AMETEK, Inc. (NYSE:AME) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of AMETEK, Inc. (NYSE:AME) have been assigned an average rating of “Moderate Buy” from the fourteen analysts that are covering the company, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $211.00.

AME has been the subject of several research reports. Truist Financial raised their price target on shares of AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. Royal Bank Of Canada raised their target price on shares of AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Morgan Stanley lifted their price target on shares of AMETEK from $185.00 to $198.00 and gave the company an “equal weight” rating in a research note on Friday, August 8th. DA Davidson increased their price objective on shares of AMETEK from $210.00 to $215.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Finally, Wall Street Zen upgraded AMETEK from a “hold” rating to a “buy” rating in a report on Saturday, November 1st.

Insider Activity

In other news, insider Ronald J. Oscher sold 26,290 shares of the stock in a transaction that occurred on 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 owned 40,226 shares of the company’s stock, valued at approximately $8,047,211.30. This represents a 39.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.57% of the stock is currently owned by corporate insiders.

Institutional Trading of AMETEK

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of AMETEK in the 2nd quarter valued at about $650,613,000. Invesco Ltd. lifted its stake in AMETEK by 127.2% in the 1st quarter. Invesco Ltd. now owns 3,479,397 shares of the technology company’s stock valued at $598,943,000 after purchasing an additional 1,947,831 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in AMETEK by 21.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company’s stock worth $1,888,385,000 after purchasing an additional 1,908,742 shares during the period. Amundi increased its position in AMETEK by 266.1% during the second quarter. Amundi now owns 1,512,966 shares of the technology company’s stock worth $275,345,000 after buying an additional 1,099,748 shares during the last quarter. Finally, Lazard Asset Management LLC raised its stake in AMETEK by 35.7% in the third quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock valued at $497,444,000 after buying an additional 695,419 shares during the period. 87.43% of the stock is owned by institutional investors.

AMETEK Price Performance

AME stock opened at $195.21 on Friday. The stock has a 50-day moving average price of $189.16 and a two-hundred day moving average price of $183.85. AMETEK has a 1 year low of $145.02 and a 1 year high of $204.15. The stock has a market cap of $44.94 billion, a PE ratio of 31.43, a price-to-earnings-growth ratio of 2.64 and a beta of 1.12. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15.

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

AMETEK Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 5th will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. AMETEK’s payout ratio is 19.56%.

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.