BMO Capital Markets assumed coverage on shares of AMETEK (NYSE:AME – Free Report) in a research report sent to investors on Friday, Marketbeat reports. The brokerage issued an outperform rating and a $253.00 target price on the technology company’s stock.
AME has been the topic of several other reports. TD Cowen reaffirmed a “buy” rating on shares of AMETEK in a research note on Tuesday, February 3rd. KeyCorp boosted their price objective on shares of AMETEK from $235.00 to $260.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft started coverage on shares of AMETEK in a research note on Wednesday, January 21st. They set a “buy” rating and a $271.00 price objective on the stock. Robert W. Baird set a $245.00 target price on shares of AMETEK in a research report on Thursday, February 5th. Finally, DA Davidson reiterated a “buy” rating and issued a $240.00 price target on shares of AMETEK in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $245.50.
Check Out Our Latest Analysis on AMETEK
AMETEK Stock Performance
AMETEK (NYSE:AME – Get Free Report) last issued its quarterly earnings data 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. The business had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.94 billion. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The business’s revenue was up 13.4% on a year-over-year basis. During the same period in the prior year, the business 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. On average, analysts anticipate that AMETEK will post 7.15 EPS for the current fiscal year.
AMETEK Increases Dividend
The business 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 dividend of $0.34 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.36 annualized dividend and a dividend yield of 0.7%. This is a boost from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s dividend payout ratio is presently 21.25%.
Insider Activity at AMETEK
In related news, Director Thomas A. Amato sold 530 shares of the stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total value of $114,893.40. Following the transaction, the director directly owned 4,480 shares of the company’s stock, valued at approximately $971,174.40. This trade represents a 10.58% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.54% of the stock is currently owned by insiders.
Institutional Investors Weigh In On AMETEK
A number of institutional investors have recently added to or reduced their stakes in the company. CoreCap Advisors LLC lifted its stake in shares of AMETEK by 84.3% in the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock valued at $26,000 after purchasing an additional 59 shares in the last quarter. MV Capital Management Inc. acquired a new stake in AMETEK during the 4th quarter worth approximately $28,000. Darwin Wealth Management LLC purchased a new position in AMETEK in the second quarter valued at approximately $25,000. BOKF NA raised its holdings in AMETEK by 137.7% in the fourth 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 period. Finally, Transamerica Financial Advisors LLC lifted its position in AMETEK by 73.9% during the fourth quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock valued at $31,000 after buying an additional 65 shares in the last quarter. Hedge funds and other institutional investors 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.
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