Shares of AMETEK, Inc. (NYSE:AME – Get Free Report) have been given a consensus rating of “Moderate Buy” by the thirteen research firms that are covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $243.00.
AME has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of AMETEK in a research note on Wednesday, January 21st. They set a “buy” rating and a $271.00 price target on the stock. Melius Research set a $235.00 target price on shares of AMETEK in a research report on Monday, January 5th. Barclays boosted their price target on AMETEK from $210.00 to $220.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. Robert W. Baird set a $245.00 price objective on AMETEK in a report on Thursday, February 5th. Finally, Morgan Stanley boosted their target price on AMETEK from $198.00 to $215.00 and gave the stock an “equal weight” rating in a report on Monday, January 12th.
Check Out Our Latest Research Report on AMETEK
AMETEK Price Performance
AMETEK (NYSE:AME – Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.07. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The business had revenue of $2 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same period in the previous year, the company earned $1.87 EPS. The firm’s revenue was up 13.4% on a year-over-year basis. 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 forecast that AMETEK will post 7.15 EPS for the current fiscal year.
AMETEK Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be paid a $0.34 dividend. The ex-dividend date is Monday, March 16th. This is a positive change from AMETEK’s previous quarterly dividend of $0.31. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. AMETEK’s dividend payout ratio is presently 19.38%.
Insider Activity at AMETEK
In other news, VP Thomas M. Montgomery sold 6,388 shares of AMETEK stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $205.05, for a total value of $1,309,859.40. Following the transaction, the vice president directly owned 22,116 shares in the company, valued at approximately $4,534,885.80. The trade was a 22.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible 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 value of $5,727,966.40. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 49,088 shares of company stock worth $9,930,020. 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 business. Vanguard Group Inc. increased its position in AMETEK by 0.7% during the third quarter. Vanguard Group Inc. now owns 27,173,705 shares of the technology company’s stock worth $5,108,657,000 after acquiring an additional 176,040 shares during the period. State Street Corp grew its position in AMETEK by 2.0% in the 4th quarter. State Street Corp now owns 9,956,361 shares of the technology company’s stock worth $2,044,140,000 after purchasing an additional 192,677 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of AMETEK by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 5,891,236 shares of the technology company’s stock worth $1,204,722,000 after purchasing an additional 37,651 shares during the period. Invesco Ltd. raised its position in shares of AMETEK by 4.9% during the third 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 last quarter. Finally, Norges Bank bought a new stake in shares of AMETEK in the fourth quarter valued at about $831,372,000. 87.43% of the stock is owned by institutional investors.
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.
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