AMETEK (NYSE:AME) Price Target Raised to $235.00

AMETEK (NYSE:AME) had its price target increased by Morgan Stanley from $215.00 to $235.00 in a research report released on Thursday,Benzinga reports. They currently have an equal weight rating on the technology company’s stock.

Several other research firms have also commented on AME. Royal Bank Of Canada reissued an “outperform” rating and set a $257.00 price target on shares of AMETEK in a research report on Wednesday, February 4th. KeyCorp boosted their price objective on shares of AMETEK from $235.00 to $260.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, January 21st. TD Cowen restated a “buy” rating on shares of AMETEK in a research note on Tuesday, February 3rd. Finally, Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a report on Sunday, February 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, AMETEK currently has an average rating of “Moderate Buy” and a consensus price target of $244.82.

AMETEK Trading Down 0.6%

Shares of NYSE:AME opened at $214.35 on Thursday. The company has a market capitalization of $49.10 billion, a PE ratio of 33.49, a P/E/G ratio of 3.07 and a beta of 1.02. The company has a current ratio of 1.06, a quick ratio of 0.67 and a debt-to-equity ratio of 0.10. AMETEK has a 12-month low of $145.02 and a 12-month high of $242.05. The business’s fifty day simple moving average is $224.77 and its 200-day simple moving average is $204.12.

AMETEK (NYSE:AME) last issued its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.07. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The firm had revenue of $2 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same period in the prior year, the business posted $1.87 EPS. The firm’s quarterly 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. As a group, equities research analysts predict that AMETEK will post 7.15 earnings per share for the current fiscal year.

AMETEK Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be given a $0.34 dividend. This is an increase from AMETEK’s previous quarterly dividend of $0.31. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, March 16th. AMETEK’s payout ratio is currently 21.25%.

Insider Activity at AMETEK

In other news, VP Thomas M. Montgomery sold 6,388 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $205.05, for a total value of $1,309,859.40. Following the sale, the vice president directly owned 22,116 shares of the company’s stock, valued at $4,534,885.80. This represents a 22.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Thomas C. Marecic sold 14,310 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the completion of the sale, the insider owned 42,589 shares in the company, valued at $8,607,662.79. The trade was a 25.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.57% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. SHP Wealth Management acquired a new position in shares of AMETEK in the 4th quarter valued at $119,000. Caitong International Asset Management Co. Ltd acquired a new stake in AMETEK during the fourth quarter valued at $126,000. Tobam increased its holdings in AMETEK by 32.3% in the fourth quarter. Tobam now owns 303 shares of the technology company’s stock valued at $62,000 after buying an additional 74 shares in the last quarter. DGS Capital Management LLC increased its holdings in AMETEK by 5.2% in the fourth quarter. DGS Capital Management LLC now owns 2,357 shares of the technology company’s stock valued at $484,000 after buying an additional 117 shares in the last quarter. Finally, MV Capital Management Inc. acquired a new position in shares of AMETEK in the fourth quarter worth about $28,000. 87.43% of the stock is currently owned by institutional investors and hedge funds.

AMETEK Company Profile

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.