AMETEK (NYSE:AME – Get Free Report) had its price objective lifted by equities research analysts at Mizuho from $225.00 to $230.00 in a note issued to investors on Monday, Marketbeat.com reports. The firm presently has an “outperform” rating on the technology company’s stock. Mizuho’s price target indicates a potential upside of 7.36% from the stock’s current price.
Several other equities analysts have also recently weighed in on AME. Wall Street Zen upgraded AMETEK from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. TD Cowen raised shares of AMETEK from a “hold” rating to a “buy” rating and raised their target price for the company from $180.00 to $230.00 in a report on Tuesday, December 23rd. Truist Financial boosted their price target on shares of AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Royal Bank Of Canada upped their price target on shares of AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. Finally, Cowen raised shares of AMETEK from a “sell” rating to a “buy” rating in a research note on Tuesday, December 23rd. One 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 stock. According to MarketBeat, AMETEK currently has an average rating of “Moderate Buy” and a consensus target price of $223.33.
Check Out Our Latest Analysis on AME
AMETEK Price Performance
AMETEK (NYSE:AME – Get Free Report) last announced its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.13. The firm had revenue of $1.89 billion during 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 business’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous 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. As a group, analysts predict that AMETEK will post 7.15 EPS for the current year.
Insiders Place Their Bets
In other AMETEK news, insider Thomas C. Marecic sold 14,310 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $202.11, for a total value of $2,892,194.10. Following the sale, the insider owned 42,589 shares in the company, valued at $8,607,662.79. This trade represents a 25.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO David A. Zapico sold 28,390 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $201.76, for a total transaction of $5,727,966.40. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 163,378 shares of company stock valued at $32,471,654. Corporate insiders own 0.57% of the company’s stock.
Institutional Trading of AMETEK
A number of institutional investors have recently modified their holdings of AME. Darwin Wealth Management LLC purchased a new position in AMETEK in the second quarter worth $25,000. ST Germain D J Co. Inc. increased its position in AMETEK by 628.6% during the 2nd quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock valued at $28,000 after buying an additional 132 shares in the last quarter. TruNorth Capital Management LLC purchased a new stake in AMETEK in the third quarter valued at about $31,000. NewSquare Capital LLC boosted its holdings in AMETEK by 129.7% in the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock worth $31,000 after acquiring an additional 96 shares in the last quarter. Finally, SouthState Corp grew its stake in shares of AMETEK by 47.4% during the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after acquiring an additional 65 shares during the last quarter. 87.43% of the stock is currently owned by 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.
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