Brokerages Set AMETEK, Inc. (NYSE:AME) PT at $207.42

Shares of AMETEK, Inc. (NYSE:AME) have been assigned an average recommendation of “Moderate Buy” from the fourteen ratings firms that are covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $210.50.

AME has been the subject of a number of research analyst reports. Truist Financial boosted their price target on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. KeyCorp increased their target price on AMETEK from $205.00 to $220.00 and gave the company an “overweight” rating in a research report on Friday. DA Davidson increased their target price on AMETEK from $210.00 to $215.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Royal Bank Of Canada increased their target price on AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Wall Street Zen upgraded AMETEK from a “hold” rating to a “buy” rating in a research report on Saturday.

Hedge Funds Weigh In On AMETEK

A number of hedge funds have recently made changes to their positions in AME. Darwin Wealth Management LLC bought a new position in shares of AMETEK during the second quarter worth about $25,000. Bares Capital Management Inc. bought a new position in shares of AMETEK during the first quarter worth about $26,000. ST Germain D J Co. Inc. raised its position in shares of AMETEK by 628.6% during the second quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock worth $28,000 after acquiring an additional 132 shares during the last quarter. Olde Wealth Management LLC acquired a new stake in AMETEK during the first quarter worth approximately $29,000. Finally, NewSquare Capital LLC grew its stake in AMETEK by 129.7% during the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock worth $31,000 after purchasing an additional 96 shares during the period. 87.43% of the stock is currently owned by institutional investors.

AMETEK Stock Performance

Shares of NYSE AME opened at $202.51 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.04. The stock’s fifty day moving average price is $186.73 and its two-hundred day moving average price is $180.74. AMETEK has a one year low of $145.02 and a one year high of $204.15. The firm has a market cap of $46.77 billion, a price-to-earnings ratio of 32.61, a P/E/G ratio of 2.64 and a beta of 1.11.

AMETEK (NYSE:AME) last posted its quarterly earnings results on Thursday, October 30th. The technology company reported $1.89 EPS for the quarter, topping analysts’ consensus estimates 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 quarter in the previous year, the firm earned $1.66 EPS. AMETEK’s revenue was up 10.8% on a year-over-year basis. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.320-7.370 EPS. On average, equities analysts forecast that AMETEK will post 7.15 EPS for the current year.

AMETEK Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Monday, September 15th. AMETEK’s dividend payout ratio (DPR) 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.