AMETEK (NYSE:AME) Cut to Hold at Wall Street Zen

Wall Street Zen cut shares of AMETEK (NYSE:AME) from a buy rating to a hold rating in a report released on Saturday.

A number of other research firms have also recently weighed in on AME. Robert W. Baird set a $245.00 price objective on shares of AMETEK in a research report on Thursday, February 5th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $257.00 price target on shares of AMETEK in a research note on Wednesday, February 4th. Mizuho set a $235.00 price objective on AMETEK in a research note on Wednesday, February 4th. Melius Research set a $235.00 price objective on AMETEK in a report on Monday, January 5th. Finally, TD Cowen reiterated a “buy” rating on shares of AMETEK in a research note on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $243.00.

AMETEK Stock Performance

AMETEK stock opened at $229.76 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.67 and a current ratio of 1.06. AMETEK has a one year low of $145.02 and a one year high of $239.94. The stock’s 50 day moving average price is $215.00 and its 200 day moving average price is $198.08. The firm has a market capitalization of $52.89 billion, a PE ratio of 35.90, a price-to-earnings-growth ratio of 3.28 and a beta of 1.03.

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

AMETEK Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 0.6%. This is a boost from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date is Monday, March 16th. AMETEK’s dividend payout ratio (DPR) is 19.38%.

Insider Buying and Selling at AMETEK

In related news, VP Thomas M. Montgomery sold 6,388 shares of the stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the sale, the vice president owned 22,116 shares in the company, valued at $4,534,885.80. This represents a 22.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Thomas C. Marecic sold 14,310 shares of AMETEK stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $202.11, for a total value of $2,892,194.10. Following the completion of the transaction, the insider owned 42,589 shares of the company’s stock, 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. Insiders sold a total of 137,088 shares of company stock worth $27,212,340 over the last 90 days. Insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On AMETEK

Hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. increased its position in 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 acquiring an additional 176,040 shares during the period. State Street Corp increased its holdings in shares of AMETEK by 2.0% during the fourth quarter. State Street Corp now owns 9,956,361 shares of the technology company’s stock valued at $2,044,140,000 after purchasing an additional 192,677 shares during the period. Geode Capital Management LLC raised its stake in shares of AMETEK by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 5,891,236 shares of the technology company’s stock valued at $1,204,722,000 after purchasing an additional 37,651 shares in the last quarter. Invesco Ltd. lifted 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 worth $839,141,000 after purchasing an additional 209,043 shares during the period. Finally, Norges Bank bought a new position in AMETEK in the 4th quarter valued at about $831,372,000. Institutional investors own 87.43% of the company’s stock.

AMETEK Company Profile

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.