Morgan Stanley Increases AMETEK (NYSE:AME) Price Target to $235.00

AMETEK (NYSE:AME) had its price objective upped by stock analysts at Morgan Stanley from $215.00 to $235.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the technology company’s stock. Morgan Stanley’s price target would suggest a potential upside of 9.64% from the company’s previous close.

Other analysts have also recently issued reports about the company. Wall Street Zen raised AMETEK from a “hold” rating to a “buy” rating in a report on Sunday, February 22nd. KeyCorp increased their price objective on AMETEK from $235.00 to $260.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th. Melius Research set a $235.00 target price on AMETEK in a report on Monday, January 5th. Barclays boosted their target price on shares of AMETEK from $210.00 to $220.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. Finally, TD Cowen reaffirmed 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 stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $244.82.

AMETEK Trading Down 0.6%

Shares of AMETEK stock opened at $214.35 on Thursday. The firm has a market cap of $49.10 billion, a price-to-earnings ratio of 33.49, a price-to-earnings-growth ratio of 3.08 and a beta of 1.02. AMETEK has a 52-week low of $145.02 and a 52-week high of $242.05. The company’s 50-day simple moving average is $224.77 and its 200-day simple moving average is $203.99. The company has a quick ratio of 0.67, a current ratio of 1.06 and a debt-to-equity ratio of 0.10.

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

Insider Buying and Selling

In other AMETEK news, 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 sale, the insider directly 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Thomas M. Montgomery sold 6,388 shares of the business’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $205.05, for a total value of $1,309,859.40. Following the completion of the transaction, the vice president owned 22,116 shares of the company’s stock, valued at $4,534,885.80. This trade represents a 22.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On AMETEK

Hedge funds and other institutional investors have recently made changes to their positions in the business. Darwin Wealth Management LLC purchased a new position in AMETEK during the second quarter worth about $25,000. CoreCap Advisors LLC grew its holdings in AMETEK by 84.3% in the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock valued at $26,000 after buying an additional 59 shares during the period. MV Capital Management Inc. acquired a new position in shares of AMETEK during the 4th quarter valued at about $28,000. BOKF NA lifted its holdings in shares of AMETEK by 137.7% during the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock worth $30,000 after acquiring an additional 84 shares during the period. Finally, TruNorth Capital Management LLC purchased a new position in shares of AMETEK during the 3rd quarter worth about $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.