AMETEK (NYSE:AME) Stock Price Expected to Rise, KeyCorp Analyst Says

AMETEK (NYSE:AME) had its price target upped by analysts at KeyCorp from $205.00 to $220.00 in a research report issued to clients and investors on Friday, Marketbeat.com reports. The brokerage currently has an “overweight” rating on the technology company’s stock. KeyCorp’s price target would indicate a potential upside of 8.64% from the stock’s previous close.

A number of other research analysts also recently commented on AME. DA Davidson boosted their price objective on shares of AMETEK from $210.00 to $215.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Robert W. Baird boosted their price objective on shares of AMETEK from $190.00 to $198.00 and gave the company a “neutral” rating in a research report on Monday, August 4th. TD Cowen upgraded shares of AMETEK from a “sell” rating to a “hold” rating and lifted their target price for the company from $158.00 to $180.00 in a research note on Tuesday, September 2nd. Truist Financial lifted their target price on shares of AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Finally, Royal Bank Of Canada lifted their target price on shares of AMETEK from $209.00 to $212.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, AMETEK presently has an average rating of “Moderate Buy” and a consensus target price of $210.50.

AMETEK Stock Performance

Shares of AME opened at $202.51 on Friday. The company’s 50 day moving average price is $186.73 and its 200 day moving average price is $180.74. AMETEK has a 52 week low of $145.02 and a 52 week high of $204.15. The company has a market capitalization of $46.77 billion, a PE ratio of 32.61, a PEG ratio of 2.64 and a beta of 1.11. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.63.

AMETEK (NYSE:AME) last announced its quarterly earnings data on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.13. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The firm had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the previous year, the firm posted $1.66 earnings per share. The firm’s revenue was up 10.8% on a year-over-year basis. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.320-7.370 EPS. Research analysts expect that AMETEK will post 7.15 EPS for the current fiscal year.

Institutional Trading of AMETEK

A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Personalized Indexing Management LLC lifted its stake in shares of AMETEK by 6.4% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 26,892 shares of the technology company’s stock worth $5,059,000 after buying an additional 1,621 shares during the last quarter. Monte Financial Group LLC lifted its stake in shares of AMETEK by 5.5% in the third quarter. Monte Financial Group LLC now owns 6,578 shares of the technology company’s stock worth $1,237,000 after buying an additional 343 shares during the last quarter. Mutual of America Capital Management LLC increased its position in AMETEK by 6.0% during the third quarter. Mutual of America Capital Management LLC now owns 67,301 shares of the technology company’s stock worth $12,653,000 after acquiring an additional 3,788 shares during the period. First Citizens Bank & Trust Co. increased its position in AMETEK by 12.3% during the third quarter. First Citizens Bank & Trust Co. now owns 3,996 shares of the technology company’s stock worth $751,000 after acquiring an additional 438 shares during the period. Finally, CIBC Asset Management Inc increased its position in AMETEK by 3.3% during the third quarter. CIBC Asset Management Inc now owns 61,868 shares of the technology company’s stock worth $11,631,000 after acquiring an additional 1,986 shares during the period. 87.43% of the stock is currently owned by institutional investors and hedge funds.

About AMETEK

AMETEK, Inc manufactures and sells electronic instruments and electromechanical devices in the North America, Europe, Asia, and South America, and internationally. The company's EIG segment offers advanced instruments for the process, aerospace, power, and industrial markets; process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries; instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets; power quality monitoring and c devices, uninterruptible power supplies, programmable power and electromagnetic compatibility test equipment, and sensors for gas turbines and dashboard instruments; heavy trucks, instrumentation, and controls for the food and beverage industries; and aircraft and engine sensors, power supplies, embedded computing, monitoring, fuel and fluid measurement, and data acquisition systems for aerospace and defense industry.