Robert W. Baird Forecasts Strong Price Appreciation for AMETEK (NYSE:AME) Stock

AMETEK (NYSE:AME) had its target price hoisted by analysts at Robert W. Baird from $275.00 to $280.00 in a research note issued on Monday, Benzinga reports. The firm currently has a “neutral” rating on the technology company’s stock. Robert W. Baird’s price objective would suggest a potential upside of 10.37% from the company’s current price.

Other equities analysts also recently issued reports about the company. KeyCorp lifted their target price on AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. Seaport Research Partners reiterated a “buy” rating and set a $290.00 price target on shares of AMETEK in a research report on Wednesday, August 5th. Morgan Stanley raised their price target on AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a report on Friday, July 10th. Citigroup boosted their price objective on AMETEK from $257.00 to $261.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Finally, Vertical Research began coverage on AMETEK in a research note on Tuesday, September 8th. They set a “buy” rating and a $255.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, AMETEK has a consensus rating of “Moderate Buy” and an average price target of $267.00.

AMETEK Stock Up 0.7%

AME stock opened at $253.69 on Monday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 0.76. AMETEK has a 1-year low of $179.24 and a 1-year high of $261.16. The firm has a fifty day moving average price of $244.30 and a two-hundred day moving average price of $234.87. The firm has a market cap of $58.14 billion, a price-to-earnings ratio of 37.09, a PEG ratio of 2.38 and a beta of 0.96.

AMETEK (NYSE:AME) last posted its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.99 by $0.10. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The company had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same period last year, the firm posted $1.78 EPS. The company’s revenue for the quarter was up 15.0% on a year-over-year basis. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. Research analysts predict that AMETEK will post 8.42 EPS for the current year.

Insider Activity at AMETEK

In other news, insider David Hermance sold 6,608 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $254.00, for a total value of $1,678,432.00. Following the completion of the sale, the insider directly owned 42,509 shares of the company’s stock, valued at approximately $10,797,286. This represents a 13.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On AMETEK

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Moody National Bank Trust Division bought a new position in AMETEK during the 3rd quarter valued at $203,000. Neville Rodie & Shaw Inc. raised its stake in shares of AMETEK by 9.6% in the 3rd quarter. Neville Rodie & Shaw Inc. now owns 18,210 shares of the technology company’s stock worth $4,696,000 after buying an additional 1,600 shares in the last quarter. Baker Tilly Wealth Management LLC raised its stake in shares of AMETEK by 152.7% in the 3rd quarter. Baker Tilly Wealth Management LLC now owns 4,050 shares of the technology company’s stock worth $1,003,000 after buying an additional 2,447 shares in the last quarter. Ferguson Wellman Capital Management Inc. lifted its holdings in shares of AMETEK by 139.8% in the third quarter. Ferguson Wellman Capital Management Inc. now owns 29,934 shares of the technology company’s stock valued at $7,416,000 after buying an additional 17,452 shares during the period. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in shares of AMETEK by 450.1% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 6,612 shares of the technology company’s stock valued at $1,638,000 after buying an additional 5,410 shares during the period. Institutional investors own 87.43% of the company’s stock.

AMETEK Company Profile

AMETEK, Inc (NYSE: AME) is a global manufacturer of industrial technology products. The company develops and produces electronic instruments and electromechanical devices used in process, industrial, aerospace, power, energy, and other specialized markets.

AMETEK’s Electronic Instruments segment supplies products such as process and analytical instruments, measurement and testing equipment, power-quality monitoring systems, automation and control solutions, and equipment for aerospace and defense applications.