MV Capital Management Inc. acquired a new position in shares of AMETEK during the fourth quarter worth $28,000. Brown Lisle Cummings Inc. increased its position in shares of AMETEK by 878.6% during the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after purchasing an additional 123 shares in the last quarter. Finally, BOKF NA lifted its holdings in shares of AMETEK by 137.7% during the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after purchasing an additional 84 shares during the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

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.