AMETEK, Inc. (NYSE:AME) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of AMETEK, Inc. (NYSE:AME) have been given an average recommendation of “Moderate Buy” by the fourteen ratings firms that are covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $223.75.

A number of equities analysts recently weighed in on the company. Royal Bank Of Canada upped their price target on AMETEK from $212.00 to $229.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. DA Davidson increased their target price on AMETEK from $235.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, December 8th. Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Melius Research set a $235.00 price objective on shares of AMETEK in a research report on Monday, January 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, October 8th.

Insider Buying and Selling at AMETEK

In related news, insider Thomas C. Marecic sold 14,310 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the transaction, the insider directly owned 42,589 shares in the company, valued at approximately $8,607,662.79. The trade was a 25.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Ronald J. Oscher sold 26,290 shares of the stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $200.05, for a total transaction of $5,259,314.50. Following the completion of the sale, the insider owned 40,226 shares of the company’s stock, valued at approximately $8,047,211.30. The trade was a 39.52% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders 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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of AMETEK by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 27,173,705 shares of the technology company’s stock valued at $5,108,657,000 after acquiring an additional 176,040 shares during the last quarter. State Street Corp grew its stake in shares of AMETEK by 1.3% in the 3rd quarter. State Street Corp now owns 9,763,684 shares of the technology company’s stock valued at $1,835,573,000 after buying an additional 126,381 shares during the period. Geode Capital Management LLC increased its holdings in shares of AMETEK by 1.8% during the 2nd quarter. Geode Capital Management LLC now owns 5,794,236 shares of the technology company’s stock worth $1,044,009,000 after buying an additional 104,139 shares during the last quarter. Invesco Ltd. raised its position in shares of AMETEK by 4.9% during the 3rd quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock valued at $839,141,000 after buying an additional 209,043 shares during the period. Finally, Flossbach Von Storch SE grew its position in AMETEK by 0.4% in the second quarter. Flossbach Von Storch SE now owns 3,785,676 shares of the technology company’s stock worth $685,056,000 after acquiring an additional 15,610 shares during the period. 87.43% of the stock is owned by institutional investors and hedge funds.

AMETEK Price Performance

NYSE:AME opened at $210.59 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.16 and a quick ratio of 0.72. The company has a 50 day moving average price of $200.86 and a 200-day moving average price of $190.15. AMETEK has a 1-year low of $145.02 and a 1-year high of $214.60. The firm has a market cap of $48.48 billion, a price-to-earnings ratio of 33.22, a price-to-earnings-growth ratio of 2.77 and a beta of 1.04.

AMETEK (NYSE:AME) last released its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, beating 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 was up 10.8% on a year-over-year basis. During the same quarter last year, the business earned $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. Equities research analysts forecast that AMETEK will post 7.15 EPS for the current year.

AMETEK Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 5th were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, December 5th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s dividend payout ratio is presently 19.56%.

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.