AMETEK (NYSE:AME) Given New $235.00 Price Target at Robert W. Baird

AMETEK (NYSE:AME) had its target price cut by Robert W. Baird from $245.00 to $235.00 in a report published on Monday,Benzinga reports. They currently have a neutral rating on the technology company’s stock.

Several other equities research analysts also recently issued reports on AME. 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. Mizuho set a $235.00 target price on shares of AMETEK in a research note on Wednesday, February 4th. Morgan Stanley lifted their target price on shares of AMETEK from $215.00 to $235.00 and gave the company an “equal weight” rating in a report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of AMETEK in a research report on Wednesday, January 21st. They set a “buy” rating and a $271.00 price target for the company. Finally, Truist Financial set a $265.00 price target on AMETEK in a report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $244.67.

AMETEK Stock Performance

Shares of NYSE:AME opened at $208.18 on Monday. The business has a 50-day moving average of $224.80 and a two-hundred day moving average of $206.22. The firm has a market capitalization of $47.69 billion, a PE ratio of 32.53, a P/E/G ratio of 2.99 and a beta of 1.02. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 0.67. AMETEK has a 12 month low of $145.02 and a 12 month high of $242.05.

AMETEK (NYSE:AME) last released its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.07. The business had revenue of $2 billion for the quarter, compared to analyst estimates of $1.94 billion. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The company’s revenue was up 13.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.87 EPS. 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, research analysts forecast that AMETEK will post 7.15 earnings per share for the current year.

AMETEK Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be paid a dividend of $0.34 per share. This is an increase from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date is Monday, March 16th. This represents a $1.36 annualized dividend and a dividend yield of 0.7%. AMETEK’s dividend payout ratio (DPR) is currently 21.25%.

Insider Buying and Selling at AMETEK

In related news, Director Thomas A. Amato sold 530 shares of AMETEK stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total value of $114,893.40. Following the completion of the sale, the director owned 4,480 shares in the company, valued at approximately $971,174.40. The trade was a 10.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in shares of AMETEK by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 27,173,705 shares of the technology company’s stock valued at $5,108,657,000 after purchasing an additional 176,040 shares in the last quarter. State Street Corp grew its stake in AMETEK by 2.0% in the fourth quarter. State Street Corp now owns 9,956,361 shares of the technology company’s stock worth $2,044,140,000 after purchasing an additional 192,677 shares in the last quarter. Geode Capital Management LLC grew its stake in AMETEK by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 5,891,236 shares of the technology company’s stock worth $1,204,722,000 after purchasing an additional 37,651 shares in the last quarter. Invesco Ltd. increased its holdings in AMETEK by 4.9% in the third quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock valued at $839,141,000 after buying an additional 209,043 shares during the last quarter. Finally, Norges Bank acquired a new stake in AMETEK during the fourth quarter valued at approximately $831,372,000. 87.43% of the stock is owned by institutional investors and hedge funds.

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.