AMETEK (NYSE:AME) Sets New 12-Month High on Analyst Upgrade

AMETEK, Inc. (NYSE:AME) shares hit a new 52-week high during mid-day trading on Thursday after Truist Financial raised their price target on the stock from $303.00 to $316.00. Truist Financial currently has a buy rating on the stock. AMETEK traded as high as $257.95 and last traded at $254.6860, with a volume of 1274888 shares changing hands. The stock had previously closed at $254.05.

AME has been the topic of a number of other research reports. TD Cowen reissued a “buy” rating on shares of AMETEK in a research note on Thursday. Mizuho set a $270.00 price objective on AMETEK in a research report on Friday, May 1st. Seaport Research Partners reiterated a “buy” rating and issued a $290.00 target price on shares of AMETEK in a research note on Wednesday. BNP Paribas Exane increased their target price on AMETEK from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Weiss Ratings lowered AMETEK from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, AMETEK currently has a consensus rating of “Moderate Buy” and a consensus price target of $266.80.

AMETEK News Roundup

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: AMETEK declared a quarterly dividend of $0.34 per share, payable September 30 to shareholders of record September 15. The payment implies an annualized dividend of $1.36 and a yield of approximately 0.5%, reinforcing the company’s shareholder-return profile. AMETEK Declares Quarterly Dividend
• Positive Sentiment: Recent analyst coverage has pointed to further appreciation potential for AMETEK, including bullish forecasts from BNP Paribas Exane and DA Davidson. A previously reported analyst upgrade also helped the stock reach a new 12-month high. BNP Paribas Exane Forecasts Strong Price Appreciation for AMETEK AMETEK Stock Price Expected to Rise, DA Davidson Analyst Says AMETEK Reaches New 12-Month High Following Analyst Upgrade
• Positive Sentiment: AMETEK’s latest quarterly report showed broad-based operating strength: earnings of $2.09 per share exceeded the $1.99 consensus estimate, while revenue of $2.04 billion surpassed expectations and increased 15% year over year. Management’s 2026 guidance remains consistent with continued earnings growth. AMETEK Earnings Call Signals Broad-Based Strength
• Neutral Sentiment: A Zacks screen identified AMETEK among high-return-on-equity stocks with solid earnings growth, although the article also noted broader market pressure related to surging oil prices. 5 High ROE Stocks to Buy as Oil Price Surge Hits Short-Term Rally

Hedge Funds Weigh In On AMETEK

A number of hedge funds have recently made changes to their positions in the business. M.D. Sass LLC purchased a new position in AMETEK in the second quarter valued at about $80,656,000. JLB & Associates Inc. acquired a new position in shares of AMETEK during the second quarter worth about $13,458,000. Meeder Advisory Services Inc. purchased a new stake in shares of AMETEK in the second quarter worth about $1,339,000. Meeder Asset Management Inc. acquired a new stake in shares of AMETEK in the second quarter valued at about $728,000. Finally, Citizens Financial Group Inc. RI acquired a new stake in shares of AMETEK in the second quarter valued at about $700,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Trading Up 1.0%

The firm has a market capitalization of $58.21 billion, a PE ratio of 37.13, a P/E/G ratio of 3.21 and a beta of 0.98. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.72 and a current ratio of 1.21. The firm has a fifty day moving average of $236.09 and a 200 day moving average of $229.89.

AMETEK (NYSE:AME) last released its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.99 by $0.10. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The firm had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter in the prior year, the business earned $1.78 EPS. AMETEK’s quarterly revenue was up 15.0% compared to the same quarter last year. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. Equities research analysts expect that AMETEK, Inc. will post 8.33 EPS for the current year.

AMETEK Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.34 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.5%. AMETEK’s dividend payout ratio is 19.88%.

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.