AMETEK (NYSE:AME) Price Target Raised to $280.00

AMETEK (NYSE:AMEFree Report) had its price objective raised by BNP Paribas Exane from $270.00 to $280.00 in a research report report published on Wednesday morning,Benzinga reports. The firm currently has an outperform rating on the technology company’s stock.

Several other analysts also recently weighed in on the company. DA Davidson reissued a “buy” rating and issued a $265.00 target price on shares of AMETEK in a report on Monday, May 4th. Royal Bank Of Canada upped their price target on shares of AMETEK from $260.00 to $291.00 and gave the company an “outperform” rating in a research report on Wednesday. Truist Financial increased their price target on shares of AMETEK from $275.00 to $303.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. KeyCorp raised their price objective on shares of AMETEK from $260.00 to $295.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, Morgan Stanley lifted their price objective on shares of AMETEK from $235.00 to $245.00 and gave the company an “equal weight” rating in a research note on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, AMETEK has an average rating of “Moderate Buy” and an average price target of $266.80.

Check Out Our Latest Analysis on AMETEK

AMETEK Price Performance

Shares of NYSE:AME opened at $253.97 on Wednesday. AMETEK has a 12 month low of $179.24 and a 12 month high of $257.95. The firm has a market capitalization of $58.21 billion, a P/E 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 current ratio of 1.21 and a quick ratio of 0.72. The company’s fifty day moving average price is $236.09 and its 200 day moving average price is $229.89.

AMETEK (NYSE:AMEGet Free Report) last released its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.99 by $0.10. The company had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. AMETEK’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.78 earnings per share. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. As a group, sell-side analysts predict that AMETEK will post 8.33 earnings per share for the current fiscal year.

AMETEK Dividend Announcement

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 issued a $0.34 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.5%. AMETEK’s payout ratio is presently 19.88%.

Institutional Investors Weigh In On AMETEK

A number of hedge funds have recently added to or reduced their stakes in the company. M.D. Sass LLC purchased a new stake in AMETEK in the 2nd quarter valued at approximately $80,656,000. JLB & Associates Inc. purchased a new position in shares of AMETEK during the 2nd quarter worth approximately $13,458,000. Meeder Advisory Services Inc. acquired a new stake in shares of AMETEK in the 2nd quarter valued at approximately $1,339,000. Meeder Asset Management Inc. acquired a new stake in shares of AMETEK in the 2nd quarter valued at approximately $728,000. Finally, Citizens Financial Group Inc. RI purchased a new stake in shares of AMETEK in the second quarter valued at approximately $700,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

Key Stories Impacting AMETEK

Here are the key news stories impacting AMETEK this week:

AMETEK Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for AMETEK (NYSE:AME)

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