Equities researchers at BMO Capital Markets started coverage on shares of AMETEK (NYSE:AME – Get Free Report) in a research report issued on Friday, MarketBeat reports. The firm set an “outperform” rating and a $253.00 price target on the technology company’s stock. BMO Capital Markets’ price objective suggests a potential upside of 20.99% from the stock’s current price.
Other equities analysts also recently issued research reports about the company. Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, January 21st. Barclays boosted their price target on AMETEK from $210.00 to $220.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. TD Cowen restated a “buy” rating on shares of AMETEK in a report on Tuesday, February 3rd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $257.00 target price on shares of AMETEK in a research note on Wednesday, February 4th. Finally, Melius Research set a $235.00 target price on shares of AMETEK in a report on Monday, January 5th. One investment 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 data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $245.50.
AMETEK Stock Down 1.1%
AMETEK (NYSE:AME – Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.07. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The firm had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the prior year, the firm earned $1.87 EPS. The company’s revenue for the quarter 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. Equities analysts predict that AMETEK will post 7.15 EPS for the current fiscal year.
Insider Activity at AMETEK
In related news, Director Thomas A. Amato sold 530 shares of AMETEK stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total transaction of $114,893.40. Following the transaction, the director owned 4,480 shares in the company, valued at approximately $971,174.40. This trade represents a 10.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.54% of the company’s stock.
Institutional Trading of AMETEK
Large investors have recently added to or reduced their stakes in the stock. CoreCap Advisors LLC boosted its position in shares of AMETEK by 84.3% during the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock valued at $26,000 after acquiring an additional 59 shares during the last quarter. MV Capital Management Inc. acquired a new stake in AMETEK during the fourth quarter worth about $28,000. Darwin Wealth Management LLC acquired a new stake in AMETEK during the second quarter worth about $25,000. BOKF NA raised its stake in AMETEK by 137.7% during the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after purchasing an additional 84 shares during the period. Finally, Transamerica Financial Advisors LLC boosted its holdings in AMETEK by 73.9% in the 4th quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock valued at $31,000 after purchasing an additional 65 shares during the last quarter. 87.43% of the stock is currently owned by hedge funds and other institutional investors.
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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