AMETEK (NYSE:AME) Downgraded to Hold Rating by Wall Street Zen

AMETEK (NYSE:AME) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

Several other equities analysts have also recently weighed in on the company. Barclays lifted their price objective on AMETEK from $210.00 to $220.00 and gave the company an “equal weight” rating in a report on Wednesday, February 4th. Morgan Stanley boosted their price target on AMETEK from $198.00 to $215.00 and gave the company an “equal weight” rating in a research note on Monday, January 12th. DA Davidson reaffirmed a “buy” rating and set a $240.00 price objective on shares of AMETEK in a research report on Wednesday, February 4th. KeyCorp raised their target price on shares of AMETEK from $235.00 to $260.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. Finally, Truist Financial set a $265.00 price target on shares of AMETEK in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $243.00.

AMETEK Stock Performance

NYSE AME opened at $229.76 on Friday. The firm has a 50-day moving average price of $214.39 and a two-hundred day moving average price of $197.49. AMETEK has a 12-month low of $145.02 and a 12-month high of $239.94. The company has a market capitalization of $52.89 billion, a P/E ratio of 35.90, a P/E/G ratio of 3.26 and a beta of 1.03. The company has a quick ratio of 0.67, a current ratio of 1.06 and a debt-to-equity ratio of 0.10.

AMETEK (NYSE:AME) last announced its earnings results on Tuesday, February 3rd. The technology company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.94 by $0.07. The company had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.94 billion. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The business’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same period last year, the firm earned $1.87 earnings per share. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. Analysts anticipate that AMETEK will post 7.15 earnings per share for the current year.

Insider Activity at AMETEK

In related news, insider Thomas C. Marecic sold 14,310 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the insider directly owned 42,589 shares in the company, valued at $8,607,662.79. This represents a 25.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO David A. Zapico sold 28,390 shares of the stock in a transaction that occurred 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 SEC filing for this sale provides additional information. In the last three months, insiders have sold 137,088 shares of company stock valued at $27,212,340. 0.57% of the stock is owned by insiders.

Institutional Investors Weigh In On AMETEK

Several hedge funds have recently modified their holdings of the company. CoreCap Advisors LLC increased its holdings in AMETEK by 84.3% in the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after purchasing an additional 59 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in shares of AMETEK in the second quarter valued at approximately $25,000. BOKF NA raised its holdings in AMETEK by 137.7% in the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after buying an additional 84 shares during the last quarter. Transamerica Financial Advisors LLC boosted its position in AMETEK by 73.9% during the 4th quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock worth $31,000 after buying an additional 65 shares during the period. Finally, Flagship Harbor Advisors LLC bought a new stake in AMETEK during the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

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.