Analysts Set AMETEK, Inc. (NYSE:AME) PT at $205.00

AMETEK, Inc. (NYSE:AMEGet Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the fourteen brokerages that are presently covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $205.00.

Several equities analysts recently issued reports on the company. Robert W. Baird lifted their price objective on AMETEK from $190.00 to $198.00 and gave the stock a “neutral” rating in a report on Monday, August 4th. DA Davidson boosted their price objective on shares of AMETEK from $210.00 to $215.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. TD Cowen upgraded shares of AMETEK from a “sell” rating to a “hold” rating and raised their target price for the company from $158.00 to $180.00 in a report on Tuesday, September 2nd. Melius downgraded shares of AMETEK from a “buy” rating to a “hold” rating and set a $192.00 price target on the stock. in a report on Monday, July 14th. Finally, Morgan Stanley raised their price objective on shares of AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a research note on Friday, August 8th.

Check Out Our Latest Stock Analysis on AMETEK

AMETEK Stock Down 1.3%

Shares of NYSE AME opened at $183.76 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. AMETEK has a 52-week low of $145.02 and a 52-week high of $198.33. The business has a 50-day moving average price of $185.41 and a 200 day moving average price of $177.76. The stock has a market cap of $42.44 billion, a PE ratio of 29.59, a price-to-earnings-growth ratio of 2.64 and a beta of 1.11.

AMETEK (NYSE:AMEGet Free Report) last posted its quarterly earnings data on Thursday, July 31st. The technology company reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.09. The company had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.74 billion. AMETEK had a return on equity of 16.53% and a net margin of 20.60%.The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the firm earned $1.66 EPS. AMETEK has set its Q3 2025 guidance at 1.720-1.760 EPS. FY 2025 guidance at 7.060-7.200 EPS. Equities research analysts forecast that AMETEK will post 7.15 earnings per share for the current year.

AMETEK Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a dividend of $0.31 per share. The ex-dividend date was Monday, September 15th. This represents a $1.24 annualized dividend and a dividend yield of 0.7%. AMETEK’s dividend payout ratio (DPR) is 19.97%.

Hedge Funds Weigh In On AMETEK

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. grew its stake in AMETEK by 1.9% during the second quarter. Vanguard Group Inc. now owns 26,997,665 shares of the technology company’s stock worth $4,885,497,000 after buying an additional 513,402 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of AMETEK by 21.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company’s stock valued at $1,888,385,000 after acquiring an additional 1,908,742 shares in the last quarter. State Street Corp boosted its position in AMETEK by 1.3% during the 2nd quarter. State Street Corp now owns 9,637,303 shares of the technology company’s stock worth $1,743,966,000 after purchasing an additional 126,105 shares during the period. Geode Capital Management LLC increased its holdings in AMETEK by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 5,794,236 shares of the technology company’s stock valued at $1,044,009,000 after purchasing an additional 104,139 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in AMETEK by 2.8% in the first quarter. JPMorgan Chase & Co. now owns 5,747,368 shares of the technology company’s stock valued at $989,352,000 after purchasing an additional 154,682 shares during the period. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

About AMETEK

(Get Free Report)

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.

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Analyst Recommendations for AMETEK (NYSE:AME)

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