AMETEK (NYSE:AME) Upgraded at TD Cowen

TD Cowen upgraded shares of AMETEK (NYSE:AME) from a hold rating to a buy rating in a research note issued to investors on Tuesday morning, MarketBeat reports. The firm currently has $230.00 target price on the technology company’s stock, up from their prior target price of $180.00.

Other equities research analysts also recently issued research reports about the stock. Royal Bank Of Canada increased their target price on shares of AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. Truist Financial upped their price target on shares of AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. Robert W. Baird raised their price objective on shares of AMETEK from $198.00 to $204.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Weiss Ratings restated a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, October 8th. Finally, Cowen upgraded AMETEK from a “sell” rating to a “buy” rating in a report on Tuesday. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $216.55.

AMETEK Trading Down 0.1%

AME opened at $208.28 on Tuesday. The stock has a 50-day moving average of $196.42 and a 200 day moving average of $187.70. The company has a current ratio of 1.16, a quick ratio of 0.72 and a debt-to-equity ratio of 0.14. AMETEK has a 12 month low of $145.02 and a 12 month high of $210.14. The firm has a market cap of $47.95 billion, a P/E ratio of 32.85, a P/E/G ratio of 2.96 and a beta of 1.04.

AMETEK (NYSE:AME) last posted its quarterly earnings data on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.13. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.The business had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period last year, the company earned $1.66 EPS. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. As a group, research analysts forecast that AMETEK will post 7.15 EPS for the current year.

AMETEK Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were paid a $0.31 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $1.24 annualized dividend and a yield of 0.6%. AMETEK’s dividend payout ratio is 19.56%.

Insider Transactions at AMETEK

In related news, CEO David A. Zapico sold 28,390 shares of AMETEK stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $201.76, for a total value of $5,727,966.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Thomas C. Marecic sold 14,310 shares of the stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the transaction, the insider owned 42,589 shares in the company, valued at approximately $8,607,662.79. The trade was a 25.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 163,378 shares of company stock valued at $32,471,654. Company insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On AMETEK

Several hedge funds have recently modified their holdings of the business. Darwin Wealth Management LLC purchased a new position in AMETEK during the second quarter valued at approximately $25,000. Bares Capital Management Inc. bought a new stake in AMETEK during the 1st quarter valued at $26,000. ST Germain D J Co. Inc. increased its holdings in shares of AMETEK by 628.6% in the 2nd quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock valued at $28,000 after acquiring an additional 132 shares during the period. NewSquare Capital LLC raised its position in shares of AMETEK by 129.7% in the 2nd quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock worth $31,000 after acquiring an additional 96 shares in the last quarter. Finally, TruNorth Capital Management LLC purchased a new stake in shares of AMETEK during the 3rd quarter worth $31,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

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.