AMETEK (NYSE:AME) Stock Rating Upgraded by Melius

AMETEK (NYSE:AME) was upgraded by research analysts at Melius from a “hold” rating to a “buy” rating in a report issued on Monday, MarketBeat Ratings reports. The firm presently has a $235.00 target price on the technology company’s stock. Melius’ price target suggests a potential upside of 9.69% from the company’s previous close.

AME has been the topic of several other reports. Cowen raised AMETEK from a “sell” rating to a “buy” rating in a research report on Tuesday, December 23rd. DA Davidson lifted their price objective on AMETEK from $235.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, December 8th. Wall Street Zen upgraded AMETEK from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Barclays increased their target price on shares of AMETEK from $200.00 to $205.00 and gave the stock an “equal weight” rating in a research report on Friday, October 31st. Finally, KeyCorp lifted their price target on shares of AMETEK from $205.00 to $220.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $223.33.

AMETEK Price Performance

Shares of NYSE AME opened at $214.24 on Monday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.72 and a current ratio of 1.16. AMETEK has a one year low of $145.02 and a one year high of $214.60. The firm has a market capitalization of $49.32 billion, a P/E ratio of 33.79, a PEG ratio of 2.78 and a beta of 1.04. The company’s fifty day moving average is $199.91 and its two-hundred day moving average is $189.55.

AMETEK (NYSE:AME) last issued its earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.13. The company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.81 billion. AMETEK had a net margin of 20.50% and a return on equity of 16.66%. The firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.66 earnings per share. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. Analysts forecast that AMETEK will post 7.15 EPS for the current fiscal year.

Insider Activity

In other news, CEO David A. Zapico sold 28,390 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $201.76, for a total value of $5,727,966.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ronald J. Oscher sold 26,290 shares of the stock in a transaction on Friday, October 31st. The stock was sold at an average price of $200.05, for a total transaction of $5,259,314.50. Following the sale, the insider directly owned 40,226 shares of the company’s stock, valued at $8,047,211.30. This represents a 39.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 163,378 shares of company stock valued at $32,471,654. Insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On AMETEK

Large investors have recently modified their holdings of the business. Norges Bank bought a new position in shares of AMETEK in the 2nd quarter valued at about $650,613,000. Amundi lifted its stake in AMETEK by 266.1% during the second quarter. Amundi now owns 1,512,966 shares of the technology company’s stock worth $275,345,000 after purchasing an additional 1,099,748 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of AMETEK by 22.3% in the 2nd quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock valued at $769,890,000 after purchasing an additional 775,078 shares in the last quarter. Lazard Asset Management LLC increased its stake in shares of AMETEK by 35.7% in the 3rd quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock valued at $497,444,000 after purchasing an additional 695,419 shares during the last quarter. Finally, Man Group plc raised its holdings in shares of AMETEK by 411.8% during the 3rd quarter. Man Group plc now owns 785,020 shares of the technology company’s stock worth $147,584,000 after buying an additional 631,649 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.