AMETEK (NYSE:AME) Price Target Raised to $204.00

AMETEK (NYSE:AME) had its price target boosted by Robert W. Baird from $198.00 to $204.00 in a report issued on Monday, Marketbeat Ratings reports. Robert W. Baird currently has a neutral rating on the technology company’s stock.

Several other brokerages have also recently weighed in on AME. Barclays boosted their price target on shares of AMETEK from $200.00 to $205.00 and gave the company an “equal weight” rating in a research report on Friday, October 31st. Royal Bank Of Canada boosted their price objective on shares of AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Truist Financial boosted their price objective on shares of AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. Melius cut shares of AMETEK from a “buy” rating to a “hold” rating and set a $192.00 price target on the stock. in a research report on Monday, July 14th. Finally, Morgan Stanley increased their price target on shares of AMETEK from $185.00 to $198.00 and gave the stock an “equal weight” rating in a research report on Friday, August 8th. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.00.

AMETEK Stock Performance

AME opened at $198.13 on Monday. AMETEK has a 12-month low of $145.02 and a 12-month high of $204.15. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $45.76 billion, a PE ratio of 31.90, a P/E/G ratio of 2.64 and a beta of 1.11. The firm has a 50 day moving average of $187.44 and a two-hundred day moving average of $181.58.

AMETEK (NYSE:AME) last posted its earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.13. The firm had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.81 billion. AMETEK had a net margin of 20.60% and a return on equity of 16.53%. The business’s quarterly revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.66 EPS. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.320-7.370 EPS. On average, analysts anticipate that AMETEK will post 7.15 EPS for the current year.

AMETEK Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, September 15th. AMETEK’s dividend payout ratio is presently 19.56%.

Insider Buying and Selling at AMETEK

In other news, insider Ronald J. Oscher sold 26,290 shares of the stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $200.05, for a total value of $5,259,314.50. Following the completion of the sale, the insider directly owned 40,226 shares of the company’s stock, valued at approximately $8,047,211.30. This represents a 39.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On AMETEK

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of AMETEK by 1.9% in the second quarter. Vanguard Group Inc. now owns 26,997,665 shares of the technology company’s stock valued at $4,885,497,000 after acquiring 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 first quarter. Price T Rowe Associates Inc. MD now owns 10,970,047 shares of the technology company’s stock worth $1,888,385,000 after purchasing an additional 1,908,742 shares during the period. State Street Corp lifted its holdings in shares of AMETEK by 1.3% during the second 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 lifted its holdings in shares of AMETEK by 1.8% during the second quarter. Geode Capital Management LLC now owns 5,794,236 shares of the technology company’s stock worth $1,044,009,000 after purchasing an additional 104,139 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in shares of AMETEK by 2.8% during the first quarter. JPMorgan Chase & Co. now owns 5,747,368 shares of the technology company’s stock worth $989,352,000 after purchasing an additional 154,682 shares during the period. 87.43% of the stock is owned by institutional investors and hedge funds.

AMETEK Company Profile

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.