Shares of AMETEK, Inc. (NYSE:AME – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the thirteen research firms that are covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $243.00.
Several research firms have recently issued reports on AME. Barclays raised their price target on AMETEK from $210.00 to $220.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. TD Cowen reissued a “buy” rating on shares of AMETEK in a research note on Tuesday, February 3rd. KeyCorp raised their target price on AMETEK from $235.00 to $260.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Mizuho set a $235.00 target price on AMETEK in a research report on Wednesday, February 4th. Finally, Wall Street Zen raised AMETEK from a “hold” rating to a “buy” rating in a research note on Sunday, February 22nd.
Get Our Latest Research Report on AMETEK
AMETEK Trading Down 1.8%
AMETEK (NYSE:AME – Get Free Report) last announced 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 firm had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.94 billion. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The business’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same period last year, the firm earned $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. Research analysts anticipate that AMETEK will post 7.15 earnings per share for the current 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 issued a dividend of $0.34 per share. This is an increase from AMETEK’s previous quarterly dividend of $0.31. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, March 16th. AMETEK’s dividend payout ratio is presently 19.38%.
Insider Buying and Selling at AMETEK
In other news, insider Thomas C. Marecic sold 14,310 shares of the business’s stock in a transaction 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 $8,607,662.79. The trade was a 25.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Thomas M. Montgomery sold 6,388 shares of the company’s stock in a transaction on 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 completion of the sale, the vice president owned 22,116 shares of the company’s stock, valued at approximately $4,534,885.80. This represents a 22.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 49,088 shares of company stock valued at $9,930,020. Corporate insiders own 0.57% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in AME. KBC Group NV lifted its position in AMETEK by 3.2% in the 2nd quarter. KBC Group NV now owns 289,634 shares of the technology company’s stock valued at $52,412,000 after acquiring an additional 9,063 shares in the last quarter. Principal Financial Group Inc. increased its holdings in AMETEK by 4.9% during the 3rd quarter. Principal Financial Group Inc. now owns 2,043,029 shares of the technology company’s stock worth $384,096,000 after purchasing an additional 94,645 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in AMETEK by 22.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 37,853 shares of the technology company’s stock worth $7,116,000 after purchasing an additional 6,911 shares in the last quarter. Nordea Investment Management AB raised its stake in shares of AMETEK by 246.0% in the 3rd quarter. Nordea Investment Management AB now owns 92,175 shares of the technology company’s stock valued at $17,344,000 after purchasing an additional 65,537 shares during the period. Finally, Compagnie Lombard Odier SCmA bought a new stake in shares of AMETEK in the third quarter valued at about $118,311,000. 87.43% of the stock is currently owned by institutional investors.
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.
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