AMETEK (NYSE:AME) Price Target Raised to $204.00 at Robert W. Baird

AMETEK (NYSE:AME) had its price target lifted by Robert W. Baird from $198.00 to $204.00 in a report published on Monday, Marketbeat reports. Robert W. Baird currently has a neutral rating on the technology company’s stock.

A number of other equities research analysts also recently commented on the stock. Royal Bank Of Canada increased their price objective on shares of AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research report on Friday. TD Cowen upgraded AMETEK from a “sell” rating to a “hold” rating and raised their price target for the company from $158.00 to $180.00 in a research note on Tuesday, September 2nd. Mizuho lifted their price target on AMETEK from $212.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Truist Financial lifted their price target on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Finally, DA Davidson lifted their price target on AMETEK from $210.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $211.00.

AMETEK Price Performance

Shares of NYSE AME opened at $198.50 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. The company has a market cap of $45.85 billion, a price-to-earnings ratio of 31.97, a price-to-earnings-growth ratio of 2.64 and a beta of 1.11. The stock’s 50-day moving average is $186.99 and its two-hundred day moving average is $181.18. AMETEK has a 1-year low of $145.02 and a 1-year high of $204.15.

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

AMETEK Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, September 15th. AMETEK’s payout ratio is presently 19.56%.

Insider Buying and Selling at AMETEK

In other news, insider Ronald J. Oscher sold 26,290 shares of the business’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $200.05, for a total value of $5,259,314.50. Following the completion of the sale, the insider directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On AMETEK

Institutional investors and hedge funds have recently made changes to their positions in the business. Darwin Wealth Management LLC purchased a new position in shares of AMETEK during the 2nd quarter worth approximately $25,000. Bares Capital Management Inc. purchased a new position in shares of AMETEK during the 1st quarter worth approximately $26,000. ST Germain D J Co. Inc. raised its stake in shares of AMETEK by 628.6% during the 2nd quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock worth $28,000 after buying an additional 132 shares in the last quarter. TruNorth Capital Management LLC purchased a new position in shares of AMETEK during the 3rd quarter worth approximately $31,000. Finally, NewSquare Capital LLC raised its stake in shares of AMETEK by 129.7% during the 2nd quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock worth $31,000 after buying an additional 96 shares in the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Company Profile

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.