Robert W. Baird Cuts AMETEK (NYSE:AME) Price Target to $235.00

AMETEK (NYSE:AME) had its target price cut by stock analysts at Robert W. Baird from $245.00 to $235.00 in a report released on Monday,Benzinga reports. The firm currently has a “neutral” rating on the technology company’s stock. Robert W. Baird’s price objective indicates a potential upside of 12.39% from the company’s current price.

A number of other brokerages have also recently issued reports on AME. KeyCorp increased their price objective on shares of AMETEK from $235.00 to $260.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Wall Street Zen raised AMETEK from a “hold” rating to a “buy” rating in a report on Sunday, February 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $257.00 price objective on shares of AMETEK in a research note on Wednesday, February 4th. Morgan Stanley boosted their price target on AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a report on Thursday, March 12th. Finally, Melius Research set a $235.00 price objective on shares of AMETEK in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $244.67.

AMETEK Stock Performance

Shares of AME opened at $209.10 on Monday. The business has a 50-day simple moving average of $224.95 and a two-hundred day simple moving average of $206.11. 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 has a 52 week low of $145.02 and a 52 week high of $242.05. The stock has a market cap of $47.90 billion, a price-to-earnings ratio of 32.67, a PEG ratio of 2.99 and a beta of 1.02.

AMETEK (NYSE:AME) 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. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The company had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same period in the previous year, the company posted $1.87 EPS. The firm’s revenue was up 13.4% on a year-over-year basis. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. On average, analysts expect that AMETEK will post 7.15 EPS for the current year.

Insiders Place Their Bets

In related news, Director Thomas A. Amato sold 530 shares of the company’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total transaction of $114,893.40. Following the sale, the director owned 4,480 shares of the company’s stock, valued at $971,174.40. This represents a 10.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AME. Darwin Wealth Management LLC purchased a new position in shares of AMETEK in the 2nd quarter worth approximately $25,000. CoreCap Advisors LLC raised its holdings in shares of AMETEK by 84.3% in the fourth quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after buying an additional 59 shares during the period. MV Capital Management Inc. bought a new stake in shares of AMETEK during the 4th quarter worth approximately $28,000. BOKF NA boosted its holdings in AMETEK by 137.7% during the 4th quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after acquiring an additional 84 shares during the period. Finally, TruNorth Capital Management LLC purchased a new stake in AMETEK in the third quarter worth $31,000. 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.